chemone

ChemOne announces US$3.38bil petrochemicals hub in Johor

by with No Comment News

ChemOne Group, an oil and gas, petrochemicals and natural resources conglomerate, has announced the launch of the US$3.38bil Pengerang Energy Complex (PEC) in Johor.

Construction of the facility is scheduled to start in the second half of 2020.

According to a statement by ChemOne, it will be the master developer and majority shareholder of the PEC, which aims to be a world-class petrochemical hub that will add value to the downstream oil and gas value chain in Malaysia.

Upon completion, the project will be one of the world’s largest integrated condensate splitter and aromatics facilities.

“This is in line with the Government’s Transformation Programme to increase Malaysia’s petrochemical output and establish it as a regional oil storage and trading hub,” said ChemOne.

The PEC will have a processing capacity of 150,000 barrels per day of condensate plus side feed of naphtha, an aromatics output of 2.3 million metric tons per annum; energy products output of 3.9 million mtpa and hydrogen of 50,000 mtpa.

The condensate splitter will produce heavy aromatics naphtha, a primary feedstock for the aromatics plant.

Over four years of construction, the PEC will hire over 7,000 employees.

It will employ 250 staff once it commences operations, of which 80% will be Malaysian.

ChemOne said the project will employ various external contractions, service providers and SMEs.

“Overall, PEC is estimated to require the use of US$600-750 million worth of Malaysian-made content and catalyse additional investments of US$500-600 million for associated infrastructure, storage and other facilities,” it said.

It is expected to reach full capacity by 2024, and generate an annual export turnover of US$5bil for Malaysia.

Maire Tecnimont of Italy is ChemOne’s engineering, procurement, construction and commissioning (EPCC) partner for the project while UOP is the technology provider for PEC.

ADNOC news

UAE finds new natural gas field between Abu Dhabi, Dubai

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The United Arab Emirates on Monday announced the discovery of a natural gas field containing 80 trillion standard cubic feet of gas between Abu Dhabi and Dubai.

Authorities said the new Jebel Ali field would help the Emirates become more energy independent, as the UAE now imports natural gas from Qatar for electricity.

Leaders of Abu Dhabi and Dubai witnessed the signing of an agreement between Abu Dhabi National Oil Company (ADNOC) and Dubai Supply Authority for the exploration and development of the gas resources.

Qatar has continued to supply its Gulf neighbour with gas via the Dolphin pipeline, despite being blockaded by the UAE and three other Arab nations over a years-long political dispute. 

In June 2017, Saudi Arabia, the UAE, Bahrain and Egypt imposed a land, air and sea blockade on Doha, accusing it of “supporting terrorism”.

Qatar has repeatedly and vehemently denied the allegation.

The agreement with Qatar “reinforces ADNOC’s commitment to ensuring a sustainable and economic gas supply and achieving gas self-sufficiency”, said the firm’s CEO, Sultan al-Jaber.

ADNOC and the Dubai Supply Authority will explore and develop the shallow gas field, which spans some 5,000 square kilometres (1,930 square miles), ADNOC said.

Monday’s statements gave no details on the timeframe for the new gas resources to come on stream or the estimated cost of the projects.

Shallow gas resources are reserves found trapped not too deep from the surface but they need advanced technology for production.

Qatar is the world’s largest liquefied natural gas (LNG) producer.

It produces and supplies the globe with 42 million metric tonnes of LNG annually. Most of this gas is pumped from the North Field, which is part of the world’s largest gas field that is shared between Qatar and Iran.

kbr

KBR AWARDED MAJOR PMC SERVICES CONTRACT BY ADNOC FOR GHASHA CONCESSION PROJECT

by with One Comment News

KBR has been awarded a major Project Management Consultancy (PMC) services contract by Abu Dhabi National Oil Company (ADNOC) for the Ghasha Concession portfolio of projects.

Under the terms of the contract, KBR will act as the main PMC contractor responsible for managing the successful Engineering, Procurement and Construction (EPC) contractors for Packages A & B of the Dalma Gas Development Project, Packages 1-5 of the Hail & Ghasha Development Project, Hail & Ghasha Islands Project as well as the Deep Gas Project. This work is expected to be performed over four years with an optional extension for two more years.

The Ghasha mega-project has the potential to meet about 20 percent of the UAE’s gas demand by around the second half of the decade. In addition, more than 120,000 barrels per day of oil and high-value condensates are expected to be produced when the project is on stream.

“We deeply appreciate the tremendous amount of trust that ADNOC has placed in KBR to project-manage such a significant share of this strategic Ghasha Concession program,” said Stuart Bradie, KBR President and CEO. “This award highlights ADNOC’s confidence in KBR’s reputation as the industry leader in the provision of value-added PMC services for similar mega gas-field development projects.”

“We look forward to continuing our long-term relationship with ADNOC and to demonstrating once again our world class ability to manage large-scale, complex projects such as this on time, within budget, but most of all with a strict safety culture,” Bradie continued. “We are confident that the Ghasha Concession Project will significantly boost In-Country Value. As always, KBR remains fully committed to act as one of ADNOC’s strategic partners to achieve the targeted In-Country Value objectives.”  

Source: https://www.kbr.com/en

DSC_9362

Fluor Partnership Awarded EPC Services Contract for Canada Kuwait Petrochemical Corporation Propane Dehydrogenation Unit

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Fluor Corporation announced that Heartland Canada Partners (HCP), Fluor’s 50/50 partnership with Kiewit Construction Services ULC, was awarded a contract to provide engineering, procurement and construction services for a new propane dehydrogenation (PDH) unit for Canada Kuwait Petrochemical Corporation (CKPC), a 50/50 joint venture between Pembina Pipeline Corporation (Pembina) and Kuwait’s Petrochemical Industries Company K.S.C. (PIC). The new PDH unit is part of CKPC’s integrated PDH plant and polypropylene upgrading facility that will be located in Sturgeon County, Alberta, Canada. Fluor expects to book its portion of the contract value in the first quarter of 2020.

HCP and CKPC worked collaboratively throughout the process to de-risk the project for the benefit of both parties.

When complete, CKPC’s integrated PDH plant and polypropylene upgrading facility will convert locally sourced, low-cost propane into 550,000 tons per year of polypropylene. Polypropylene is used to manufacture a broad range of consumer products including automobile parts, food storage containers and medical devices. In addition to the two units, the complex will consist of a central utility block and product handling area with associated support systems and facilities.

Source: https://www.financialbuzz.com

technipfmc-664x443

TechnipFMC Awarded a Significant Contract by Motor Oil Hellas for a New Naphtha Complex in Greece

by with One Comment News

TechnipFMC has been awarded a significant Engineering, Procurement and Construction Management (EPCm) services contract for the construction of a new naphtha complex for Motor Oil Hellas’ Corinth Refinery in Greece.

This new naphtha complex will have a capacity of 22,000 barrels per day and consist of three new process units: a naphtha hydrotreater unit, a platforming unit and an isomerization unit. Upon completion, the complex will allow Motor Oil Hellas Refinery to increase its production of Euro 5 gasoline, aligned with its strategy to increase the production of clean fuels. The project also includes upgrading the existing utilities and offsite units to meet the requirements of the new complex.

This award follows the successful execution of TechnipFMC’s FEED (front end engineering design) for the same complex.

Source: www.technipfmc.com

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Adnoc awards Dh1.8bn EPC contract to upgrade Bab onshore field

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Abu Dhabi National Oil Company(ADNOC) awarded a Dh1.8 billion contract to upgrade capacity at its giant onshore Bab field, which produces the emirate’s flagship Murban crude.

A subsidiary, Adnoc Onshore, granted 39-month engineering, procurement, and construction contract to Greek company Archirodon Construction Overseas to maintain long-term crude production capacity at the field at 485,000 barrels per day.

The Bab field already plays an important role in supporting Adnoc’s production capacity mandates and this upgrade complements Adnoc’s upstream growth plans,” said Adnoc Onshore chief executive, Yaser Al Mazrouei.

The UAE accounts for 4 per cent of global crude production, much of it sourced from fields owned and operated by Adnoc in Abu Dhabi. The national oil company is targeting increasing production capacity to 4 million barrels per day by 2020, from 3 million bpd at present. By 2030, the company sees output capacity hitting 5 million bpd. The UAE’s total output for September was 3.08 million bpd, according to secondary sources cited by Opec.

Adnoc is targeting raising production capacity on the Bab field to 450,000 bpd by 2020 from 420,000 bpd presently. Around Dh1.35bn is expected to flow back into the UAE as a result of the capacity addition, Adnoc said.

Source: https://www.adnoc.ae/

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Rosneft and Pertamina JV signed a contract with Tecnicas Reunidas to carry out the FEED project for Tuban Refinery, Indonesia

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PT Pertamina Rosneft Pengolahan dan Petrokimia, joint venture of PJSC Rosneft Oil Company and Indonesian state oil and gas company Pertamina, signed a contract with Spanish Tecnicas Reunidas SA to carry out the Basic Engineering Design (BED) and the Front-End Engineering Design (FEED) project for the construction of oil refinery and petrochemical complex in Tuban (East Java, Indonesia).

PT Pertamina Rosneft Pengolahan dan Petrokimia joint venture was established according to the agreement signed in October 2016. Rosneft owns a 45% stake, Pertamina – 55%.

The favourable market environment and the consumption growth prospects in Indonesia allowed the joint working group of Rosneft and Pertamina to develop a competitive conception of refinery/petrochemical complex. The plant is expected to become one of the most high-tech in the world (Nelson’s complexity index 13.1). Design capacity of primary processing is planned at the level of up to 15 mmta, of the petrochemical complex – more than 1 mmta for ethylene and 1.3 mmta for aromatic hydrocarbons.

The project will receive the full support of the Indonesian authorities, both in terms of the necessary benefits and the provision of the infrastructure. Commissioning of the refinery/petrochemical complex is planned for the next 5 years. Due to the implementation of the project, a large new petrochemical cluster in the region of the city of Tuban can be created in the future.

The project is a significant element of Rosneft’s strategy to strengthen its presence in the high-margin market for petroleum-based products in the Asia-Pacific Region. The construction of the plant will strengthen the Company’s position in the Indonesian consumer market and confirm its status as a reliable partner in oil and gas production and refining projects in the region.

Source: https://www.rosneft.com/