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Técnicas Reunidas Looks To Move On From Jazan Fiasco
...ado predicts. RAS TANURA CFP: ALMOST DONE TR adds that the latest $80mn Ras Tanura award is a “new and independent contract” from the $1.5-1.8bn clean fuels upgrade contract that the firm was awarded at Ras Tanura refinery at the end of 2016 (MEES, 13 January 2017). Work on this is “cu...
Volume: 63Issue: 32Published at Fri, 07 Aug 2020 -
Ruwais Fix: OMV Upbeat
...uid catalytic cracker (RFCC) – one of the world’s largest – at its 417,000 b/d Ruwais West refinery. The RFCC was damaged in a fire in early 2017 and wasn’t fully functional again until last year (MEES, 22 February 2019). Even then, problems persisted. Adnoc implemented a general turnaround at Ru...
Volume: 63Issue: 32Published at Fri, 07 Aug 2020 -
Saudi Petchems Firms Report Best Profits Since Crude Price Collapse
...88bn) for the second quarter of 2018, with some of the boost attributable to strong oil prices. State-led giant Sabic disclosed a second quarter net profit of SR6.7bn ($1.79bn), up 81% on Q2 2017, while the combined quarterly profits of the other smaller firms topped $1bn for the first time (see ch...
Volume: 61Issue: 32Published at Fri, 10 Aug 2018 -
Aramco Seeks Rapid $8bn
...integrated 3.5mn t/y petchems complex (MEES, 3 March 2017). DOUBLE REFINING CAPACITY Aramco plans to double its global net refining capacity from 5.4mn b/d now to 10-12mn b/d and to increase global petrochemicals capacity to 34mn t/y from the current 12mn t/y. This plan will li...
Volume: 61Issue: 32Published at Fri, 10 Aug 2018 -
Oman Lines Up Duqm Contractors, Targets Products Exports
...oducts, to Asia and Africa in particular (see map). Oman produced 968,000 b/d of crude and condensate in H1 2017 and exported 809,000 b/d. Products trade in either direction is minimal, though most months see some diesel exports. Spain’s Tecnicas Reunidas and Korea’s Daewoo E&C have been selected by DR...
Volume: 60Issue: 32Published at Fri, 11 Aug 2017 -
Iran Lines Up Linde To Design Cracker In Giant 12th Olefin Complex
...% by private firm Parsian Oil and Gas, 40% by the government’s Teachers Investment Fund and 2% by private investment firm Hamun Sepahan. Work on the 12th Olefin plant was originally intended to start in 2012, with a view to production start-up in 2017. However, state-owned National Petrochemical Co...
Volume: 59Issue: 32Published at Fri, 12 Aug 2016 -
Egypt Signs Deals For CDU, Diesel Units In Push To Meet Rising Demand
...siut 25 Vapor Recovery Unit (LPG) 3,900 2016 Suez 36.5 Vapor Recovery Unit (LPG) 1,500 2017 Su...
Volume: 58Issue: 32Published at Fri, 07 Aug 2015 -
Iran Lays Giant Condensate Export ‘Refinery’ Bait For Foreign Investors
...cluding condensate plants) to 2.04mn b/d (see table). But, of these, only Persian Gulf Star is currently making significant progress. NIORDC says its first 120,000 b/d splitter is 75% complete and due online in 2015. However, the IEA says Persian Gulf Star’s first unit will not start-up until 2017 (MEES, 27...
Volume: 57Issue: 32Published at Fri, 08 Aug 2014 -
Kuwait Fast Tracks Refinery Projects
...madi – a fifth NGL fractionation train – is expected to tender for construction contracts in 3-6 months. “Muhammad al-Mutairi is really pushing the fifth train,” the contractor says. Capacity will be 105,000 b/d of LPG and condensate and 800mn cfd of ethane and natural gas. For 2017, when the fifth train is...
Volume: 56Issue: 32Published at Fri, 09 Aug 2013 -
Orpic: Plastic Expansion
...,000 b/d of condensate) Khazzan-Makarem tight gas field project starts up. The project will set a new price range the government is prepared to pay gas producers to attract upstream investment. It is due to start up in the first half of 2017....
Volume: 56Issue: 32Published at Fri, 09 Aug 2013