Definition Paraxylene is one of the three DimethylBenzene isomers and therefore belongs to the Aromatics family, so called BTX where X stands for Xylene. Paraxylene is also called P-Xylene or even PX. Paraxylene is a colorless liquid. Comments Paraxylene is obtained by the distillation of camphor with zincchloride. Then Paraxylene can be oxidized to form Purified […]
Shah Deniz consortium decided to commence Front End Engineering and Design (FEED) Shah Deniz Stage 2, or Full Field Development (FFD), is a giant project that will bring gas from Azerbaijan to Europe and Turkey. This will increase gas supply and energy security to European markets through the opening of the new Southern Gas Corridor.
BP votes for the FEED of $25 billion Shah Deniz Stage 2 Read More »
Jacobs Engineering won the EPCM Services Contract SABIC has awarded a contract to Jacobs Engineering Group to provide engineering, procurement and construction management (EPCM) services to upgrade an Olefins 4 plant at its petrochemical production complex in Geleen, Netherlands. Jacobs said it will carry out the work from its office in Meerssen, Netherlands, which is
Sabic invests $170 million in Geleen Naphtha Cracker Read More »
Definition Turnaround is a planned shutdown of any plant where a large number of activities, in terms of various of discipline have to be executed in a specified / predefined duration. Comments In the Oil & Gas and Petrochemical industry most of the plants are designed and built to last more than 30 years and
Fluor wins the Project Management Services Contract Reliance Industries Limited (RIL) is converting a part of the fuel production for export into petrochemical added value products. In that purpose, RIL has awarded a contract to Fluor to provide project management services (PMS) for its refining and petrochemical projects to be executed in Jamnagar, Gujarat, India. Commissioned
$4 billion Reliance Jamnagar Refinery Coke gasification: PMS contract awarded Read More »
After ExxonMobil and ENI, Rosneft extends its domino strategy to Statoil Rosneft and Statoil signed a cooperation agreement to jointly explore offshore and onshore fields in the Russian sections The cooperation agreement also provides Rosneft with an opportunity to acquire interests in selected Statoil exploration licences and assets in the North Sea as well as
Rosneft and Statoil sign for Barents & Okhotsk Seas Exploration Read More »
Definition Heavy crude oil and extra heavy crude oil is any type of crude oil which does not flow easily. Physically heavy crude oil have higher viscosity and density or specific gravity with an heavier molecular composition Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°. Extra Heavy crude oil have an API gravity
Camisea gas for the $3.5 billion Peru Southern Project Brazilian and Peruvian Governments have approved the Camisea Southern gas pipeline project, the Integrated Petrochemical Complex planned by Braskem and PetroPeru will get the necessary ethane feedstock. Odebrecht will lead the Brazilian consortium to build the $5 billion capital expenditure Peru’s Southern Andean Gas Pipeline from the Camisea gas fields to Quillabamba to supply a
Braskem & PetroPeru Petrochemical complex on track Read More »
Toyo and SOG create TS Participações S.A. Last month MODEC TOYO Offshore Production Systems Pte. Ltd. (MTOPS), a joint company created by Toyo Engineering Corporation (Toyo) and MODEC, Inc. (MODEC) established in Singapore, has been awarded a EPC contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system from Dutch company of Cernambi Sul MV24
Toyo extends its footprint in Brazil with SOG joint venture Read More »
Definition The Henry hub is the pricing point for the natural gas future and spot contracts traded on the New York Mercantile Exchange (NYMEX). Physically the Henry hub is located in Erath, Louisiana, USA and belongs to the Sabine Pipeline LLC. Comments Future and spot prices set at Henry hub are denominated in $/mbtu (million of British thermal units) and are generally
