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Definition Fertilizer is any natural or manufactured plant nutrient that contains at least 5% of one or more of the three primary nutrients – nitrogen (N), phosphorous (P), or potassium (K) Industrially manufactured fertilizers are sometimes referred to as mineral fertilizers. Comments There are several sources of fertilizers. The two most important are organic manure […]
Indian polyester leader Polyplex selects Turkey for expansion Polyplex Corp. of India, is the fourth largest producer of polyester film in the world. Polyplex and the Investment Support and Promotion Agency of Turkey (ISPAT) have jointly announced the decision for Polyplex to select Turkey to support its global expansion in to produce polyethylene terephthalate (PET). […]
Toyo Engineering and SOG Oleo e Gas signed a MOU On May, 2012, Toyo Engineering Corporation (Toyo) and SOG – Óleo e Gás S.A. (SOG), a leading engineering company in Brazil, signed a Memorandum of Understanding (MOU) to create the new Brazilian joint venture company TS Participações e Investimentos S.A.. The signature ceremony was officially […]
Definition The Topsides are the surface installations allowing the drilling and/or production and/or processing of offshore hydrocarbons. Comments Normally used as a plural the Topsides comes from the ship building industry to designate all the portion of the ship coming on the top of the hull or above the waterline. Then it applies on the […]
Statoil validated concept for $4 billion Dagny and Eirin oil and gas fields development Partners and actual interests in Dagny are split between: – Statoil 58.5% – ExxonMobil 33% – Total 6.5% – Det norske oljeselskap 2%. The final distribution of ownership interests will be subject to negotiations in the period leading up to […]
$20 billion Petronas RAPID project calls for partners The proposed Petronas Refinery & Petrochemical Integrated Development (RAPID) complex in Pengerang, Johor, Malaysia, is so far the largest liquid-based greenfield downstream undertaken in Malaysia. It will have a 300,000 barrels per day refinery to supply the petrochemical complex, to produce a host of refined petroleum products, including gasoline […]
Definition Polyethylene (PE) is a thermoplastic polymer consisting of long hydrocarbon chains. A molecule of polyethylene is nothing more than a long chain of carbon atoms, with two hydrogen atoms attached to each carbon atom. Polyethylene is produced from the polymerization of ethylene as monomer. Polyethylene may have different grade of density with different melting point temperatures […]
Chevron Phillips to build two new Polyethylene units In April, Chevron Phillips Chemical Co. (Chevron Phillips) confirmed to build two polyethylene facilities in Sweeny facility in Old Ocean, Texas, which is located in Brazoria County. The two polyethylene facilities planned are part of the company’s U.S. Gulf Coast (USGC) Petrochemicals Project. The Woodlands-based chemical company, Chevron […]
$350 million to acquire Dubai’s NPS Energy 21 May 2012 – Aker Solutions has agreed to acquire NPS Energy, which is part of oil field services company National Petroleum Services. NPS Energy has a strong presence in the Middle East and North Africa, which combined hold approximately 60 per cent of the world’s proven oil […]
Definition Long lead item refers to the equipment, product or system that is identified at the earliest stage of a project to have a delivery time long enough to affect directly the overall lead time of the project. Comments The long lead items are common in the oil & gas and petrochemical industry because of […]
In an EPCM contract, the FEED (Basic Engineering) has been done already. When the owner/customer finally decides on the contractor, when should the contractor start ANY activity for the LLIs, even before the detailed engineering starts? This can be done in cooperation with the owner, because as you know in EPCM the contractor is doing this work on-behalf of the owner.
Thanks in advance for your help.
Dear Bradley,
Thank you for your comment.
Usually the basic design done at FEED stage is enough to size the different components under Long Lead Items procurement.
In fact, by nature, Long Lead Items have to be in the pipe before the detailed engineering starts, meaning before the main contractor being awarded the EPC contract. Thus, LLIs are directly handled by the owner/operator of the futur facility and LLIs specifications have to be integrated by the engineering companies bidding on the EPCM contract for their design.
I hope it helps