Front End Engineering and Design (FEED)
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. […]
$4 billion for first Brunei Refinery & Aromatics complex Zhejiang Hengyi Petrochemicals co.ltd (Zhejiang Hengyi) is the largest polyester fibers manufacturer in China. Founded in 1994 it is a privately owned company. Zhejiang Hengyi is planning to build an integrated refinery and petrochemical complex at Pulau Muara Besar in Brunei Darussalam with the country’s first aromatics production facilities, the chemical-fibers production units. […]
The Dow Chemical Company (Dow) will spend $4 billion in capital expenditure for this ethylene and propylene production facilities in Freeport, Texas, USA. This Olefins project illustrates the previous news about the consequences of the Shale gas to provide long term feedstock at very competitive price to the Downstream activities. As a good example of the relocation into USA of the petrochemical industry, this new ethylene […]
Mariner is the first field to be developed from the $9.6 billion capital expenditure Mariner & Bressay project located in the UK North Sea Because the offshore ultra heavy crude oil is one of the most challenging exploration & production of the Oil&Gas sector, Statoil decided to proceed step by step. Mariner will go first and Bressay will follow one […]
Luberef stands for the Saudi Aramco Lubricating Oil Refining Company created by Saudi Aramco and ExxonMobil. But since 2007, Luberef is a 70/30 joined venture between Saudi Aramco and Jadwa Investment to operate lube oil refineries in Yanbu and Jeddah. With Jeddah and Yanbu refineries, the total Luberef actual capacity runs around 550,000 t/y lubricants, […]
A year ago, Oman Oil Company (OOC) and the International Petroleum Investment Company (IPIC) – an Abdu Dhabi Government owned company – signed in Abu Dhabi a cooperation agreement on investments in oil, gas and petrochemicals. This agreement is now taking shape with the decision to move ahead with this $6 billion refinery to be […]
Fluor Corp. (Fluor)announced to have signed a Strategic Global Engineering, Procurement, Construction (EPC) and Construction Management Agreement with The Dow Chemical Company (Dow). This three-year agreement has a two-year extension option for up to five years and Dow’s global capital projects program across all Dow products. This contract includes all the potential new projects across […]
