process

Total awarded main packages on Martin Linge in Norway

Technip and Samsung Heavy Industries won Topsides In selecting the consortium made of  Technip and Samsung Heavy Industries (SHI) for the topsides of its Martin Linge project in Norway, the french international oil company, Total, awarded the main package of this $4.2 billion project. Lying by 120 meter water depth on the Norwegian Continental Shelf (NCS), the Martin Linge …

Total awarded main packages on Martin Linge in Norway Read More »

Gazprom, Total and Statoil redefine Shtokman and partnership

Gazprom brings Shtokman back to square one Shtokman field was discovered in 1988, and is located 550 kilometers offshore northern Russian coast by 340 meters water depth. The recoverable reserves are estimated to 3.9 trillion cubic meters of natural gas. The project development is planned in three phases, each one to produce 23.7 billion cubic …

Gazprom, Total and Statoil redefine Shtokman and partnership Read More »

Brownfield

Definition Brownfield refers to project of expansion or revamping or services on an existing facility By opposition greenfield is the common word to describe a new project. Comments In that respect a brownfield investment covers also the situation where a company or government entity purchases or leases existing production facilities to launch a new production activity. This is one …

Brownfield Read More »

Samsung harvests $1.9 billion Russian contracts in Iraq

Lukoil awarded $1West Qurna Phase 2 to Samsung Engineering  Samsung Engineering officially signed a contract, worth approximately $1 billion, with LUKOIL Mid-East Ltd. (Lukoil) for the development of the West Qurna Phase 2 Contract Area and thereafter to  provide assistance to LUKOIL with its carrying out of the commissioning and start up. This engineering contract covers: –Project Management …

Samsung harvests $1.9 billion Russian contracts in Iraq Read More »

ThyssenKrupp Uhde Chlore-Alkali Technology for AkzoNobel Expansion

AkzoNobel invests $180 million for 50% increase in Frankfurt Chloride and Caustic Soda facilities Caustic Soda is one of the most widely used chemicals in the industry. The increasing requirements in Europe for chlorine and derivatives over the past five years means the current plant is not meeting demand. Caustic soda is a solution of …

ThyssenKrupp Uhde Chlore-Alkali Technology for AkzoNobel Expansion Read More »

“ASU”

Definition ASU is the acronym of Air Separation Unit and refers to the Air separation plant to produce industrial gases Air separation plants produce oxygen, nitrogen and argon from atmospheric air, normally by one of three processes:  – Non-cryogenic plants produce oxygen or nitrogen gas product from compressed air at near ambient temperature by physical …

“ASU” Read More »

Sulfur may cost $600 million extra in Wasit Gas Project

Saipem submitted $600 million change order to Saudi Aramco The Wasit Gas Development Program represents $4.6 billion capital expenditure to build an onshore grass-roots Central Processing Facility (CPF) to process 2.5 billion cf/d of gas from the Arabiyah & Hasbah offshore fields and produce approximately 1.75 billion cf/d of sales gas. Offshore gas wellhead production …

Sulfur may cost $600 million extra in Wasit Gas Project Read More »

Turnaround

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 …

Turnaround Read More »

Scroll to Top