project
$50 billion of business opportunities in 250 projects On November 19th 2012, the Project Smart Explorer data base reports $50 billion of business opportunities within the 250 active projects in pursuit in the oil and gas and petrochemical industry. These business opportunities are related for: – $18 billion to Electrical products and systems (Switchgears, transformers, motors and generators, cables, lighting, power systems, etc…) – […]
PetroChina to secure its oil supply chain from Athabasca Fort McMurray to Kitimat, BC Step by step the China National Petroleum Company (CNPC or PetroChina), is putting in place all the pieces of its upstream puzzle from Athabasca, Alberta oil sands fields to Kitimat, BC. In 2011, PetroChina payed $1.9 billion capital expenditure to Athabasca Oil […]
WorleyParsons completed FEED for PDO Zauliyah Petroleum Development Oman (PDO) is working on a new gas plant project at Zauliyah in central Oman adjacent to PDO’s existing Zauliyah Oil Production Station. The greenfield project will process non-associated gas, water and condensates from the Hasirah and Hawqa fields in the Bahja-Rima area of PDO’s concession to boost […]
Sitra Refinery expansion preliminary studies completed After multiple scenarios for revamping and expansion, the Minister of Energy in Bahrain, Dr. Abdul Hussain bin Ali Mirza, has announced the completion of the preliminary studies to modernize the Sitra refinery. The plan of the Bahrain Petroleum Company (Bapco) aims to increase energy efficiency and increase production of high value […]
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 […]
Solvay’s Vinythai selected Taixing for new ECH plant With a Chinese market of epichlorohydrin (ECH) expected to grow by 8% per year, Solvay and its Thai affiliate, Vinythai have decided to invest in a new production plant in Taixing, Jiangsu Province, China. This new plant will have an initial capacity of 100,000 t/y epichlorohydrin. Solvay […]
Iraq and Chevron Phillips signed a Letter of Intent Iraq and Chevron Phillips Chemical Corp, a joint venture of Chevron Corp and ConocoPhillips, signed a letter of intent to perform a project feasibility study of developing a petrochemical plant in the country. The company would examine building a new facility and upgrading an existing Iraq-owned petrochemicals […]
