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Resources and Energy With Headoffice in Sydney, New South Wales, Australia, WorleyParsons was established in 2004 from the acquisition of the Californian engineering company Parsons E&C by the Australian Worley. Parsons E&C had a long history since 1944 in the downstream sector, refining, petrochemicals and power. Worley was established under the actual form in 1987 from […]
Philadelphia Refinery to rely on Marcellus shale gas Last year Sunoco Inc (Sunoco) had announced to close the Philadelphia refinery in Pennsylvania, USA, on summer 2012 if no buyer could be found in the meantime. But the development of the shale gas in USA much faster than expected and in very competitive conditions offers a […]
Definition Mild Hydrocracking or MHC is referring to the refining process designed to performs a partial hydrocracking only. In the mild hydrocracking only about 20-60% at ~ 50-85 bar of the feedstock crude oil is cracked. Comments The objective of the Mild Hydrocracking process is to convert 20-60% of the vacuum gas oil at 343°C to […]
Saudi Aramco and Sumitomo evaluate FEED tenders When Saudi Aramco and Sumitomo had created the joint venture PetroRabigh in 2005, this complex was designed as the biggest integrated refinery and petrochemical complex in the World. With a capacity of 400,000 b/d crude oil PetroRabigh has seen several upgrades and expansions. The Front end engineering and design […]
Gazprom to study underground gas storage in China Last May, China and Russia had terminated lengthy negotiations on their natural gas trading prices to drive the constructions of multiple gas pipelines between the two countries. China had made its best efforts to increase its offer from $0.235 per cm to $0.250 while Russia was ready to accept $0.300 per cm instead of $0.350. But the […]
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 […]
KNPC to pre-qualify EPCs for CFP and NRP projects Expected on June 13th, the state-owned oil refiner Kuwait National Petroleum Co (KNPC) has decided to postpone to July 4th the dead line for the engineering companies to submit their expression of interest (EOI) for the calls for tenders to be issued for the multiple engineering, procurement and construction […]
Definition BOE is the acronym of Barrel of Oil Equivalent – a unit of energy based on the approximate energy released by burning one barrel of Crude oil. One Barrel contains 42 US gallons or 158.9873 litres of light crude oil which will produce 5.8 × 106 British Thermal Units (million BTU or mBTU) according to the US […]
