Construction
Automation Strategies: Drive maximum asset capability with operational technologies
Owner-operators across the hydrocarbon processing industry (HPI) strive to gain maximum business value from their process plant assets. Here, automation assets and other operational technology (OT) typically play a major role.
Editorial Comment: Hydrocarbon Processing forecasts $321 B in total HPI spending in 2017
What is the state of the global hydrocarbon processing industry (HPI)? Which regions and sectors are seeing growth, and which are stagnant, or possibly shrinking? These were some of the questions that <i>Hydrocarbon Processing</i> editors tackled at the 43rd Annual <i>Hydrocarbon Processing</i> Forecast Breakfast.
Modularization: The key to success in today’s market
The world economic order is rapidly changing. A transition is underway, led by the sudden collapse of crude oil and natural gas prices. Here, the pros and cons of modularization vs. field construction are outlined.
Global Project Data
<i>Hydrocarbon Processing’s</i> Construction Boxscore Database is tracking more than 700 active refining projects around the world. The majority of these projects are located in the Asia-Pacific and Middle East regions.
Petronas to help YHBS, Huchems develop petrochemical complex near Bintulu, Sarawak
Petronas will conduct a pre-feasibility study for a methanol plant in Bintulu, Sarawak and supply natural gas to Huchems’ proposed petrochemical plant in the same location.
Maire Tecnimont awarded EPC contract for HDPE unit at Pengerang Integrated Complex
Maire Tecnimont and China’s HuanQiu Contracting & Engineering Corp. have been awarded an EPC contract for a new HDPE unit at Petronas’ Pengerang Integrated Complex.
KBR, SOCAR JV awarded second program management contract in Azerbaijan
KBR, Inc.’s JV with SOCAR was awarded a second program management consultancy contract for the Azerikimya Production Union of the State Oil Company of Azerbaijan.
Genoil signs $50-B letter of intent to develop integrated oil project in Russia
Genoil Inc. has signed a $50-B letter of intent to develop oil fields and construct clean technology upgraders, refineries and pipelines in Russia.
Sinopec in $4-B petrochemical JV with Taiwan firm
A subsidiary of top Asian refiner Sinopec Corp. has officially launched a 50-50 JV with a Taiwanese company to build a petrochemical complex in southeast coastal Fujian province.
Thailand's Bangchak reviewing refinery upgrade plan
Bangchak Petroleum Pcl. is reviewing its previously announced plan to upgrade and raise its refinery capacity to 140 Mbpd from 120 Mbpd.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
