Construction
Bahrain's Bapco starts talks with contractors on Sitra expansion bids
DUBAI (Reuters) -- State-run Bahrain Petroleum Co (Bapco) has started two weeks of negotiations with international contractors to clarify bids to expand the Sitra oil refinery, estimated to cost around $5 B.
Business Trends: Standardized modularization—Drivers, challenges and perspectives in the oil and gas industry
Modularization is an alternative way of performing engineering aimed to reduce the number of interfaces, the total installed cost (TIC) and overall schedule length of a project, while optimizing the return on investment (ROI) and allowing standardization for similar future projects.
Industry Perspectives: What is the solution to comply with the IMO’s Global Sulfur Cap regulation?
In October 2016, the International Maritime Organization (IMO) announced that it will implement a new regulation that calls for the sulfur content in marine fuels to be reduced from 3.5% to 0.5%.
Refining: Uncertainty grips South Africa’s Clean Fuels Program
The planned upgrading of oil refineries in South Africa to produce Euro 5-specified fuels will likely take longer than initially anticipated.
Editorial Comment: Petrochemical project announcements top $80 B since 2014
Although new petrochemical project announcements have fallen over the past 3 yr, the global petrochemical sector will continue to see strong growth through the end of the decade.
GTC provides isomerization, dividing wall technology at BPCL refinery in India
HOUSTON, Texas — GTC Technology has provided its low-temperature Isomalk-2 process technology for the successful start-up of a light naphtha isomerization unit at the Bharat Petroleum Corporation, Ltd. refinery in Mumbai, India.
Fluor completes construction of Dow Chemical’s ethylene production facility
IRVING, Texas – Fluor Corporation announced that it has safely finished the mechanical construction of The Dow Chemical Company’s new ethylene production facility in Freeport, Texas on schedule.
Yanchang Petroleum’s large-scale CCUS facility enters construction in China
XI'AN, China – China’s first large-scale carbon capture storage and utilization (CCUS) facility enters construction. The facility's final investment decision represents a series of "firsts" for China and Yanchang Petroleum, one of China's largest oil and gas companies and the facility's owner.
MMEX Resources, KP Engineering to design, build refinery in Permian Basin
AUSTIN, Texas -- MMEX Resources Corp., a development stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, and KP Engineering, an energy industry company in engineering, procurement and construction solutions, announced a partnership for KPE to engineer, design and construct the planned Pecos County refinery announced by MMEX earlier this month.
CB&I awarded technology contract for refining, petchem project in China
THE WOODLANDS, Texas -- CB&I announced it has been awarded a substantial contract for the license, engineering design and catalyst supply for five proprietary technologies to be used in an integrated refining and petrochemical project in China.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
