WORLD NEWS
IN BRIEF
June
2016
HYDROCARBON
ENGINEERING
8
SINGAPORE
Afton Chemical Corporation has announced
the opening of its production plant in Jurong
Island. The facility will now commence
production of key components that are used
in the company's engine oil additives to
meet rising regional and global demand. The
opening of the plant represents a new phase
of Afton Chemical's ongoing expansion into
the Asia Pacific.
SAUDI ARABIA
Atlas Copco Bolt Tightening Solutions has
been awarded a major contract with SABIC
in Saudi Arabia. The contract, covering all
SABIC’s requirements for bolt tightening as
part of routine maintenance or a scheduled
shutdown, was won through local Agent
Sendan International Co. Ltd. The dedicated
team for Saudi Arabia has its headquarters in
Al-Jubail, under the sponsorship of Sendan
International Co. Ltd, where the majority of
SABIC’s affiliates are based.
KENYA
Amec Foster Wheeler has announced the
award of a project management consultancy
contract by NIRAS to support the next
stages in the development of a Kenya Ports
Authority project for the offshore relocation
and expansion of the Kipevu Oil Terminal
(KOT) in Mombasa, Kenya. The scope of work
includes technical support and expertise
for the development of an engineering,
procurement and construction tender
package and the evaluation of tenders.
WORLDWIDE
Technip and FMC Technologies have
announced that the companies will combine
to create a global leader, TechnipFMC, which
would have an equity value of US$13 billion
based on pre-announcement share prices.
The companies have entered into a
Memorandum of Understanding and expect
to execute a definitive business combination
agreement to combine the companies in an
all-stock merger transaction.
USA |
Design and construction contract
K
P Engineering (KPE) has secured a
fixed price contract in excess of
US$100 million dollars from Targa
Terminals LLC , a subsidiary of Targa
Resources Corp. The project, one of
the few grassroots refining facilities to
be built in the US in the last 40 years,
is the latest in a line of successful
project awards.
In continuing its growth plans,
KPE is moving forward with hiring
additional employees to match its
string of new opportunities.
Company facilities have expanded to
include new corporate offices in
Tyler, Texas, and offices in Houston
and Tulsa.
For the subject project, KPE will
design and construct a 35 000 bpd
crude and condensate splitter and an
associated tank farm to be located at
Targa’s storage and marine terminal
facility in Channelview, Texas. The
project is a result of over two years
of process study and project
development work.
USA |
Cryogenic processing facility
N
avitas Midstream Partners, LLC has
announced the execution of a long
term gas purchase agreement with
Encana Oil & Gas (USA), Inc. Under the
agreement, Navitas will purchase
Encana's gas from its substantial
acreage position in Howard County,
Texas. Navitas will gather gas into a
new system consisting of low pressure
gathering lines, multiple compressor
stations and a 38 mile, 16 in. high
pressure pipeline, providing fully
integrated services for both natural gas
and natural gas liquids (NGLs).
Navitas also announced plans to
construct a new cryogenic capacity
facility near its existing Spraberry
processing complex to accommodate
Encana and other producers' gas from
Howard, Glasscock, Martin, Midland
and Upton Counties. The new
processing facilities will increase
Navitas' combined processing capacity
in the Midland Basin to approximately
155 million ft
3
/d and will have carbon
dioxide treating and nitrogen rejection
capabilities. Navitas will also be looping
a significant portion of its existing
Spraberry system mainline with a new
20 in. high pressure pipeline.
The project is expected to be
completed early in 2Q17.
Sweden |
New residue hydrocracker plant
P
reem and Beowulf Energy LLC (US)
have signed a cooperation
agreement to examine the possibilities
of a new residue hydrocracker plant in
Lysekil to better meet the demand for
transportation fuels. The purpose of
the cooperation agreement is to
develop the residue hydrocracker
design basis for future investment
decisions, and, in parallel, commence
with the process of obtaining the
necessary permits. The aim is to
upgrade as much of the heavier
fractions (heavy oil) as possible to
sulfur free gasoline and diesel fuel.
One of the driving forces behind
studying this type of project is the
new rules for sulfur content in
bunker fuel, which will reduce the
market for heavy oil. With the help
of a new plant, Preem would expect
to produce up to 90% sulfur-free
fuel from the nearly 2.5 million m
3
/y
of heavy oil produced at the refinery.
Preem is the largest fuel company
in Sweden, with a refining capacity of
more than 18 million m
3
of crude oil
every year.
