Middle East
Financing secured for new Egyptian refinery
The Egyptian Refining Co. (ERC) has signed a debt package of $2.6 billion to finance construction of its $3.7 billion second-stage oil refinery in the greater Cairo area of Egypt.
Shaw on board for base oils plant in Abu Dhabi
The Shaw Group Inc. has a contract with Abu Dhabi Oil Refining Co. (Takreer) to provide project management consultancy services during the engineering, procurement and construction phase of a base oils plant at the Ruwais Industrial Complex in Abu Dhabi, UAE.
Flowserve green lit for Saudi Aramco’s Yanbu' project
Flowserve Corp. has received final approval from Saudi Aramco on a master purchase agreement to supply pumps, valves and services for the Yanbu' export refinery project (YERP).
Optimize operating parameters of absorbers/strippers in gas plants
Better recovery definition of C3s and C4s from gas absorber/stripper can lower costs
Increase crude unit capacity through better integration
In revamp projects, better energy integration provides more benefits with less capital investment and lower operating costs
HP Automation Safety: Cyber security certification for automation products and suppliers
The United Steelworkers Union (USW) issued a press release chastising the oil industry for the series of fires and explosions that keep happening at US refineries. USW pointed out that there has been ..
ISA-100.11a certification services launched
The ISA100 Wireless Compliance Institute (WCI) announced the formal launch of ISA-100.11a certification services. With official testing of devices completed in late June 2010, participating suppliers can now offer ISA-100.11a-certified products.
Siemens to work on NGL plant in UAE
Siemens Energy has been awarded a $40 million project in the United Arab Emirates (UAE) to engineer and supply an integrated power solution for a natural gas liquids (NGL) fractionation plant. The customer is a joint venture between Petrofac and GS E&C on behalf of Abu Dhabi Gas Industries Ltd. (GASCO), responsible for the fractionation of natural and associated gas from onshore oil operations in the emirate of Abu Dhabi. Siemens will be the main electrical contractor for GASCO’s Ruwais 4th NGL train, located in the city of Ruwais, UAE. The train is scheduled to go into operation in March 2012.
New pet coke handling company formed
Oiltanking and Dupré Logistics announced the formation of a joint venture company named Oiltanking-Dupré. This new organization, dedicated to serving customers in need of material handling for pet coke, combines the assets of Oiltanking’s worldwide network with Dupré’s experience in dry bulk handling.
New oil spill containment system planned by major oil companies
A plan to build and deploy a rapid response system that will be available to capture and contain oil in the event of a potential future underwater well blowout in the deepwater Gulf of Mexico was announced today by Chevron, ConocoPhillips, ExxonMobil and Shell.
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