Technip Awarded Two Major Contracts for the New Jubail Export Refinery in Saudi Arabia
Technip (Paris:TEC - News) (ISIN:FR0000131708) has been awarded two major lump sum turnkey contracts by the Saudi Aramco Total Refining and Petrochemical Company* (SATORP) for two packages which are part of a grassroots refinery to be built at the Jubail industrial area in Saudi Arabia.
This full-conversion refinery will have a processing capacity of 400,000 barrels per stream day of Arabian heavy crude oil. It will maximize production of diesel and jet fuels, and will also produce 700,000 tons per year (t/y) of paraxylene, 140,000 t/y of benzene and 200,000 t/y of polymer-grade propylene.
Technipâ?™s scope for this project covers the engineering, procurement and construction of two contracts:
1. the hydro and catalytic cracking conversion process units,
2. some of the utility units as well as the interconnecting network and process control system of the entire refinery.
These contracts, which are scheduled for completion during the second quarter of 2013, will be jointly executed by Technipâ?™s operating centers in Rome (Italy) and Paris (France), with assistance from the Groupâ?™s organization in the Middle East. They follow Technipâ?™s successful execution of the front-end engineering design for this refinery.
Thierry Pilenko, Chairman and CEO, stated: â?œThese major awards confirm Technipâ?™s leadership in grassroots refineries as well as the technological know-how and project management capabilities of the Group.They illustrate Technipâ?™s willingness to accompany its clients from the earliest stages of such projects.â?
* Saudi Aramco Total Refining and Petrochemical Company (SATORP) is a Saudi Joint Venture Company participated by the Saudi Arabian Oil Company (Saudi Aramco), 62.5%, and Total France, 37.5%.
°
° °
Technip is a world leader in the fields of project management, engineering and construction for the oil & gas industry, offering a comprehensive portfolio of innovative solutions and technologies.
With 23,000 employees around the world, integrated capabilities and proven expertise in underwater infrastructures (Subsea), offshore facilities (Offshore) and large processing units and plants on land (Onshore), Technip is a key contributor to the development of sustainable solutions for the energy challenges of the 21
Source: http://biz.yahoo.com/bw/090710/20090709005902.html?.v=1
About this entry
You’re currently reading “ Technip Awarded Two Major Contracts for the New Jubail Export Refinery in Saudi Arabia,” an entry on Chemical NewsWire
- Published:
- 7.22.09 / 11pm
- Category:
- Benzene
Discussion Points
EXPLANATORY NOTES- CENTRAL EXCISE
GENERAL
Excise duty rate: – There is no change in the mean Cenvat rate of 8% ad valorem. However,
the concessi...
Polyethylene is created through polymerization of ethene. It can be produced through radical polymerization, anionic addition polymerization, ion c...
The circular saw is a vital tool in the woodshop. It is most commonly used for cutting down large wooden or composite panels into more manageable size...FIG. 1 is a functional block diagram of an exemplary embodiment of the RICE 10 of the present invention. A cylinder 11 encloses a piston 12, which s...
It’s been a long time coming, but the U.S. EPA will finally assess the pollution caused by hydraulic fracturing, otherwise known as fracking. I...