Archive for May, 2012

Paraxylene

Definition Paraxylene is one of the three DimethylBenzene isomers and therefore belongs to the Aromatics family, so called BTX where X stands for Xylene. Paraxylene is also called P-Xylene or even PX. Paraxylene is a colorless liquid. Comments Paraxylene is obtained by the distillation of camphor with zincchloride. Then Paraxylene can […]

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BP votes for the FEED of $25 billion Shah Deniz Stage 2

Shah Deniz consortium decided to commence Front End Engineering and Design (FEED) Shah Deniz Stage 2, or Full Field Development (FFD), is a giant project that will bring gas from Azerbaijan to Europe and Turkey. This will increase gas supply and energy security to European markets through the opening of […]

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Sabic invests $170 million in Geleen Naphtha Cracker

Jacobs Engineering won the EPCM Services Contract SABIC has awarded a contract to Jacobs Engineering Group to provide engineering, procurement and construction management (EPCM) services to upgrade an Olefins 4 plant at its petrochemical production complex in Geleen, Netherlands. Jacobs said it will carry out the work from its office […]

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Turnaround

Definition Turnaround is a planned shutdown of any plant where a large number of activities, in terms of various of discipline have to be executed in a specified / predefined duration. Comments In the Oil & Gas and Petrochemical industry most of the plants are designed and built to last […]

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$4 billion Reliance Jamnagar Refinery Coke gasification: PMS contract awarded

Fluor wins the Project Management Services Contract Reliance Industries Limited (RIL) is converting a part of the fuel production for export into petrochemical added value products. In that purpose, RIL has awarded a contract to Fluor to provide project management services (PMS) for its refining and petrochemical projects to be executed […]

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Rosneft and Statoil sign for Barents & Okhotsk Seas Exploration

After ExxonMobil and ENI, Rosneft extends its domino strategy to Statoil Rosneft and Statoil signed a cooperation agreement to jointly explore offshore and onshore fields in the Russian sections The cooperation agreement also provides Rosneft with an opportunity to acquire interests in selected Statoil exploration licences and assets in the […]

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Heavy Crude Oil

Definition Heavy crude oil  and extra heavy crude oil is any type of  crude oil which does not flow easily. Physically heavy crude oil have higher viscosity and density or specific gravity with an heavier molecular composition Heavy crude oil has been defined as any liquid petroleum with an API gravity less than 20°. Extra Heavy crude […]

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Braskem & PetroPeru Petrochemical complex on track

Camisea gas for the $3.5 billion Peru Southern Project  Brazilian and Peruvian Governments have approved the Camisea Southern gas pipeline project, the Integrated Petrochemical Complex planned by Braskem and PetroPeru will get the necessary ethane feedstock.  Odebrecht will lead the Brazilian  consortium to build the $5 billion capital expenditure Peru’s Southern Andean Gas Pipeline from the Camisea […]

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Toyo extends its footprint in Brazil with SOG joint venture

Toyo and SOG create TS Participações S.A. Last month MODEC TOYO Offshore Production Systems Pte. Ltd. (MTOPS), a joint company created by Toyo Engineering Corporation (Toyo) and MODEC, Inc. (MODEC) established in Singapore, has been awarded a EPC contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system from Dutch […]

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Henry Hub

Definition The Henry hub is the pricing point for the natural gas future and spot contracts traded on the New York Mercantile Exchange (NYMEX). Physically the Henry hub is located in Erath, Louisiana, USA and belongs to the Sabine Pipeline LLC. Comments Future and spot prices set at Henry hub are denominated in $/mbtu (million of British […]

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