Iraq and Chevron Phillips signed a Letter of Intent Iraq and Chevron Phillips Chemical Corp, a joint venture of Chevron Corp and ConocoPhillips, signed a letter of intent to perform a project feasibility study of developing a petrochemical plant in the country. The company would examine building a new facility and upgrading an existing Iraq-owned petrochemicals […]
ReadDefinition Greenfield is the common word to describe a new project. By opposition Brownfield refers to project of expansion or revamping or services on an existing facility. Comments Greenfield word is not a quote reserved to the oil and gas and petrochemical industry, but it finds in this sector some fundamental reasons to be used more […]
ReadShell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture, Basra Gas Company (BGC) is state-controlled […]
ReadJacobs collects awards in Saudi Arabia giant projects In May, Jacobs Engineering Group Inc. (Jacobs) had been awarded the Front End Engineering and Design (FEED) for the $6 billion Ma’aden Phosphate city project. Then in June, Jacobs announced to have won the engineering, procurement and construction management (EPCM) contract for three polyethylene trains for the […]
ReadDefinition Phosphorus, in the form of phosphate (a salt of phosphoric acid) is mined from naturally occurring mineral deposits (phosphate rock) that were once sediments at the bottom of ancient seas. Comments Rock phosphate is the raw material used in the manufacture of most commercial phosphate fertilizers. Ground rock phosphate was ounce applied directly to acid soils. Phosphate rock processing consists in the separation […]
ReadMa’aden awards FEED and reconsiders PMC contracts Although the PMC contract for the Ma’aden Phosphate city project was intended to be awarded together with the FEED contract to Jacobs, Ma’aden has decided finaly to separate both contracts. Ma’aden Phosphate Company (MPC) is a joint venture with SABIC in which the Saudi Arabian Mining Company (Ma’aden) owns 70% and SABIC 30%. The Al Khabra Project, […]
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