Sitra Refinery expansion preliminary studies completed After multiple scenarios for revamping and expansion, the Minister of Energy in Bahrain, Dr. Abdul Hussain bin Ali Mirza, has announced the completion of the preliminary studies to modernize the Sitra refinery. The plan of the Bahrain Petroleum Company (Bapco) aims to increase energy efficiency and increase production of high value […]
ReadDefinition Brownfield refers to project of expansion or revamping or services on an existing facility By opposition greenfield is the common word to describe a new project. Comments In that respect a brownfield investment covers also the situation where a company or government entity purchases or leases existing production facilities to launch a new production activity. This is one […]
ReadSaudi Aramco and Sumitomo evaluate FEED tenders When Saudi Aramco and Sumitomo had created the joint venture PetroRabigh in 2005, this complex was designed as the biggest integrated refinery and petrochemical complex in the World. With a capacity of 400,000 b/d crude oil PetroRabigh has seen several upgrades and expansions. The Front end engineering and design […]
ReadPetrofac-Schlumberger won 30 years Pemex contract The Pánuco Area in Mexico contains four mature onshore fields operated by the Mexico’s state-run oil company Petróleos Mexicanos (PEMEX). Discovered in the early 1900s with original oil in place of approximately 6.8 billion barrels, the Panuco oil fields have about 1,600 wells of which around 200 are currently producing a total of […]
ReadDefinition Drilling charter refers to the decision of an operator to lease or hire the drilling rigs instead of using its own ones. The service company renting its drilling rig to an operator is called the charterer. Comments In the past each operating company used to have their own drilling rig for oil and gas […]
ReadChevron to award FEED for Rosebank FPSO The Rosebank oil and gas field discovery is located on Blocks 213/26 and 213/27, in the Faroe-Shetland Channel, 130 km northwest of the Shetland Islands in 1,115 m of water depth on the Corona Ridge near the UK border. Rosebank is considered to be one of the biggest discoveries […]
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