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EOG Asia
Report: Asia solar capacity to triple; five-fold wind capacity addition expected in the next five years - Energy Oil & Gas Asia | Oil & Gas sectors, Petroleum news, Energy newsTaiwan, Philippines, Vietnam, Indonesia and Thailand are major markets with combined solar capacity additions expected to triple in the next five years, while wind capacity additions are expected to grow five-fold in the same period according to Black & Veatch, a US-headquartered firm specialising in building critical human infrastructure in energy, water, telecommunications and government services. The company reported that three of these countries, Taiwan, Philippines and Vietnam, could become the fastest growing markets for renewable energy in the Asian region. “The opportunity for clients, including power producers, is in implementing technologically advanced, cost competitive and bankable engineering, procurement, construction (EPC) solutions. Deploying time and motion studies and drones, for example, has the potential to cut project schedule and cost,” said Mitesh Patel, the new director for Black & Veatch’s renewable energy businesses in Asia, Europe, Middle East and Africa. Patel says the company also sees the deployment of microgrids on the horizon offering utilities and large consumers of power the opportunity to proactively work together to help integrate intermittent renewable energy with fossil-fueled power. This approach will lead to the delivery of a stable and widely accessible power supply that can accelerate energy transformation and universal electrification. Off-grid solutions, like solar [...]
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Air Products to build hydrogen plant in Texas - Energy Oil & Gas Asia | Oil & Gas sectors, Petroleum news, Energy newsUS-based industrial gas company Air Products plans to build a new liquid hydrogen plant at its La Porte, Texas, industrial gas facility to meet increasing product demand from several customer markets.  The liquid hydrogen plant will produce approximately 30 tonnes/day, will draw its hydrogen to be liquefied from Air Products’ existing Gulf Coast hydrogen pipeline system network, and is to be on-stream in 2021. “The investment in this new liquid hydrogen production facility in Texas will assist with meeting current customer demand, as well as capture the increased growth that we see coming from several markets.  Logistically, our La Porte plant has several operational benefits which make the site selection for this new facility a good choice.  We are confident with this additional capacity that we will be able to meet the projected growing liquid hydrogen needs coming from the varied industries in the US for which a reliable source of this product is vitally important to our customers’ manufacturing operations,” said Marie Ffolkes, President, Americas at Air Products. Once liquefied at La Porte, the hydrogen will be delivered in trailers to customers in industries including: electronics, chemical and petrochemical, metals, material handling, float glass, edible fats and oils, and utilities. Air Products also has liquid hydrogen production plants operating [...]
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Oiltanking Singapore builds additional propylene tanks for Shell in Singapore - Energy Oil & Gas Asia | Oil & Gas sectors, Petroleum news, Energy newsOiltanking Singapore Chemical Storage Pte Ltd, a joint venture company between Oiltanking GmbH and Macquarie Infrastructure and Real Assets has tied up with Shell Eastern Petroleum Limited for additional propylene storage. With the existing C3 system at Oiltanking Singapore for Shell, this new addition of two propylene bullet tanks will complement and strengthen the strategic partnership between Shell and Oiltanking Singapore Chemical. Securing this new expansion for propylene, a key feedstock for Jurong Island, Oiltanking Singapore further anchored its position as a key chemical/propylene hub and integrated logistics and service provider for feedstock. With the new additional bullet tanks, the terminal will offer 84 tanks with individual storage capacity ranging from 800 cbm to 18,000 cbm, equivalent to a total storage capacity of 409,000 cbm. Oiltanking GmbH is a subsidiary of Marquard & Bahls, a Hamburg-based company that operates in the fields of energy supply, trading and logistics. Oiltanking is one of the largest independent tank storage providers for petroleum products, chemicals and gases worldwide. The company owns and operates 76 terminals in 25 countries within Europe, North America, Latin America, the Middle East, Africa, India, and the Asia-Pacific region. Oiltanking has an overall storage capacity of 20 million cbm. [...]
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Burckhardt Compression and ExxonMobil collaborate in global lubricants - Energy Oil & Gas Asia | Oil & Gas sectors, Petroleum news, Energy newsBurckhardt Compression and US oil/gas firm ExxonMobil have signed a global lubricants collaboration agreement to help deliver increased productivity, reduced cost and greater value to customers. This collaboration supports new product technology, engineered specifically for the unique performance requirements of reciprocating compressor systems and better meet customers’ needs. Burckhardt Compression has preferentially endorsed this new product technology for use in its equipment. The offer also includes enhanced equipment performance and lifetime, as well as lubrication related services. The companies will provide a full range of equipment and technical lubrication services to help customers who use the new products optimise equipment performance. These services, performed globally by Burckhardt Compression and ExxonMobil’s field engineering teams, include specialised training in products and lubrication best practices, lubricant analysis, equipment troubleshooting and maintenance support. Martin Wendel, President of Services Division at Burckhardt Compression said, “We are looking forward to working closely with ExxonMobil to offer the most suitable solution to our customers. With ExxonMobil, the lubricant expert on board, we are confident we can deliver best-in-class products and technical support for our advanced equipment to help customers achieve their business goals.” “Industrial operators rely on a wide variety of equipment, including high-pressure compressors, in their [...]
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Maire Tecnimont provisionally awarded US$248 mn LPG project by Sonatrach in Algeria - Energy Oil & Gas Asia | Oil & Gas sectors, Petroleum news, Energy newsItalian engineering firm Maire Tecnimont’s main subsidiary Tecnimont has been provisionally awarded by Sonatrach an EPC (Engineering, Procurement and Construction) contract for the execution of the LPG Train 4 – ZCINA Hassi Messaoud project, to be implemented inside the existing ZCINA Facility, located in the Hassi Messaoud area, in central Algeria. The overall Contract value equals to US$248 million, under a multicurrency basis. The contract is under a scheme for Engineering, Procurement and Construction activities. The scope of the project entails the implementation of a new train of 8 MMSm3 (million standard cubic meters) per day capacity of LPG and Condensate extraction from associated gas coming from the existing plants located nearby ZCINA facility outside the battery limits. This project is an extension to the existing ZCINA LPG plant which operations have been started up from June 2013 with three LPG trains, to increase the production of LPG and condensate from the Hassi Messaoud field. LPG or Liquefied Petroleum Gas is a pressurised liquid mixture of propane and butane used as fuel in heating appliances, cooking equipment, and vehicles. The provisional award is expected to be confirmed soon after finalisation of the contract annexes with the client and is subject to the final award notice [...]
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TechnipFMC wins a large contract for Vietnam’s largest olefins plant - Energy Oil & Gas Asia | Oil & Gas sectors, Petroleum news, Energy newsTechnipFMC has been awarded by Long Son Petrochemicals Co., Ltd. (LSP), a large contract for the licensing, engineering, procurement, construction, commissioning and start-up of Vietnam’s first olefins plant on Long Son Island, Ba Ria-Vung Tau province, Vietnam. Designed as a flexible feed cracker, the olefins plant can utilize both naphtha and LPG feeds to produce olefins of up to 1.6 million tons per year depending on the feedstock mix. The olefins will help meet Vietnam’s rising demand for petrochemical products. The plant will also include proprietary licensed units and will be based on TechnipFMC’s proprietary ethylene technology. TechnipFMC is executing the project in a consortium with SK Engineering & Construction Co., Ltd. of South Korea. TechnipFMC is the leader of the consortium and, as a global company, will execute all engineering, as well as the procurement of critical equipment from its operating centers located in Houston, USA, Rome, Italy and Kuala Lumpur, Malaysia. Nello Uccelletti, President of TechnipFMC’s Onshore/Offshore business, commented: “Our reliable proprietary ethylene technology and proven engineering, procurement and construction capabilities were key factors in this important, highly competitive award and confirms our leadership in this market. TechnipFMC will ensure, with SK Engineering & Construction, that this ambitious [...]
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LyondellBasell/Covestro kick-off circular steam project in the Netherlands - Energy Oil & Gas Asia | Oil & Gas sectors, Petroleum news, Energy newsChemical company LyondellBasell and its joint venture partner, polymer maker Covestro, have kicked-off a large investment project at their site in Maasvlakte-Rotterdam, the Netherlands, resulting in an overall reduction of 140,000 tonnes/year CO2 emissions The Circular Steam Project incorporates an innovative technology into the existing production plant to convert its water-based waste into energy, reducing 0.9 Petajoule of energy and avoiding the release of 11 million kg of salt residue into the surface water. The Maasvlakte site, in the port of Rotterdam, is a 50:50 joint venture between the two companies, producing propylene oxide (PO) and styrene monomer (SM), based on the PO/SM technology of LyondellBasell. The project is an important contribution to the Dutch government’s CO2 reduction targets. As part of the project, a new bio plant and incinerator will be built on the Maasvlakte site, in which the production’s waste will be treated in two steps and transformed into steam. The steam will be used as an energy source in the existing on-site production plant, thus making it a circular process. Jean Gadbois, Senior Vice President Manufacturing Europe, Asia and International of LyondellBasell: “The Dutch government’s support is pivotal to the viability of innovative projects like this Circular Steam Project, which [...]
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Maire Tecnimont secures HPCL-Mittal petchem project; deal valued at US$225 mn - Energy Oil & Gas Asia | Oil & Gas sectors, Petroleum news, Energy newsItalian engineering company Maire Tecnimont’s subsidiary Tecnimont, in consortium with its Indian affiliate Tecnimont Private Limited, has been awarded two EPCC (Engineering, Procurement, Construction and Commissioning) contracts by HPCL-Mittal Energy Limited (HMEL), for the implementation of new HDPE and PP units. Once completed, the new HDPE unit will have a capacity of 450,000 tonnes/year, while the new PP unit will have a capacity of 500,000 tonnes/year. The time schedule is 25 months for mechanical completion. The units will be located adjacent to Guru Gobind Singh Refinery at Bathinda, Punjab, in northern India. HMEL is a joint venture formed by Mittal Energy Investments Singapore and Hindustan Petroleum Corporation. The overall value of the EPC Lump Sum contracts is in the range of US$225 million. The projects’ scope entails Engineering, Procurement, Construction and Commissioning activities up to the performance guarantees test run of the monomer purification sections and the polymerisation areas. Pierroberto Folgiero, Maire Tecnimont CEO, commented: “With this important step in India supporting very prestigious clients such as HPCL-Mittal Energy Limited, we confirm our global leadership in polyolefins and consolidate our technology-driven footprint in Asia, a market with a very promising downstream investment cycle thanks to the availability of natural resources and the growing demand for [...]
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