eni, ongc sign cooperation agreement

1
skills and experience in addressing uncertainty to the project. The company will assist in restoring the irrigation facilities to 24 300 hectares along the northeast and south- west coasts in Aceh and in rehabilitating 7000 hectares in the heavily damaged areas on the west coast of Aceh province. In addition, the proj- ect will focus on 2300 hectares in the heavily damaged areas in the Nias Island, North Sumatra province. MARUBENI-LED GROUP AWARDED SAUDI COGEN, DESAL PROJECT A consortium led by Marubeni Corp and includ- ing Japan’s JGC Corp, Itochu Corp and ACWA Power Projects of Saudi Arabia, has successfully con- cluded negotiations with Saudi Arabian Oil Co and Sumitomo Chemical Co Ltd of Japan to develop a fuel oil- fired cogeneration and desalination plant for the Rabigh Refinery and Petrochemical Complex in Saudi Arabia on a build, own, operate and transfer basis. The concession is for an initial term of 25 years. Saudi Aramco and Sumitomo Chemical have joined forces to develop one of the world’s largest integrated refining and petrochemical complexes at the Red Sea town of Rabigh on the west coast of Saudi Arabia. The facility will produce 2.2 million tons of olefins, along with large volumes of gasoline and other refined products, annually. The contract for the engi- neering, procurement and con- struction of the new cogenera- tion and desalination plant went to Mitsubishi Heavy Industries on a full turn-key basis. The newly constructed plant is scheduled to start com- mercial operation in June 2008. PULP & PAPER METSO PULP BLEACHING SYSTEMS FOR JAPAN, SPAIN Metso Paper is to supply high-consistency ozone bleaching systems worth 30 million to Daio Paper Corp in Japan and Sniace Group in Spain. Metso Paper’s ozone tech- nology enables a considerable reduction in both the amount of effluent and fresh water consumption. As well as the main process machinery, Metso Paper will provide engi- neering and site services. In Japan, Metso Paper will upgrade Daio Paper’s Mishima mill’s pulp bleaching process. The mill produces 1600 tons of elemental chlorine-free bleached pulp from hardwood daily for its own integrated paper machines. In addition to the ozone bleaching reactors and auxiliary equipment, Metso Paper will also deliver wash presses for pulp washing and pressing to a consistency required for the bleaching process. Metso Paper will also mod- ify Sniace’s Torrelavega mill’s pulp bleaching system. The mill’s daily production will increase from 180 tons to 240 tons of dissolving sulfite pulp. The existing bleaching will be replaced by a chlorine-free bleaching system. The new process will enable a major part of the effluent to be recovered and used for lignin production. Start-ups of the new bleaching lines are scheduled for April 2006 in Japan and for February 2007 in Spain. CHINA’S HANGZHOU YONGLI LOOKS TO CUT COSTS Kadant Black Clawson Inc has received an order from Hangzhou Yongli Paper Co Ltd, to provide a complete 120 BDMT/D MOW treat- ment system for the compa- ny’s Zhejiang mill in China. Hangzhou Yongli expects the new system to reduce cer- tain costs associated with vir- gin pulp processing. The mill produces approximately 200 000 tons of coated whiteboard per year. OIL & GAS HHI WINS INDONESIAN SUBSEA PIPELINE PROJECT Hyundai Heavy Industries (HHI) has won an US$86 million project from Total Indonesia to build and install a 55km subsea pipeline in the Sisi & Nubi gas field located southeast of Borneo Island by 2007. The turnkey order covers the entire process from engi- neering, procurement and installation to pre-commis- sioning of the subsea pipeline. After completing the project, the field’s produced gas will be transported to an on-land plant. FW AWARDED FEED WORK FOR DELAYED COKING PLANT IN SPAIN BP Oil Refineria de Castellon SA has selected Foster Wheeler USA Corp to supply a process design package for a delayed coking plant based on Foster Wheeler’s Selective Yield Delayed Coking Process for its refinery in Castellon, Spain. The planned facility has a design capacity of 20 000 bar- rels per stream day. The delayed coker plant is sched- uled for completion in the sec- ond quarter of 2008 and is part of BP’s planned reconfiguration of its Castellon refinery to reduce residual fuel oil production. ENI, ONGC SIGN COOPERATION AGREEMENT Italy’s Eni and India’s Oil & Natural Gas Corp (ONGC) are to work together to find new exploration and produc- tion opportunities. Under an agreement signed by both companies, Eni and ONGC will exchange informa- tion on a range of deepwater exploration opportunities in India and in other countries, with a view to exchanging equi- ty interests in selected upstream and midstream projects. The agreement follows Eni’s recent entry into India with the award of two operated exploration blocks. CB&I WINS UAE GAS PROCESSING PROJECT CB&I has been awarded a US$130 million lump-sum turnkey contract to design and build liquefied petrol- eum gas (LPG) storage tanks and a pentane tank for a nat- ural gas processing expan- sion project in Ruwais, Abu Dhabi, United Arab Emirates. The contract is with Snamprogetti SpA, prime EPC contractor for the owner, Abu Dhabi Gas Industries Ltd (GASCO). CB&I will be responsible for the engineer- ing, procurement, fabrication and construction of four 83 600 cubic metre nominal capacity concrete full contain- ment LPG tanks, including foundations and piping to grade. Two tanks will store propane and two will store butane. CB&I will also supply a 76 000 cubic metre nominal capacity atmospheric storage tank for Pentane Plus. Completion of the project is scheduled for mid-2008. September 2005 MARKET PROSPECTS 3 Pump Industry Analyst

Post on 05-Jul-2016

214 views

Category:

Documents


0 download

TRANSCRIPT

skills and experience inaddressing uncertainty to theproject. The company willassist in restoring the irrigationfacilities to 24 300 hectaresalong the northeast and south-west coasts in Aceh and inrehabilitating 7000 hectares inthe heavily damaged areas onthe west coast of Acehprovince. In addition, the proj-ect will focus on 2300 hectaresin the heavily damaged areasin the Nias Island, NorthSumatra province.

MARUBENI-LEDGROUP AWARDED

SAUDI COGEN,DESAL PROJECT

A consortium led byMarubeni Corp and includ-ing Japan’s JGC Corp,Itochu Corp and ACWAPower Projects of SaudiArabia, has successfully con-cluded negotiations withSaudi Arabian Oil Co andSumitomo Chemical Co Ltdof Japan to develop a fuel oil-fired cogeneration anddesalination plant for theRabigh Refinery andPetrochemical Complex inSaudi Arabia on a build,own, operate and transferbasis.

The concession is for an initial term of 25 years. SaudiAramco and SumitomoChemical have joined forces todevelop one of the world’slargest integrated refining andpetrochemical complexes at theRed Sea town of Rabigh on thewest coast of Saudi Arabia. Thefacility will produce 2.2 milliontons of olefins, along with largevolumes of gasoline and otherrefined products, annually.

The contract for the engi-neering, procurement and con-struction of the new cogenera-tion and desalination plant wentto Mitsubishi Heavy Industrieson a full turn-key basis.

The newly constructedplant is scheduled to start com-mercial operation in June2008.

PULP & PAPER

METSO PULPBLEACHING

SYSTEMS FORJAPAN, SPAIN

Metso Paper is to supplyhigh-consistency ozonebleaching systems worth�30 million to Daio PaperCorp in Japan and SniaceGroup in Spain.

Metso Paper’s ozone tech-nology enables a considerablereduction in both the amountof effluent and fresh waterconsumption. As well as themain process machinery,Metso Paper will provide engi-neering and site services.

In Japan, Metso Paper willupgrade Daio Paper’s Mishimamill’s pulp bleaching process.The mill produces 1600 tons of elemental chlorine-freebleached pulp from hardwooddaily for its own integratedpaper machines. In addition tothe ozone bleaching reactorsand auxiliary equipment,Metso Paper will also deliverwash presses for pulp washingand pressing to a consistencyrequired for the bleaching process.

Metso Paper will also mod-ify Sniace’s Torrelavega mill’spulp bleaching system. Themill’s daily production willincrease from 180 tons to 240tons of dissolving sulfite pulp.The existing bleaching will bereplaced by a chlorine-freebleaching system. The newprocess will enable a major partof the effluent to be recoveredand used for lignin production.

Start-ups of the newbleaching lines are scheduledfor April 2006 in Japan and forFebruary 2007 in Spain.

CHINA’SHANGZHOU

YONGLI LOOKSTO CUT COSTS

Kadant Black Clawson Inchas received an order from

Hangzhou Yongli Paper CoLtd, to provide a complete120 BDMT/D MOW treat-ment system for the compa-ny’s Zhejiang mill in China.

Hangzhou Yongli expectsthe new system to reduce cer-tain costs associated with vir-gin pulp processing. The millproduces approximately 200000 tons of coated whiteboardper year.

OIL & GAS

HHI WINSINDONESIAN

SUBSEA PIPELINE PROJECT

Hyundai Heavy Industries(HHI) has won an US$86million project from TotalIndonesia to build and installa 55km subsea pipeline in theSisi & Nubi gas field locatedsoutheast of Borneo Islandby 2007.

The turnkey order coversthe entire process from engi-neering, procurement andinstallation to pre-commis-sioning of the subseapipeline. After completing theproject, the field’s producedgas will be transported to anon-land plant.

FW AWARDEDFEED WORK FOR

DELAYED COKINGPLANT IN SPAIN

BP Oil Refineria de CastellonSA has selected FosterWheeler USA Corp to supplya process design package fora delayed coking plant basedon Foster Wheeler’s SelectiveYield Delayed Coking Processfor its refinery in Castellon,Spain.

The planned facility has adesign capacity of 20 000 bar-rels per stream day. Thedelayed coker plant is sched-uled for completion in the sec-ond quarter of 2008 and is partof BP’s planned reconfiguration

of its Castellon refinery toreduce residual fuel oil production.

ENI, ONGC SIGN COOPERATIONAGREEMENT

Italy’s Eni and India’s Oil &Natural Gas Corp (ONGC)are to work together to findnew exploration and produc-tion opportunities.

Under an agreement signedby both companies, Eni andONGC will exchange informa-tion on a range of deepwaterexploration opportunities inIndia and in other countries,with a view to exchanging equi-ty interests in selected upstreamand midstream projects.

The agreement followsEni’s recent entry into Indiawith the award of two operatedexploration blocks.

CB&I WINS UAEGAS PROCESSING

PROJECTCB&I has been awarded aUS$130 million lump-sumturnkey contract to designand build liquefied petrol-eum gas (LPG) storage tanksand a pentane tank for a nat-ural gas processing expan-sion project in Ruwais, AbuDhabi, United ArabEmirates.

The contract is withSnamprogetti SpA, prime EPCcontractor for the owner, AbuDhabi Gas Industries Ltd(GASCO). CB&I will beresponsible for the engineer-ing, procurement, fabricationand construction of four 83 600 cubic metre nominalcapacity concrete full contain-ment LPG tanks, includingfoundations and piping tograde. Two tanks will storepropane and two will storebutane. CB&I will also supplya 76 000 cubic metre nominalcapacity atmospheric storagetank for Pentane Plus.Completion of the project isscheduled for mid-2008.

September 2005

MA

RK

ET

PR

OS

PE

CT

S

3

Pump Industry Analyst