John Crane has won a five year contract covering the management of wet seal inventory, technical support and the placement of engineers on site at Shell Jurong Island. This contract is in addition to the five year global Enterprise Framework Agreement (EFA) that the company signed with Shell in 2013.
John Donatiello, Vice President of the Global End User Sales and Service Organisation at John Crane commented: ‘We look forward to partnering with Shell Jurong Island. Our engineers will provide the expertise and service needed to maintain superior performance of seal components critical to their operations’.
Kuwait is to invite bids for a new multi million dollar oil refinery next month as part of a drive to modernize the sector.
Another project costing US$ 1 billion, for the development of heavy oil from northern oilfields will be awarded later in April, according to Kuwait Petroleum Corp. CEO, Nezar al-Adasani.
Indian Oil Corporation (IOC) has ruled out the possibility of setting up a plant in the upcoming petroleum, chemical, petrochemical investment region (PCPIR) project along the Visakhapatnam-Kakinada stretch.
The Nigerian navy destroyed 10 illegal refineries on Tuesday.
31 drums of locally refined automative gas oil (AGO) were also destroyed. One welding machine was recovered during the operation.
The construction of Egypt’s largest oil refinery is expected to begin next week.
The Egyptian Refining Company (ERC) plant, will use fuel oil produced by an old refinery nearby as feedstock to produce 2.3 million tpy of diesel.
It is hoped that the new refinery will help to cut Egyptian dependence on crude oil and petroleum product imports.
The Jebel Ali port intends to boost its annual container ships handling capacity by 27% this year, with the launch of a new terminal to cater for rising demand in petrochemical exports,
The port will open its US$ 850 million third terminal for container ships by July, with the facility becoming fully operational by the end of the year.
Stratus is going to invest its own funds in the Shymkent refinery and its infrastructure, and it should be launched by August 2014.
The company hopes that production of Euro-3 and Euro-4 gasoline will commence this summer. The refinery will also produce diesel, processing up to 375 000 tpy of crude.
Edited from various sources by Emma McAleavey.
Read the article online at: https://www.energyglobal.com/downstream/gas-processing/10042014/downstream_news_364/