A Barrel Fulll Archive

14 November 2024 SBM Offshore announces that it has been awarded contracts for the GranMorgu field development project located in Block 58 in Suriname by the Operator, TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies. Under these contracts, SBM Offshore will, in partnership with Technip Energies, construct and install a Floating Production, Storage and Offloading vessel (FPSO) . The award follows completion of front-end engineering and design studies, and the final investment decision on the project by the Joint Venture operated by TotalEnergies EP Suriname B.V. SBM Offshore is expected to operate the unit under an operations and maintenance agreement. The GranMorgu project is the first development within Block 58, circa 150 kilometers offshore Suriname. TotalEnergies is the operator holding a 50 percent interest in Block 58, alongside APA Corporation. Staatsolie has announced its intent to exercise its option to enter the development project with up to 20% interest. The ...

November 14, 2024 Technip Energies (PARIS:TE), in partnership with SBM Offshore, has been awarded a major(1) contract by TotalEnergies for the GranMorgu Floating Production, Storage and Offloading vessel (FPSO) in Suriname. Under this contract, the joint-venture between SBM Offshore and Technip Energies will construct and install a Floating Production, Storage and Offloading vessel (FPSO), leveraging Technip Energies’ expertise in engineering and modularization for the topsides and SBM Offshore’s Fast4Ward® hull. Thanks to the joint expertise of the two companies, the project will be designed to minimize greenhouse gas emissions. It will include an all-electric drive FPSO configuration, with zero routine flaring and full reinjection of associated gas into the reservoirs. There will be an optimized power usage with Waste Heat Recovery Units and optimized water cooling for improved efficiency. A permanent methane detection and monitoring system will be installed relying on a network of ...

September 20, 2024 The KTJV joint venture between Technip Energies (PARIS:TE) and KBR has been selected for a major(1) Engineering, Procurement, Fabrication and Construction (EPFC) project by Lake Charles LNG . Subject to Lake Charles LNG making a final investment decision to proceed with this project, this project will convert the existing Lake Charles LNG import and regasification terminal, located in Lake Charles, Louisiana, on the United States Gulf Coast, into an LNG export terminal. When the conversion is complete, the liquefaction terminal will be among the largest LNG terminals in the United States. The award covers a new 16.45 Mtpa(2) LNG export facility, including three 5.5 Mtpa modular LNG trains, brownfield modification to LNG storage, along with procurement, transportation, fabrication, installation, commissioning, and startup of the terminal. Arnaud Pieton, CEO of Technip Energies: “We are very pleased to have been selected for this major Lake Charles LNG contract, which...

October 1, 2024 Technip Energies (PARIS:TE) announces that the Long Son Petrochemicals Co., Ltd. (LSP) olefins plant in Long Son Island, Ba Ria-Vung Tau province, Vietnam, passed its final performance acceptance test. Technip Energies provided licensing, engineering, procurement, construction, commissioning, start-up and initial operation for the 1350 KTA(1) cracker. As Vietnam’s first olefins plant, the flexible feed cracker, can utilize both naphtha and liquified petroleum gas feeds to produce ethylene, propylene, and butadiene (2). The plant successfully started up end 2023 to reach its full capacity shortly after the start-up and pass its first performance test in February 2024. The plant, which broke ground end 2018, includes Technip Energies’ licensed ethylene technology, including Ultra Selective Conversion (USC®) furnaces preferred for high selectivity and low cost, and the Heat-Integrated Rectifier System®, preferred for energy efficient ethylene recovery. Bhaskar Patel, Seni...

June 24, 2019 LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, is expanding its presence in Southeast Asia through its joint venture, HMC Polymers Company Limited (“HMC”), which announced today it will build a fourth Polypropylene production line at its site in Map Ta Phut, Thailand . Constructing the new unit will allow HMC to maintain domestic market share and aims to address the projected five to six percent annual demand growth for polymers in the Southeast Asia Region. The new unit will be the most advanced unit in the world using LyondellBasell’s Spherizone production technology and will have a nameplate annual production capacity of 250 kilotons (kt). “Asia is one of the fastest growing regions in the world, with demand for polymers boosted by expanding populations, increasing individual wealth and urbanization. LyondellBasell’s Spherizone technology will help to address those growth opportunities,” said Jim Seward, Lyondell...

April 01, 2008 LyondellBasell Industries announced today that it has completed the purchase of the Shell oil refinery and associated infrastructure and businesses at the Berre l'Etang petrochemical complex in France. The refinery, with production capacity of 105,000 barrels per day, is adjacent to a LyondellBasell polyolefins complex at Berre that includes a steam cracker, butadiene extraction unit and world-scale polypropylene and polyethylene plants. LyondellBasell also has a polyethylene plant and a site that produces propylene oxide, MTBE and ETBE nearby at Fos-sur-Mer. "The acquisition of the Berre refinery enhances raw material integration for our operations in France and supports our polyolefins business in Europe," said Volker Trautz, CEO of LyondellBasell. "Furthermore, this transaction puts us in a better position to build upon our fuels and chemicals businesses in Europe." LyondellBasell has been the largest customer of the Berre refinery, purchasing...