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Deep Processing Unit Commissioned in Pančevo Oil Refinery

18.11.2020 Today, Pančevo Oil Refinery officially commissioned a deep processing unit featuring delayed coking technology – a project worth more than EUR 300 million. The construction of the new production complex in collaboration with the leading shareholders, the Russian company Gazprom Neft and the government of the Republic of Serbia, demonstrates NIS’s continued commitment to modernisation of the Pancevo Refinery and its efforts to improve the quality of work processes, products and services. The ceremony at the Pančevo Oil Refinery was attended by Aleksandar Vučić, President of the Republic of Serbia, Aleksandar Botsan Kharchenko, Ambassador of the Russian Federation to Serbia, Zorana Mihajlović, Deputy Prime Minister and Minister of Mining and Energy of the Republic of Serbia, Alexander Dyukov, Chairman of the Management Board of Gazprom Neft, Kirill Tyurdenev, CEO of NIS, representatives of the Government of Serbia and local self-government units and other officials. The Botto...
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PEC signs USD 102Bn of strategic agreements with blue-chip Energy and Trading partners for feedstock supply and product off-take for the industry pacesetting USD 4.5 Bn Pengerang Energy Complex to be constructed in Johor, Malaysia

3 March 2023, Pengerang Energy Complex Sdn. Bhd. today announced that it has signed key agreements with several blue-chip partners for the upcoming Pengerang Energy Complex (“PEC”) , located within the dedicated Pengerang Integrated Petroleum Complex (PIPC) in Johor, Malaysia. The strategic feedstock supply and product off-take agreement signings with leading energy majors Chevron and Equinor, Thai national oil company PTT, and marquee trading house Mitsui & Co., Ltd. are worth a combined total of USD 102 billion and together will support the full needs of PEC for its initial twelve years of operation. Mr. Alwyn Bowden, CEO of Pengerang Energy Complex Sdn. Bhd., said: “when it enters into operation in late 2026 the PEC Project will deliver the lowest carbon footprint per tonne of Paraxylene produced of any such facility globally, thereby delivering Industry pacesetting benchmarks, and allowing PEC to ‘start with the future’. It is against this background that we are especially plea...
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PEC selects Honeywell UOP Technology for its world-scale Aromatics plant

2nd December 2021 Pengerang Energy Complex Sdn Bhd (PEC) today announced that it has awarded Honeywell UOP a technology licensing contract for its world scale Greenfield Integrated Condensate Splitter & Aromatics Complex located in Johor, Malaysia. PEC will utilize Honeywell UOP’s latest generation LD Parex technology. The LD Parex scheme utilizes toluene as a desorbent in place of an expensive p-deb (heavy desorbent) stream. The light desorbent scheme enables significant simplification in fractionation units which is one of the major drivers in reduction in both CapEx and Opex with emphases on fuel reduction consumption per MT of PX produced. UOP’s latest LD Parex scheme utilizes the best adsorbent system in the market in ADS-50 and uses the most efficient and reliable heat intensification methods in the industry. These advanced technologies will maximise aromatics products, lower capital and energy costs and allow for wider feedstock flexibility, including processing various bl...
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Saipem: three new EPC contracts awarded in Angola for a total amount of around 900 million USD

August 11, 2022 Saipem has been awarded three new contracts (one onshore and two offshore) by the New Gas Consortium composed by two wholly owned subsidiaries of Azule Energy (Eni Angola Exploration B.V. and BP Exploration (Angola) Limited), Sonangol P&P, Chevron, TotalEnergies, for the Engineering, Procurement and Construction (EPC) activities relevant to the Quiluma & Maboqueiro fields development project off the northwest coast of Angola. With an overall value of around 900 million USD, Saipem is taking care of the engineering, procurement and construction, including hook-up and commissioning assistance, of the Quiluma platform and of the relevant onshore natural gas processing plant. This confirms customers’ trust in Saipem for the execution of complex projects both in terms of technology and logistics, carried out in line with local content and with the highest environmental sustainability standards. In particular, this is the first project carried out in Angola relevant t...
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Subsea 7 awarded contract offshore Angola

22 Jan 2021 Subsea 7 today announced the award of a substantial contract by Cabinda Gulf Oil Company Limited (CABGOC). The contract is for the Sanha Lean Gas Connection (SLGC) project comprising the construction and installation of the Lean Gas Platform (LGP) system in Block-0 offshore Angola, at a water depth of approximately 70 metres. Project management and engineering will be performed from Subsea 7’s offices in Paris and Lisbon. Fabrication will take place at Sonamet’s yard in Lobito, Angola from 2021 to 2022, while offshore operations will occur from 2022 and 2023. Gilles Lafaye, Senior Vice President Africa, Middle East and Caspian Region says: “We are delighted to have been awarded this contract by CABGOC, following a public tender. This is the result of a long-term collaboration with the client and a track record of delivering successful projects. The project reinforces Subsea 7’s presence in Angola and our commitment to support Africa’s energy industry”.
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CABGOC starts fabricating South N’dola platform in Cuanza Sul

August 16, 2023 Chevron’s subsidiary in Angola, Cabinda Gulf Oil Company Limited (CABGOC) announced today the commencement of works of the South N’dola wellhead platform fabrication in the province of Cuanza Sul. To celebrate this important project milestone, CABGOC hosted a “first steel cutting” ceremony” at ALGOA’s yard in Porto Amboim, with the attendance of the provincial Governor, Job Capapinha, and the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo. The South N’dola development is a project which will be proudly made in Angola, by Angolans, for Angola. It is an application of a strategy which focuses on developing low cost, short cycle, and minimal scope projects. The field is located in Block 0, 60 km from the Malongo Terminal, in Cabinda. The project consists of a well head platform with 12 production wells and a tie-back to the existing Mafumeira production and processing platform, where fluids will be processed and exported into Block 0’s oil and gas tr...
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Chevron starts production at mafumeira sul offshore Angola

March 8, 2017 Chevron Corporation (NYSE: CVX) announced today that its subsidiary, Cabinda Gulf Oil Company (CABGOC) Limited, has commenced oil and gas production from the main production facility of the Mafumeira Sul project offshore Angola. “This milestone supports our priority of completing major projects and improving free cash flow,” said Jay Johnson, executive vice president, Upstream, Chevron Corporation. “The Mafumeira Sul project generates new production and value for Angola, our partners and the corporation.” Located 15 miles (24 km) offshore Cabinda province in 200 feet (60 m) of water, Mafumeira Sul is the second stage of development of the Mafumeira Field in Block 0. It has a design capacity of 150,000 barrels of liquids and 350 million cubic feet of natural gas per day. Early production from the project commenced in October 2016 through a temporary production system. Ramp-up to full production is expected to continue through 2018. CABGOC is the operator and holds a 39.2...
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