A Barrel Fulll Archive

27 October 2021 Petrofac announces it has been awarded an Engineering, Procurement and Construction (EPC) contract, valued at around EUR550 million (approx US$640 million), from PC ORLEN Lietuva to support a comprehensive modernisation, environmental upgrade, and expansion programme at its Mažeikiai Refinery in North-West Lithuania. The lump sum contract comprises engineering, procurement, construction, start-up and commissioning services, as ORLEN Lietuva invests to expand the existing refinery complex, raise capabilities, meet the requirements for cleaner fuels and improve operational and carbon efficiency of the plant. The scope of work encompasses mainly greenfield EPC development, with some brownfield modifications, as well as Front End Engineering Design (FEED) of relevant utilities and offsites. The contract includes the addition of a new residue hydrocracking facility and improvement of the existing facility. Project completion is planned by the end of 2024. Elie Lahoud, Chief

8th Dec. 2019 Indian Oil Corporation's (IndianOil) state-of-the-art INDMAX refining technology, with Lummus Technology Inc, USA, as the global licencing partner, has been selected for the Pancevo Refinery through a global tender by M/s. Naftna Industrija Srbije (NIS) of Serbia for production of higher value products. The first ever overseas agreement to licence IndianOil's INDMAX refinery process technology for high propylene production was signed between NIS and Lummus Technology Inc, USA, in the presence of Mr. Sanjiv Singh, Chairman, IndianOil, and Dr. SSV Ramakumar, Director (R&D), at Belgrade, Serbia, this Tuesday. This breakthrough has opened up new vistas for expanding the global footprint of the Make in India product. NIS is one of the largest vertically integrated oil & gas companies in Southeast Europe, with the Russian oil & gas conglomerate, Gazprom Neft (GPN), as its major shareholder. The selection of INDMAX technology was preceded by a rigorous due-

5th May 2022 Uniper has facilitated the charter of two FSRUs managed by Dynagas Ltd. to the German government to diversify and strengthen the security of gas supply to Germany. The FSRUs Transgas Force and Transgas Power, built in 2021, are amongst the most modern, safe and environmentally friendly of their kind with a total natural gas-send-out capacity of up to 7.5 bcm/a and an LNG storage capacity of 174,000 m³ each. The combined capacity is equivalent to approximately 30% of Russian gas imports into Germany. The FSRUs will commence their service early 2023 with first gas send-out depending on the completion of the onshore installations at the sites selected by the German government. Currently, there are 48 FSRUs in operation worldwide. The technology is safe and proven with many years of operational experience. Deployment of FSRUs allows a fast track development of natural gas import facilities. In Europe, similar installations are already in operation in Lithuania, Italy, Croatia