A Barrel Fulll Archive

Mar 15, 2023 Houston, Texas, − Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced the Final Investment Decision (FID) for Dover, a planned subsea tieback to the Shell-operated Appomattox production hub in the US Gulf of Mexico (GoM). Dover is expected to start production in late 2024-early 2025 and produce up to 21,000 barrels of oil equivalent per day (boe/d) at peak rates. “Shell is a pioneer in the Norphlet reservoir with Appomattox, and we are building on our leading position in the reservoir with Dover,” said Paul Goodfellow, Shell’s Executive Vice President for Deepwater. “Last year we took FID on Rydberg, another subsea tieback to Appomattox, and Dover gives us an opportunity to add to our base in this prolific basin.” The investment at Dover underscores Shell’s long-term commitment to the US Gulf of Mexico, where production has among the lowest greenhouse gas (GHG) intensity in the world for producing oil. Shell’s Powering Progress strategy to thrive through the...

23 MAY 2019 Royal Dutch Shell plc, through its subsidiary Shell Offshore Inc (Shell) announces today that production has started at the Shell-operated Appomattox floating production system months ahead of schedule, opening a new frontier in the deep-water US Gulf of Mexico. Appomattox, which currently has an expected production of 175,000 barrels of oil equivalent per day (boe/d), is the first commercial discovery now brought into production in the deep-water Gulf of Mexico Norphlet formation. “That Appomattox was safely brought online ahead of schedule and far under budget is a testament to our ongoing commitment to drive down costs through efficiency improvements during execution,” said Andy Brown, Upstream Director, Royal Dutch Shell. “Appomattox creates a core long-term hub for Shell in the Norphlet through which we can tie back several already discovered fields as well as future discoveries.” Appomattox is a story of efficiency through innovation. By way of optimised development ...

02/07/2009 Borouge , a leading provider of innovative, value creating plastics solutions, has awarded a contract worth US$ 1.075 billion to The Linde Group, a world leading gases and engineering company, to build another 1.5 million tonnes per year (t/y) ethane cracker at its production site in Ruwais, Abu Dhabi, United Arab Emirates. "The awarding of this contract confirms Borouge's commitment to the Borouge 3 project, a major expansion of our production facility in Ruwais, which will increase the total capacity of the plant to 4.5 million tonnes of polyolefins annually by the end of 2013," says Abdulaziz Alhajri, CEO of Abu Dhabi Polymers Company (Borouge). "In addition to the ethane cracker, the expansion includes the construction of second generation Borstar® polypropylene and polyethylene units, a low density polyethylene unit and a Butene unit, as well as related off-site utilities and marine facilities." "Nowhere else in the world has a petrochemical...

27/05/2010 Borouge , a joint-venture between the Abu Dhabi National Oil Company (ADNOC), one of the world's major oil companies, and Borealis, a leading provider of chemical and innovative plastics solutions, has awarded three major Engineering, Procurement and Construction (EPC) contracts valued at approximately US$ 2.6 billion for its Borouge 3 expansion project in Ruwais, Abu Dhabi, in the UAE. These significant investments will expand the production capacity of the plant to 4.5 million tonnes per year (t/y) by 2013, making it the largest integrated polyolefins site in the world. A contract worth US$ 1,255 billion for the construction of two Borstar® enhanced polyethylene and two Borstar® enhanced polypropylene units, as well as a contract worth US$ 400 million for the construction of a 350,000 t/y low density polyethylene (LDPE) unit, was awarded to the Joint Venture consortium Tecnimont of Italy and Samsung Engineering of South Korea, on a lump sum turnkey basis. The annual ca...

13/06/2007 Borouge , a leading provider of innovative, value creating plastics solutions, today awarded a contract worth approximately US$300 million for the construction of a new olefins conversion unit (OCU) to Samsung Engineering for Borouge 2, the major expansion project at the company's production facilities in Ruwais, Abu Dhabi in the United Arab Emirates. The unit, which will convert ethylene into propylene to feed two new Borstar® technology polypropylene plants, will be the world's largest using ABB Lummus licensed technology. Total annual output from the OCU will be 752 kilotonnes of propylene plus 39 kilotonnes of butane-1 – totalling 791 kilotonnes. Work on the OCU will begin on June 25, 2007 and is scheduled to be completed by mid-2010. Harri Bucht, Chief Executive Officer of the Borouge production company, commented: "The signing of this contract, along with the other Borouge 2 packages, is testament to the momentum of the Borouge 2 project. This expansion is...

05/02/2007 Borouge , a leading provider of innovative plastics solutions, and a consortium of the Engineering division of The Linde Group and CCC today formally signed a contract worth approximately USD 1.3 billion for the construction of a new Ethylene Cracker, which is considered the largest grass roots gas cracker in the world with a capacity of 1.5 million tonnes per annum. The signing ceremony took place in the presence of the Chancellor of the Federal Republic of Germany, Angela Merkel on her visit to Abu Dhabi, UAE, H.H. Sheikha Lubna Al Qasimi, UAE Minister of Economy and Michael Glos, German Federal Minister of Economics and Technology. The contract was signed by Harri Bucht CEO of Abu Dhabi Polymers (Borouge), Dr Aldo Belloni, Member of the Executive Board of Linde AG and Farid Asfour, Vice President, CCC, and marks the start of a new phase in an already successfully working relationship between Borouge, Linde and CCC. The cracker is the first step in Borouge 2, the major exp...

12/04/2007 Borouge, a leading provider of innovative, value creating plastics solutions, today awarded contracts valued at approximately US$ 3 billion for Borouge 2 , the major expansion project at the company's production facilities in Ruwais, Abu Dhabi in the United Arab Emirates. The two contracts awarded today comprise: A contract worth approximately US$ 1.855 billion for the construction of three new Borstar® technology polyolefins units and associated material handling facilities, laboratory facilities and marine works to Tecnimont S.p.A. of Italy, awarded on a lump sum turnkey basis A contract for an estimated value of US$ 1.234 billion with Tecnicas Reunidas S.A. of Spain, awarded on a convertible lump sum basis to construct the offsite and utility facilities for the expanded plant The contract with Tecnimont S.p.A. Italy will see the development of two Borstar polypropylene plants with a combined annual capacity of 800,000 tonnes and a new Borstar Enhanced PE plant with an...