Petrofac signs $1bn EPC deal with PDO
Project Name: Harweel Cluster Development - Phase 2
Project Location: Southern Oman
Client: Petroleum Development Oman (PDO)
Contractor (EPC): Petrofac
Contact Details: Maroun Semaan, President and Chief Executive Officer
Petrofac International
PO Box 23467 Sharjah UAE
Phone: +9716 574 0999
Fax: +9716 574 0099
Email: epc@petrofac.com
URL: www.petrofac.com
Project Details
Petroleum Development Oman (PDO) has awarded international oil and gas facilities service provider Petrofac an RO384.9 million ($1 billion) engineering, procurement and construction (EPC) contract to build the second phase of the Harweel Cluster Development in southern Oman.
The contract will be executed in conjunction with Galfar Engineering & Construction, a leading Omani engineering and construction company.
The project will be executed over three years through Petrofac’s Engineering and Construction (E&C) Division from its base in Sharjah, UAE.
Petrofac is tasked with the project management, detailed engineering, procurement, construction, pre-commissioning, training and support during commissioning of the project.
The project includes the new oil and gas processing station within the Harweel cluster with a gas enrichment/sweetening plant and associated facilities for a capacity of 10,000 cu m per day (cmpd) of oil production.
In addition, there are facilities for five million-cmpd gas injections into the Zalzala oilfield, additional gathering facilities, facilities for gas depletion at the Rabab field, and modifications to the existing Harweel processing station.
The first phase of the Harweel development was completed in the first quarter of 2004 and has already enabled the early production of some 2,000 cmpd of oil. The overall development programme is set to significantly increase Oman’s oil production over the next 10 years.
Shaw wins $900m Sharq contract
Project Name: Sharq Ethylene Plant
Project Location: Jubail
Client: Sharq
Contact Details: Othman Al-Humaidi, General Manager
Eastern Petrochemical Company (Sharq)
PO Box 5101 Riyadh 11422 Saudi Arabia
Phone: +9661 225 8000
Fax: +9661 225 9000
Contractor: Stone & Webster of Shaw Group
Project Details
The Shaw Group’s Stone & Webster unit has recently finalised the contract for the previously announced letter of intent (LoI) with Eastern Petrochemical Company (Sharq), for engineering, procurement, construction, and commissioning (EPCC) of a SR3.3 billion ($900 million) 1.3 million tonnes-per-year ethylene plant in Jubail.
The plant will utilise Stone & Webster ethylene technology. Under the contract, Shaw will also provide EPC services for the facility.
The facility, which is believed to be one of the largest in the world, will enhance Sharq’s leadership position in the petrochemical arena and showcase Shaw’s expertise in downstream ethylene technologies.
Ethylene is an intermediate petroleum product primarily used in the production of other chemicals, particularly plastics, including polyethylene and polypropylene, the world’s most widely used plastic. The plant will provide ethylene for an ethylene-glycol plant and a polyethylene plant at the same location.
The ethylene plant is expected to be completed in the first quarter of 2008.
Sharq is a joint venture equally owned by Saudi Basic Industries Corporation (Sabic) and SPDC Ltd, a Japanese consortium led by the Government of Japan and the Mitsubishi group of companies.
The Shaw Group with revenues over $3 billion is headquartered in Baton Rouge, Louisiana, and employs approximately 18,000 people at its offices and operations in North America, South America, Europe, the Middle East and the Asia-Pacific region.
Plans for RAK petchem complex near
Project Name: RAK Petrochemicals Complex
Project Location: Ras Al Khaimah, UAE
Client: Ittihad Investment Company
Contact Details: Izzat Dajani,
Chief Executive
Investment and Development Office (IDO)
Government of Ras Al Khaimah
PO Box 12222 Ras al-Khaimah
Phone: +9717 227 7888
Fax: +9717 227 7887
Email: info@invest.rak.ae
Project Details
Ras Al-Khaimah (RAK) government is in final negotiations with Iran’s National Petrochemical Company (NPC) to seal a joint venture agreement to build a new petrochemicals complex in the emirate.
The project is planned to be undertaken by a new company known as Ittihad Investment Company, a subsidiary of the newly created RAK Petroleum Company (RPC).
The project will comprise monethylene glycol (MEG), diethylene glycol (DEG) and triethylene glycol (TEC) units.
The complex will receive ethylene feedstock from Iran. It will be delivered by ship from a new ethane cracker at Assaluyeh in Iran.
Stone & Webster Management Consulting Group of Houston is carrying out the pre-front-end engineering and design (Feed) work on the proposed complex.
RPC will be the local shareholder in the complex. It was set up in July with a capital of Dh2 billion ($545 million). It is waiting for approval to launch an initial public offering (IPO) from the Planning and Economy Ministry.
