Posted on 06/02/2010 7:55:14 AM PDT by thackney
Foster Wheeler AG (Nasdaq: FWLT) announced today that its Global Engineering and Construction Group has been awarded a feasibility study and front-end engineering design (FEED) contract by the Iraqi Ministry of Oil for a new grassroots refinery at Nassiriya in southern Iraq. The proposed refinery will have a capacity of 300,000 barrels per day.
The Foster Wheeler contract value for this project was not disclosed and will be included in the company's second-quarter 2010 bookings.
In executing this contract, Foster Wheeler will develop the configuration of the new refinery to meet the client's processing objectives, evaluate proprietary technologies, prepare a report covering the feasibility of the project and the design basis of the refinery facilities, engage the selected licensors and prepare the front-end engineering design package for the total project.
"This award reflects our position as a leading refining contractor. We believe that the very balanced and objective approach we apply to refinery investment planning and technology evaluation, our long and successful track record in refining project execution, and the in-depth technical expertise and experience of our refining consultants have again delivered a winning combination," said Umberto della Sala, president and chief operating officer, Foster Wheeler AG.
Ping
One started, three more to go.
For now at least.
Sweet.
Sweet.
Gonna go make a site visit?
Swing by and we'll do chow. :)
I am a little surprised at the size, when one considers how large the refineries are elsewhere in the region.
bump
That is what we should be doing here in the states.
Saudi Arabia’s average size is 250,000 BPD.
Saudi Aramco’s four domestic refineries, at Riyadh, Ras Tanura, Yanbu’ and Jiddah, have a combined capacity of nearly 1 million barrels per day. Adding the company’s two domestic joint-venture refineries, with ExxonMobil in Yanbu’ (SAMREF) and with Shell in Jubail (SASREF), and the company’s share of refining capacity at Petro Rabigh, brings in-Kingdom refining capacity to roughly 1.5 million barrels per day.
I believe the following is correct averaging much smaller:
Iran
Abadan Refinery, 450,000 BPD
Arak Refinery, 150,000 BPD
Tehran Refinery, 225,000 BPD
Isfahan Refinery, 265,000 BPD
Tabriz Refinery, 112,000 BPD
Shiraz Refinery, 40,000 BPD
Lavan Refinery, 20,000 BPD
Bandar Abbas Refinery, 232,000 BPD
Kermanshah refinery, 21,000 BPD
Iraq
Basrah Refinery, 126,000 BPD
Daurah Refinery, 100,000 BPD
Kirkuk Refinery, 27,000 BPD
Baiji Salahedden Refinery, 140,000 BPD
Baiji North Refinery, 150,000 BPD
Khanaqin/Alwand Refinery, 10,500 BPD
Samawah Refinery, 27,000 BPD
Haditha Refinery, 14,000 BPD
Muftiah Refinery, 4,500 BPD
Gaiyarah Refinery, 4,000 BPD
The link shows hiogher numbers plus indicates a lot of plans for greatly increasing capacity.
Whoops, I got only Aramco’s share of a couple joint owned refineries.
From your link:
Existing Aramco Domestic Refining Capacity (’000 bpd)
Refinery Total
Ras Tanura 550
Rabigh 385
Samref (Yanbu) 400
Sasref (Jubail) 305
Yanbu 237
Riyadh 122
Jeddah 85
Total 2,084
Average 347
300k BPD really isn’t out of line. I know Iraq has begun the planning of 4 different refineries. It will be a significant addition for them when all are built.
I know the Motiva expansion in Port Arthur Texas is drawn out and partial on hold. I had friends here working on the expansion that got sent home to the house.
Dang it, I’m messed up, again.
Your article is correct for Motiva.
The original Start Up was planned for 2010. 2012 is the delayed start up. They slowed down engineering and construction but never stopped.
Motiva Celebrates Groundbreaking for Largest Refinery in United States
http://www.motivaenterprises.com/home/Framework?siteId=motiva-en&FC2=/motiva-en/html/iwgen/motiva_media_center/press_releases/2007/zzz_lhn.html&FC3=/motiva-en/html/iwgen/motiva_media_center/press_releases/2007/par_groundbreaking_121007.html
Port Arthur Refinery commemorates major expansion milestone
http://www.motivaenterprises.com/home/Framework?siteId=motiva-en&FC2=/motiva-en/html/iwgen/motiva_media_center/press_releases/2010/zzz_lhn.html&FC3=/motiva-en/html/iwgen/motiva_media_center/press_releases/2010/expansion_news_100210.html
10 Feb 2010
10 Dec 2007
You are right, it is not out of line. 300K BPD is a fair to large sized refinery.
But I wonder what is the intended market for the product from this refinery?
If it is Iraq, then that would represent a reasonable size to build. If it is for the world market, then 300 BPD seems a bit undersized.
The direction the mideast seems to be headed is increasing their refining capacity to deliver finished product to the world market. Testimony to this is the plans (some now on hold) to build much larger refineries.
Most of the bigger are essentially two parallel trains operating somewhat independently.
Brazil has approved two new refineries recently. One is a 300k unit and the other is 600k of two identical trains.
I believe the Iraq will have a combined use of domestic and export, particularly Europe Diesel.
The Brazil units are targeting nearly 100% export. Interestingly the will be designed to produce no Gasoline. They want as much of the crude to go to Europe Grade Diesel. Their refineries will have no FCC unit. Most Naphtha grade material produced from distillation will be feedstock to other units either split to be LGP or feedstock to a hydrogen unit.
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