Shell-Aramco venture pushes new unit
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Saudi Aramco and Royal Dutch Shell are postponing their hydrotreating unit that produces ultra-low sulphur diesel from their joint-venture refinery for the third time to March or April, due to teething problems, sources said yesterday.
The new unit, also known as a hydro-desulphuriser, which removes
sulphur from diesel, was scheduled to come online before the end of
last month, after two planned start-ups at the end of 2009 and in
October failed to materialise.It is expected to produce 90,000 barrels per day of 10ppm (parts per
million) sulphur diesel, making it the kingdom’s first producer that
complies with new environmental standards.Partnerships likely with Indian firms
Saudi Arabian Oil Co, or Saudi Aramco, could partner Indian state-owned
oil refiners to tap retailing and refining opportunities in the
country, livemint.com reported on Thursday, citing the Saudi ambassador
to India, Faisal H. Trad.“The technical teams from both sides are working hard to bring this to reality,” the website quoted Trad as saying.
The move could mean a joint venture with either a new refinery or a
partnership with refineries “that have an outlet to the distribution
side,” Trad said.Source: Dow Jones
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Saudi Aramco, the world’s biggest oil company, plans to drill 45 to 50 oil exploration wells next year, the company’s vice president for exploration said. “Aramco now is exploring in every corner of the kingdom,” Abdulla al-Naim said in an interview in Doha, Qatar, today.
Saudi Aramco, the world’s largest state-owned oil company, has boosted exploration in the Red Sea, seeking deepwater reserves away from its historical focus in the east of the nation, according to its area exploration manager. “We are at the highest level of exploration operation ever, covering more territory than ever,” Ali
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Output from Qatar’s new Ras Laffan refinery was expected to put pressure on diesel in coming months in the region. Qatar’s 140,000 barrels per day (bpd) Ras Laffan refinery hit commercial capacity in late September. The refinery has capacity to pump 61,000 bpd of naphtha, 52,000 bpd of kerosene jet, 24,000
State oil company Saudi Aramco has brought online the expanded Juaymah and Hawiyah gas plants, sources said. Aramco is focusing on meeting domestic gas demand after completing last year a crude expansion project to boost output capacity to 12.5 million barrels per day. Gas demand in Saudi Arabia is growing
Saudi Aramco and Dow Chemical expect to save around $4 billion on their joint petrochemical complex as slowing economic activity cuts project costs, the Al Hayat newspaper reported Wednesday. The estimated cost of the plant was at least $20 billion before reduction, Al Hayat said. The fall was due the global
Keppel FELS Limited (Keppel FELS) has secured a contract from Aramco Overseas Company B.V., a subsidiary of Saudi Aramco, the world’s largest producer and exporter of crude oil and natural gas liquids, to build a customised KFELS Super B Class jackup rig.
Saudi Arabia’s oil production is still down compared with 2008, having fallen in 2009, state oil company Saudi Aramco’s chief executive was reported as saying. Oil drilling for production has declined, although exploration activities are increasing, Khalid al-Falih was also quoted as saying in the Asharq al-Awsat newspaper. The top
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