12-10-2016
OMV and Borealis will welcome CIS and CEE refining and petchem managers in Vienna
According to the Spotlight on Oil and Gas Mega Projects Report by EY, 64% of the oil & gas mega projects are facing cost overruns, and 73% of the projects are reporting schedule delays.
It is obvious that the industry needs to understand the challenges associated with the delivery of megaprojects, to identify key factors that could result in cost/ time overruns, and to determine how controllable they are. Why is it so crucial? Because companies which develop a reputation for successful and timely delivery of megaprojects will often gain cheaper finance and see an increase in share price. In the times of lower oil prices, it is more timely than ever.
That is why refining and petrochemicals managers from Russia, Central Asia and Eastern Europe are coming to Vienna on 2nd-3rd November for the CIS & CEE Downstream Project Management Conference to share their experience of delivering projects to schedule and ensuring cost optimisation.
Official partners of the conference, OMV and Borealis, will welcome attendees to the Schwechat refinery and Borealis plant during the technical visit, which will take place at the end of the conference. The integrated refinery and petrochemical complex in Schwechat is among the largest and most complex inland refineries and petrochemical plants in Europe.
Among the conference attendees are vice-presidents and project managers of Lukoil, Gazprom Neft, Sibur, Taneco, Bashneft, SOCAR, KazMunayGas and Uzbekneftergaz.
“As the organisers of this event, we have set ourselves the task of providing the perfect platform for sharing experiences and best practices in project management, modernisation and engineering”, says Jivko Gadjourov, CEO of GBC Ltd, the official organizer of the conference.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024