You are currently viewing: News



16-04-2018

Meridian signs Letter of Intent with leading EPC provider

Meridian Energy Group, Inc., the leading developer of innovative and environmentally-compliant oil refining facilities, announced today that it has signed a letter of intent with a leading specialty engineering, procurement and construction solutions provider based in Houston, Texas, to initially complete a front end engineering and design study for the Davis Refinery in Belfield, North Dakota. Additionally, the LOI establishes the terms and conditions under which Meridian would contract with the Contractor for the EPC of the initial phase of the Davis Refinery, the negotiation of which is anticipated to occur during the FEED study.

This LOI represents a major milestone for Meridian and comes at a critical point in time as Meridian prepares to receive the final issuance of the permit to construct (“PTC”) for the Davis Refinery from the North Dakota Department of Health (“NDDoH”) in the coming weeks. The Contractor is the largest specialized infrastructure solutions provider in North America and has met all Meridian criteria for a forward-thinking EPC contractor that understands the significance of the Davis Refinery on the future of the refining industry. Meridian is confident that the Contractor is an ideal EPC partner to carry out and implement the detailed design and engineering of the Davis Refinery and the standard of emission controls the facility will set for the refining industry moving forward.

William Prentice, CEO of Meridian Energy Group said of the LOI, “With our PTC being finalized by NDDoH over the next few weeks, the single most important milestone left for Meridian to achieve was the selection of our EPC partner for the Davis Refinery. The Contractor we have selected to be our EPC partner is exceptionally well-qualified, and fully appreciates how unique and important the Davis Refinery is in defining the future of the refining industry in the United States. Now that this important relationship has been established, Meridian can finalize its project financing arrangements for the Davis Refinery upon award of the final PTC and begin construction shortly thereafter.”

Sponsor : 

Other News Items

Webinar | Intelligently predict and prevent corrosion across your operations

On Tuesday 23rd October, learn how the fight against corrosion never stops - it is a fact of life every day across Oil & Gas, Refining and Pipeline operations, what-if ...

23-10-2018

Seminar | Graham Corporation VacAdemics Seminar in New Delhi

Graham Corporation will be holding their popular VacAdemics Seminar in New Delhi on 26 September 2018, the day after Refining India’s 2018 Conference. About ...

25-09-2018

Successful start-up of methanol plant using MegaMax® 800 catalyst from Clariant

Clariant, a world leader in specialty chemicals, today announced the successful start-up of its MegaMax 800 methanol synthesis catalyst at China National Offshore Oil ...

21-09-2018

Agreement for petrochemical industrial zone in Turkey

Rönesans Holding has signed a framework cooperation agreement with the Netherlands-based Port of Rotterdam for the Ceyhan Mega Petrochemical Industrial Zone in Turkey. Rönesans ...

19-09-2018

Samsung awards Mammoet new contracts for petrochemical sites

Mammoet is pleased to announce two new contracts with Samsung Engineering (Thailand) Co Ltd to provide transport and heavy lift works as part of two petrochemical projects ...

18-09-2018

Metso celebrates its 150th anniversary

In 2018, Metso celebrates its 150th anniversary. The story of Metso started in 1868 as a local ironworks, and is linked to the development of urban environments and the ...

18-09-2018

Graham Corporation awarded three orders

Graham Corporation, a global business that designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries, today ...

18-09-2018

CVR refining announces intent to sell Cushing tank farm assets

CVR Refining, LP, a refiner and marketer of petroleum fuels, today announced that it intends to sell its Cushing, Oklahoma, crude oil tank farm and currently is entertaining ...

17-09-2018

Chart receives brazed aluminum plate fin heat exchanger order from Babcock

Chart has been awarded a contract by Babcock to provide brazed aluminum plate fin heat exchangers (BAHX) for its patent-pending ecoSMRT® LNG reliquefaction system ...

17-09-2018

Wison Engineering and Gazprom Neftekhim Salavat to collaborate

Wison Engineering Services Co. Ltd. recently announced that its indirect wholly-owned subsidiary Wison Engineering Ltd. entered into a memorandum with Gazprom neftekhim ...

17-09-2018