23-05-2016
Contract for Cilacap refinery upgrade awarded to Amec Foster Wheeler
PT Pertamina (Persero) and Saudi Aramco have awarded the Engineering and Project Management Services Contract to conduct the Basic Engineering Design (BED) study for their joint Cilacap Refinery upgrade project to Amec Foster Wheeler Energy Limited.
The contract was signed by Mr. Said Al-Hadrami, Vice President of International Operations, Saudi Aramco and Mr. Rachmad Hardadi, Refining Director of PT Pertamina at Pertamina’s Head Office in Jakarta, today.
This follows a Heads of Agreement (HOA) which was signed by Pertamina and Saudi Aramco in November 2015 to formalize the collaboration for the project.
"As the Cilacap refinery upgrade will be implemented jointly by Pertamina and Saudi Aramco, this milestone is considered as a significant achievement towards this joint venture formation. It is essential to have a strategic partner with both technical and financial capability to execute such a large project. Saudi Aramco is an ideal partner," said Rachmad Hardadi.
“Signing this contract for the Cilacap Refinery upgrade project marks a key milestone for Saudi Aramco’s partnership with PT Pertamina. Saudi Aramco takes a long-term view on such investments and partnerships, where we seek projects that will bring mutual benefits to the partners and countries that will last for many decades. We look forward to this venture that enhances Indonesia’s prosperity through greater energy security and strengthens our company’s global energy value chain.” said Said Al-Hadrami.
Amec Foster Wheeler will develop the scope for the proposed upgrade project for the existing refinery located in central Java and will finalize the process configuration and licensors’ packages over the next nine months. The upgrade of the Cilacap Refinery is part of Pertamina’s Refinery Development Master Plan (RDMP), aimed at improving Indonesia’s energy security and involves the expansion and upgrade of its domestic refineries. The overall upgrade project cost for the Cilacap Refinery is estimated to be approximately 4 to 5 Billion USD.
Once the upgrade is completed, the capacity of the Cilacap Refinery's will increase to 370,000 barrels per day. In addition, gasoline and diesel production will be maximized and higher quality base oils will be produced from the refinery, which are targeted to be absorbed domestically. The upgrade will also enhance the petrochemicals capacity of the refinery to exceed more than 600 KTPA of aromatics and 160 KTPA of polypropylene.
The companies are targeting to complete the front end engineering design (FEED) stage in 2018, and kick off the EPC phase in 2019. The project upgrade is targeted for completion by the end of 2022. Mr. Hardadi said that this collaboration is the first step towards other similar partnerships between Pertamina and Saudi Aramco with regard to refineries at for Dumai (in Sumatra) and Balongan (in Java).
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
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
BASF invests in capacity expansion of Basoflux® range of paraffin inhibitors
BASF plans to expand the global production capacity of its Basoflux® range of paraffin inhibitors at its site in Tarragona, Spain. This investment will enable BASF’s ...
07-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024
-
TotalEnergies and Sinopec strengthen cooperation
On the occasion of the state visit to France by the President of the People's Republic of China, TotalEnergies, represented by Patrick Pouyanné, Chairman and CEO, and ...
07-05-2024
-
IPP enters agreement to market ammonia, methanol and melamine plants in Ludwigshafen
BASF and International Process Plants (IPP), a global leader in the acquisition and sale of process plants and equipment, have entered an agreement to market ammonia, ...
06-05-2024