You are currently viewing: News



30-10-2019

McDermott Signs MOU with Darwin Clean Fuels

McDermott International Inc, today announced the signing of a Memorandum of Understanding (MOU) with Darwin Clean Fuels Pty Ltd. The MOU is for the feasibility study, technology, front-end engineering design (FEED) and engineering procurement and construction (EPC) for a Clean Fuels Condensate Processing Plant in Darwin, in the Northern Territory, Australia.

"The refinery would leverage our proprietary technologies, including alkylation and sulfur recovery, and is evidence of McDermott's technology-led EPC capabilities," said Ian Prescott, Senior Vice President of Asia Pacific. "Our engineering feasibility studies often serve as the essential underpinning of client decisions about moving forward with major investments."

Condensate is a cleaner fuel; it is a light petroleum liquid that condenses from natural gas, requiring less processing to create quality transport fuels. Australia is a major producer of condensate which is forecast to export 260,000 barrels per1 day by 2020 growing to 305,000 bpd by 2030. Darwin Clean Fuels plans to design, build and operate the condensate plant which has 75 percent lower CO² emissions than crude oil refineries. Australia consumes some 1,000,000 barrels a day of transport fuels and currently imports 600,000 barrels per day to meet its transport fuel needs.
 
"Darwin Clean Fuels looks forward to the next phase of the project with McDermott to move it toward a final investment decision," said Tony Debenham, Darwin Clean Fuels, Managing Director. "The Clean Fuels Condensate Refinery is a great, long-term investment in Australia, creating jobs and contributing to the economy by reducing the reliance on fuel imports. It also creates an opportunity to maximize both the output and use of this great resource by refining condensate onshore in Australia rather than exporting it overseas for processing it into petrochemicals or refinery blendstock, helping to address the long-term fuel security issues that Australia faces."

As part of the initial contract, McDermott will undertake the feasibility study and FEED through to final investment decision. Upon final investment decision, McDermott will be the lead EPC contractor for the refinery. Early phase engineering work will commence immediately and be completed by quarter one in 2020.
Sponsor : 

Other News Items

Honeywell technology to purify hydrogen for Zhejiang satellite C3 Oleflex™ facility

Honeywell today announced that Zhejiang Satellite Petrochemical Co., Ltd. is using a Honeywell UOP Polybed™ pressure swing adsorption (PSA) unit to supply high-purity ...

09-12-2019

Alfa Laval wins petrochemical order

Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply large heat exchangers to a petrochemical plant ...

05-12-2019

LyondellBasell technology selected for polyolefin plant in Turkey

LyondellBasell today announced that Ceyhan Polipropilen Uretim A.Ş, a joint venture between Rönesans Holding and Sonatrach S.p.A., has selected LyondellBasell’s ...

03-12-2019

PKN ORLEN selects Fluor for its Olefins complex expansion project

Fluor Corporation announced today that it was awarded a services agreement by PKN ORLEN to provide project management contractor (PMC+) services for the expansion of ...

03-12-2019

Bunge and BP complete formation of BP Bunge Bioenergia JV

Bunge Limited and BP plc today announced that they have completed the formation of BP Bunge Bioenergia, the Brazilian bioenergy joint venture that combines their Brazilian ...

02-12-2019

McDermott and Chiyoda introduce feed gas to train 2 at Cameron LNG

McDermott International Inc and its joint venture partner, Chiyoda International Corporation, a U.S. based wholly-owned subsidiary of Chiyoda Corporation, Japan, today ...

02-12-2019

Neste Engineering Solutions updates its NAPCON product family

Neste Engineering Solutions has published a new 8.5 version of its NAPCON software. The renewed version has new software features in all NAPCON product categories: Train, ...

02-12-2019

R&D activities in refining technologies presented to the Gazprom Neft board

Gazprom Neft’s strategic objective to 2030 is to become the benchmark in safety, efficiency and technological advancement for other companies ...

29-11-2019

Rotork selected for strategic tank farm automation

Rotork has supplied over 100 actuators, including new actuated valve packages and actuators for the motorisation of existing gate and butterfly valves. In addition to ...

29-11-2019

PTT GC selects Avantium to perform independent catalyst testing evaluation

PTT Global Chemical has selected Avantium Catalysis to perform independent catalyst evaluation of naphtha reforming catalysts and support the catalyst selection for their ...

29-11-2019