Oil and gas company news: 28 October 2014

Air Products

Air Products has signed an agreement to supply its proprietary LNG process technology and equipment to Technip for a mid scale LNG project in Fengzhen City, Inner Mongolia Province, China. Air Product’s technology at that location will be key to a liquefaction train producing approximately 300 000 tpy of LNG for Fengzhen Wanjie Gas Co. Ltd. The LNG facility is targeting onstream production for the second half of 2016. Under the agreement Air Products’ single mixed refrigerant process technology, as well as the engineering, design and manufacturing of the heat exchanger equipment for the liquefaction section, will be supplied for the LNG plant. The liquefaction process at this site will use Air Products’ proprietary coil wound main cryogenic heat exchanger technology. The LNG produced will be distributed to the Chinese market to help meet the growing demand for clean energy.

Warren Miller, Business Manager, LNG at Air Products said, ‘with this project, we continue to strengthen our position in the competitive mid scale LNG market. Having won several projects of this size, and as a key technology supplier to Technip, we are happy to be providing our state of the art technology and liquefaction expertise for this location. We expect additional projects of this kind as the demand to make available the natural gas from more mid size undeveloped gas reserves continues to increase.’ Miller also said that as Air Products continues to demonstrate its ability to serve all sizes and spectrums of the LNG market, this project in Inner Mongolia will benefit significantly from the company’s proven LNG project experience around the world.

Fluor

Fluor Corporation, in a joint venture with Technip, has been award a contract to continue to support Sasol with the detailed design, procurement and construction of its world scale ethane cracker and derivatives complex in Westlake, Louisiana. Fluor will book its share of the undisclosed contract value in the fourth quarter of 2014. The new complex will be constructed adjacent to Sasol’s existing facility in southwest Louisiana. Under the contract, the Fluor and Technip joint venture will be responsible for the 1.5 million tpy ethane cracker, downstream derivatives units and associated utilities, offsites and infrastructure works.

On top of the above, Sasol is investing an additional US$ 800 million in infrastructure and utility improvements, as well as land acquisition, to establish the Lake Charles location as an integrated, multi asset site that will enable growth for decades to come. Sasol is well advanced in raising the funds required for construction and will utilise a variety of international US dollar based sources. Site preparation is underway, and the company expects that the facility will achieve beneficial operation in 2018.

Jim Brittain, President, Fluor’s Energy & Chemicals business for the Americas said, ‘Fluor has a long relationship with Sasol spanning five decades and we are pleased to continue supporting its growth in the US market. By leveraging our modular execution and global supply chain expertise, we will deliver capital efficiencies to this landmark petrochemical project in Louisiana.’

David Constable, President and CEO, Sasol Limited said, ‘Sasol’s decision to move forward with this project is a defining moment in our company’s history, and an important milestone in the execution of our growth strategy. Once commissioned, this world scale petrochemicals complex will roughly triple our chemical production capacity in the US, enabling Sasol to further strengthen its position in a growing global chemicals market. The US Gulf Coast’s robust infrastructure for transporting and storing abundant, low cost ethane was a key driver in our decision to invest in America.’

MAN Diesel & Turbo

The new CEO of MAN Diesel & Turbo SE comes from within the company. With effect from January 1 next year, Dr. Uwe Lauber will assume the function as CEO of the globally operating technology company located in Augsburg. The 47 year old had been Head of the Business Unit Oil & Gas before and took over the Executive Board position Global Sales and After Sales on October 1 this year. He joined the company in 2000.

Georg Pachta-Reyhofen, Chairman of the Supervisory Board of MAN Diesel & Turbo said, ‘Dr. Lauber knows the company very well, he embodies technological innovation and uncompromising customer orientation. That is why he is the right one. At the same time he rejuvenates the Executive Board, another signal of decampment for the company which is a jewel in the crown of German engineering.’

Edited from various press releases by Claira Lloyd

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/28102014/oil-gas-company-news-28-oct/