Petrochemical News

Samsung Engineering announced today that it was awarded yesterday a contract for an ethylene unit and its utilities for the Ras Laffan Petrochemicals Project (RLPP) in Qatar. The Letter of Award (LoA) of the petrochemical plant, which will be located in Ras Laffan Industrial City, 80km north of Doha, was received on October 2022. Due to a binding confidentially agreement, the announcement was publicized today. Samsung Engineering will be executing the RLPP Ethylene Project jointly with CTCI as the ‘Samsung Engineering CTCI Joint Venture’ (SCJV). The project is being built by Ras Laffan Petrochemicals (RLP), which is a joint venture consisting of Qatar Energy with a 70% stake and Chevron Phillips Chemical with a 30% stake. QatarEnergy and Chevron Phillips Chemical are building petrochemical projects in Qatar and the United States. Samsung Engineering will be in charge of the major ethylene production facilities with its scope of work including furnaces, C2 hydrogenation, hydrogen purif

Technip Energies (PARIS:TE) (ISIN:NL0014559478) has been awarded a contract(1) for the supply of proprietary cracking furnaces for the 2,000 kta(2) ethane cracker for the Golden Triangle Polymers project , a joint venture between Chevron Phillips Chemical (CPChem) and QatarEnergy, along the Gulf Coast in Orange, Texas. This latest award is in line with our early engagement strategy with CPChem and QatarEnergy, which resulted in the selection of our proprietary ethylene technology and includes the successful completion of the ethylene license and Process Design Package (PDP). The modularized cracking furnaces will feature seven of the largest capacity furnaces that Technip Energies has ever designed. The cracker is designed using modern emissions reduction technology and processes that result in lower greenhouse gas emissions than similar facilities in the United States and Europe. Bhaskar Patel, SVP Sustainable Fuels, Chemicals and Circularity of Technip Energies, commented: “We are ve

Maire Tecnimont S.p.A. announces that a signing ceremony concerning the USD 6 billion world-class integrated polymers complex to be built in Ras Laffan Industrial City was held today in Doha, Qatar. The USD 1.3 billion EPC Lump Sum contract, already announced on December 21st 2022, is part of this complex and has been awarded to Tecnimont by a Joint Venture composed of QatarEnergy and Chevron Phillips Chemical. QatarEnergy (formerly known as Qatar Petroleum) is the state-owned petroleum company of Qatar and one of the largest gas companies in the world. Chevron Phillips Chemical is a leading manufacturer of high-density polyethylene. The project awarded to Tecnimont relates to the implementation of a polyethylene plant which includes two polyethylene units, with a capacity of 1,000,000 and 680,000 tons per year respectively, together with the associated utilities and offsites facilities. The project’s scope of work entails complete engineering services, equipment and material suppl

QatarEnergy announced the Final Investment Decision (FID) with Chevron Phillips Chemical Company LLC (CPChem) to build the Ras Laffan Petrochemicals complex - a $6 billion integrated olefins and polyethylene facility at Ras Laffan Industrial City.   The announcement was made in Doha in a special ceremony during which His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, and Mr. Bruce Chinn, the President and CEO of Chevron Phillips Chemical, signed the agreement for a joint venture company to implement the project, in which QatarEnergy will own a 70% equity share, and CPChem will own a 30% share. The signing ceremony was attended by Mr. Mark Lashier, the President and CEO of Phillips 66, and senior executives from QatarEnergy and CPChem. QatarEnergy also announced the award of the engineering, procurement, and construction (EPC) contract for the ethylene plant to SCJV, a joint venture company between Samsung Engineeri