Petroleum Refining
Elliot Company Secures Contract to Provide Compressor Trains for SATORP Refinery in Jubail
Elliot Company (Jeanette, Pennsylvania), a subsidiary of Ebara Corporation (OTC:EBCOY) (Tokyo, Japan), has been awarded a contract to provide 17 compressor...
Released Wednesday, January 27, 2010
Researched by Industrial Info Resources (Sugar Land, Texas)--Elliot Company (Jeanette, Pennsylvania), a subsidiary of Ebara Corporation (OTC:EBCOY) (Tokyo, Japan), has been awarded a contract to provide 17 compressor trains for the Saudi Aramco Total Refining and Petrochemical Company (SATORP) at the Jubail export refinery complex. SATORP is a joint venture between Saudi Aramco (Dhahran, Saudi Arabia) and French energy company Total SA (NYSE:TOT) (Paris).
Elliot coordinated technical expertise from its offices in the United Kingdom, the U.S. and Japan to develop the proposal for the contract. The 17 compressor trains will comprise a mix of small compressors, large multi-bodied machines, and axial- and single-stage equipment, covering all aspects of the refining process.
The equipment will be built and tested at Elliot's manufacturing facility in Sodegaura, Japan, before shipment and installation at the refinery complex, which will cover a 1,200-acre site in the Eastern Province of Saudi Arabia on the Persian Gulf coast.
Saudi Aramco and Total signed a partnership agreement in June last year to establish the joint venture for the SATORP complex, which is intended to be a world-class refinery complex with the capacity to handle 400,000 barrels per day of Arabian heavy crude oil.
Major contracts were signed in July last year for the refinery, with Technip SA (OTC:TKPPY) (Paris) securing a conversion and interconnecting utilities contract. Petro Steel Company Limited, a 50:50 joint venture between Rotary Engineering Limited (SIN:R07) (Singapore) and Rafid Group (Al Khobar, Saudi Arabia) won the tank-farm contract, and Samsung Engineering Company Limited (SEO:028050) (Seoul, South Korea) won the aromatics plant contract.
The refinery will produce high-value products, including diesel, aviation jet fuel, and gasoline, in addition to various petrochemical products such as propylene, aromatic benzene, and paraxylene. Production is scheduled to start by the end of 2013, with about 50% of the construction scheduled to be completed by the end of 2011.
World demand for high-value refinery products has been growing, and the design of the refinery has been configured to incorporate integration between fuel and petrochemical production, enabling the refinery to switch between various products as dictated by market demands. It will also use state-of-the-art technologies, including deep-conversion technology, which will enable it to produce a high proportion of light products.
Saudi Aramco and Total will jointly market the output from the refinery complex to customers in Asia and Europe, as well as the Middle East.
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