Soco International Plc of the UK announced that it will delay its oil exploitation plan at Te Giac Trang (White Rhino) field until mid 2011, one year behind schedule. The Financial Times on March 10 quoted Ed Story, Soco’s president and CEO, saying his company has also decided to cancel its plan for exploration at [...]
Check list for Tie-in Schedule and Drawings
March 15, 2009 by Leave a Comment
Check list for Tie-in Schedule and Drawings DRAWING CHECK Are the following aspects correct -Title -Drawing and sheet number -Drawing format -North arrow -Revision number and reason for issue -Presence of all required signatures -Reference drawings ( GA’s, ISO, P&ID, etc…..) -Adequate space available for Hot taps, for installation of Hot tap machine -Tie-in drawing [...]
DESIGN BASIS Check List
March 15, 2009 by Leave a Comment
The following shall be considered in DESIGN BASIS -Approved Scope of Work is provided.-The Scope of Work has been reviewed by PM, PjE and LE.-The Client has provided Design Basis document(s).-The Client has provided Standards Specifications-The Client has provided Data Sheets.-The Client has provided Drawings.-The Client has provided a list of applicable industry standards.-Regulatory requirements [...]
ProEngineer Piping Fittings in Wildfire 3.0
March 14, 2009 by Leave a Comment
How oil refining works
March 14, 2009 by Leave a Comment
Oil is pumped from deep underground and under seas. Once it has been collected, it is transported to a refinery where it is turned into useful products for customers. A barrel of crude oil is 42-gallons. From this, regulations force refineries to turn at least 50 percent into gasoline. Crude oil from each reservoir has [...]
LPG storage and tank truck station built in Dung Quat
March 14, 2009 by Leave a Comment
Nhan Dan Online/VNA – Work started for the construction of a LPG storage and tank truck station in the Dung Quat economic zone’s Eastern Industrial Zone on March 16 with a total initial investment of 226.6 billion VND. The Vietnam Gas Corporation, a subsidiary of the Vietnam Oil and Gas Group (PetroVietnam), is the investor [...]
PetroVietnam in talks to sell Dung Quat refinery stake
February 22, 2009 by Leave a Comment
State oil monopoly PetroVietnam is in talks with a number of foreign oil companies including Royal Dutch Shell, India’s Essar and South Korea’s SK Energy to upgrade and sell part of the country’s first refinery. The Ministry of Planning and Investment-run Dau Tu (Investment) newspaper quoted PetroVietnam chairman Dinh La Thang as saying the group [...]
First products of Dung Quat refinery hit market today
February 22, 2009 by Leave a Comment
The historic first step of Vietnam’s petrochemical industry will be celebrated tonight as the Dung Quat Oil Refinery in the central province of Quang Ngai officially releases its products into the market. The celebration, organized by the Vietnam Oil and Gas Corporation – Petrovietnam – will be aired live on Vietnam Television Station‘s VTV1 channel [...]
Intel to Complete US$1 Bln Chip Plant in Vietnam by End-2009
February 17, 2009 by Leave a Comment
VNBusinessNews – Intel Corp, the world’s biggest chip maker, will complete construction of a USUS$1 billion assembly and test chip plant in Viet Nam at the end of 2009, General Director of Intel Products Viet Nam, Rick Howarth said. Rick Howarth confirmed the news after Intel had recently reshuffled its units in Asia including closing [...]
BP to supply crude oil to Vietnam’s Dung Quat refinery
February 17, 2009 by Leave a Comment
LOS ANGELES, Jan. 14 — BP PLC has signed an agreement with state-run Petrovietnam Oil Corp. and operator Binh Son Refinery Co. to supply oil to Vietnam’s 130,000-b/d Dung Quat refinery starting on Feb. 25. Petrovietnam will negotiate with BP over the purchase of as much as 70,000 b/d of crude, which will gradually replace [...]