Page 11 - AfrOil Week 25
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AfrOil                                        INVESTMENT                                               AfrOil



       KBR teams up with Indian firm




       to target downstream contracts






            REGIONAL     TEXAS-BASED KBR, one of the world’s lead-  streams into high-value propylene, ethylene
                         ing engineering, procurement and construction   and aromatics.
                         (EPC) contractors, has teamed up with India’s   “This MoU brings together KBR’s centu-
                         L&T Hydrocarbon Engineering (LTHE) to   ry-long technology expertise and LTHE’s strong
                         bid exclusively for refining and petrochemical   capability as a major EPC player and modular
                         projects.                            solution provider,” KBR’s president for technol-
                           The pair have signed a memorandum of   ogy solutions, Doug Kelly, said in a statement.
                         understanding (MoU) on this co-operation,   “KBR’s innovative and reliable process technol-
                         KBR said on June 19, noting that they would   ogies have been helping refineries and petro-
                         specifically target projects in India, Southeast   chemical plants globally to optimise production
                         Asia, the Middle East and Africa.    and reduce operating costs.”
                           Under the deal’s terms, KBR will license   LTHE is a subsidiary of Indian engineer-
                         proprietary technology and engineering ser-  ing and construction conglomerate Larsen &
                         vices, while LTHE will serve as the EPC services   Toubro.
                         provider. KBR will also provide its solid acid   KBR’s key recent contracts in Africa and the
                         alkylation (K-SAATTM), solvent de-asphalt-  Middle East include an order for project man-
                         ing (Rose) and catalytic olefins (K-COTTM)   agement consultancy services at the Ghasha
                         technology.                          gas development in the UAE, and a deal to plan
                           K-SAATTM offers a high alkylate yield and  upgrades at Nigerian petrochemicals plants. The
                         high feed flexibility, while Rose has more than   latter contract will see KBR partner with Nige-
                         a 90% market share among solvent de-asphalt-  ria’s National Engineering and Technical Co.
                         ing technologies, KBR said. K-COTTM con-  (NETCO) to provide front-end engineering
                         verts low-value olefinic, paraffinic or mixed   design (FEED) work at four greenfield plants. ™



       NNPC to build 200,000 bpd condensate



       plant to complement Dangote refinery






            NIGERIA      NIGERIAN National Petroleum Corp. (NNPC)   to explain; we started this many years ago. For
                         plans to build a new 200,000 barrel per day (bpd)   20 years, all attempts to get the refineries fixed
                         condensate refinery, to maximise value from   failed for many reasons.”
                         Nigeria’s reserves and help the country curb   NNPC’s plan now is to attract partners to
                         its fuel imports, the group’s managing director   finance the repair and upgrade of the refineries.
                         Mele Kyari said on June 12.
                           The plant’s output will complement pro-
                         duction at the 650,000 bpd Dangote refinery,
                         due to start up next year, Kyari said in a virtual
                         conference.
                           Even though it is Africa’s biggest oil producer,
                         Nigeria is heavily reliant on fuel imports because
                         its main refineries operated by NNPC have
                         fallen into disrepair. Most domestic fuel output
                         derives from illegal refineries in the Niger Delta
                         region that process oil siphoned from pipelines.
                           “I know it is a difficult thing to explain why
                         an oil-producing country would become a
                         net importer of petroleum products,” Kyare
                         said. “The reason is very simple: we couldn’t
                         fix our refineries and that is also very difficult   NNPC chief Mele Kyari (Photo: File)



       Week 25   24•June•2020                   www. NEWSBASE .com                                             P11
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