Page 16 - DMEA Week 29 2021

DMEA NEWS IN BRIEF DMEA

petrochemical facilities to its refining in-field chemical treatments. Port of Duqm has announced the formal
operations in Port Arthur, Texas, according to On the contract win, Miguel Gonzalez, VP launch of an international competitive tender
people familiar with the matter. of Halliburton (Multi-Chem), said: “We are for the selection of an operator to develop and
The decision to halt the project—which excited to provide our production chemical manage a world-class Container Terminal
had envisioned the creation of the biggest expertise and management services to help planned at the facility.
refining and petrochemical operation in our customer maximize their asset value in An Invitation to Prequalify (ITP) floated by
the U.S.—comes as Aramco dials back its Oman.” Port of Duqm solicits Expressions of Interest
diversification plans and refocuses on its “This collaboration aims to improve from qualified parties, one of whom will go on
core business of pumping oil and natural gas, operational efficiencies and reliability to acquiring a 30-year license to develop and
according to the people. by applying tailored solutions and close operate the first phase of the port’s Container
The Wall Street Journal previously reported alignment between parties,” he stated. Terminal project. Capacity is envisioned at
that Aramco had slowed the petrochemical According to him, Halliburton’s facilities in 1.7 million TEU with additional scope for
project amid a review last year of investments Oman will support the project. expansion in the future, the port noted.
at home and abroad. The review followed “Additionally, we will manufacture key raw Of the commercial berth’s total length
financial pressure from lower oil prices and a materials for the contract’s portfolio at the of 2250 metres, around 1600 metres are
heavy dividend burden that Aramco took on new Halliburton Saudi Chemical Reaction earmarked for two Container Terminals
when it went public in 2019. Plant. Opening at the end of 2021, the facility offering a combined capacity of 3.5 million
The plans could still change and the project increases Halliburton’s capabilities to support TEUs per annum.
could get the green light eventually. But the Oman and the region,” stated Gonzalez. Future capacity additions could potentially
suspension won’t be revisited for at least a The company also expects to hire and boost container handling volumes to over 20
year, the people said. develop local personnel to deliver the million TEUs per year.
The state-run company now plans to contract’s scope of work, he added. Also planned elsewhere along the
invest almost all of its $35 billion capital Halliburton’s global laboratory and commercial berth are a 300-metre-long dry
expenditure budget this year toward boosting team in Dhahran Techno Valley and local bulk terminal with a capacity of about 5
oil and natural-gas production, according manufacturing uniquely position the million metric tons per year, and a 425-metre-
to people familiar with those plans. Aramco company to accelerate the production of next long multipurpose terminal for cargoes
said last year it was working to increase its oil generation specialty chemical solutions while totalling 800,000 metric tons per year.
production capacity by one million barrels a developing local employees and capabilities. This week’s announcement comes as Port
day to 13 million barrels a day. The new Oman plant will have capabilities of Duqm, which anchors one of the biggest
WSJ to manufacture a broad slate of chemicals industrial and economic hubs in the Middle
for stimulation, production, midstream, East, prepares to ramp up commercial
Halliburton wins production and downstream engineered treatment operations ahead of the start-up of a
number of strategic, mega ventures nearing
programmes.
chemicals services HALLIBURTON completion at the adjoining Special Economic
Zone (SEZ).
contract in Oman TERMINALS & SHIPPING refinery (previously known as Duqm
Notable is the multi-billion-dollar OQ8
Halliburton, one of the world’s largest Refinery) of the partnership of OQ Group
providers of products and services to the Oman launches tender for (Oman’s integrated energy group) and Kuwait
energy industry, said it has secured a contract Petroleum International).
to provide production chemicals and new container terminal at Together with elements of the world-
associated services for a large international oil scale Liquid Terminal within the port, the
company in Oman. Duqm Crude Oil Terminal at Ras Markaz, the new
Under the seven-year contract, Halliburton Integrated Power and Water Scheme nearby,
will supply a full suite of customized products Marking a key step in its evolution into a and a string of industrial, logistical and
along with specialised services to support the full-fledged, multipurpose maritime gateway, economic projects, a rapid uptick in activity at

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