Kuwait considers another new refinery
12 December, 2017 | By WIL CRISP
International engineering consultancies are bidding for a 2030 oil and gas masterplan study in Kuwait, according to an industry source.
The winner of the contract will be responsible for looking at whether the country needs another new refinery.
The study will estimate future domestic hydrocarbons needs as well as how Kuwait might benefit from increasing exports of refined products.
The study will look at which projects can be implemented by 2030 and what the benefits will be.
“Kuwait is keen to launch a new oil refinery project,” says the source. “One of the aspects of this study will be looking at whether this will benefit the country and what kind of refinery will be needed.”
Kuwait already has three giant refinery schemes currently under execution.
Construction work is ongoing on a megaproject to build a $17bn refinery in the Al-Zour region, known as the New Refinery Project.
State-owned Kuwait Integrated Petroleum Industries Company (KIPIC) is the project owner and says the scheme is due to be completed before the end of 2019.
The main engineering, procurement and construction (EPC) deals for the New Refinery Project were awarded in mid-2015, and are all currently under execution.
Kuwait is also currently overhauling and expanding two other refineries as part of its $14bn Clean Fuels Project 2020.
A project consisting of two packages is currently under execution and includes expanding and upgrading the Mina Abdullah refinery.
Another project to expand and upgrade the Mina al-Ahmadi refinery consists of one package and is also under execution.
All three packages were awarded in February 2014 and are expected to be completed in mid-2018.
Project has stalled since Shell pulled out in 2016
Abu Dhabi National Oil Company’s (Adnoc's) $10bn Bab sour gas project is seeing progress, according to the company’s chief economist Kamel Ben ...
The expansion is due to be completed by the fourth quarter of 2019
Brooge Petroleum & Gas Investment Company (BPGIC) is looking to boost capacity for crude and oil products at ...
New downloadable report from MEED, in partnership with Mashreq, brings together a series of case studies on the deployment of technology in oil and gas
The global oil and gas industry is embracing ...
Prevailing energy analysis has focused heavily on US shale oil production and US oil storage, but perhaps at the cost of keeping an eye on the big picture
Since the start ...
Extension is a result of the Covid-19 pandemic
Kuwait has extended the bid deadlines for all oil, gas and chemical tenders that are issued through the Central Agency for Public Tenders ...
The two energy majors will jointly explore opportunities to reduce CO2 emissions, improve energy efficiency, and use renewable energy for oil and gas operations
Abu Dhabi National Oil Company (Adnoc) has ...
Increased spending is needed to avoid future oil shortages, say industry leaders in Abu Dhabi
There is a growing consensus among international oil companies and global energy analysts that peak demand ...
Oil and gas investment to fall by almost a third in 2020
Annual energy investment is set to fall by an historic $400bn in 2020, according to the International Energy Agency’s ...
The fourth Mashreq Energy Club discussed the challenges and investment outlook for natural gas in the Middle East and North Africa
Few regions invest more consistently in the development of hydrocarbons ...
Localisation will create barriers to entry and move the market away from awarding work to lowest priced bidders
Abu Dhabi’s move to introduce the in-country value (ICV) programme into sectors outside ...
Adnoc says its $10bn Bab sour gas project
UAE midstream firm to expand Fujairah storage facility
The risk of US shale hype in global
Kuwait extends oil and gas tenders by three
Adnoc and Total sign decarbonisation agreement
ENERGY CLUB 1: Investing in the future of
Energy investment to fall by $400bn
ENERGY CLUB 4: The outlook for upstream gas
In-country value could positively transform construction in the
12 December, 2017 | .By WIL CRISP