Small Business Resources, Business Advice and Forms from AllBusiness.com
 

SAUDI ARABIA - The Ras Tanura Refinery.

A $1.2 bn upgrade of the Ras Tanura plant on the Gulf coast was mostly completed in April 1999, several months behind schedule. Its capacity was raised from 265,000 b/d to 300,000 b/d. A 44,000 b/d hydrocracker unit was closed in mid-2000, less than two months after it came on stream, and could

not begin work until September 2001. The upgrade represented the first phase. In the second phase, completed in 2004, the plant got 200,000 b/d condensate splitter. The final phase is to raise the plant's capacity to 1m b/d by 2010, making Ras Tanura the world's largest refinery. Saudi Aramco is considering revamping the refinery at a cost of $4-5 bn and adding a petrochemical complex.

Ras Tanura is the oldest of the refineries in Saudi Arabia. It came on stream in 1945 with a capacity of 50,000 b/d. Several units were added in the following decades. After a 1983 decision to modernise the plant, a 265,000 b/d crude oil distillation unit and a 20,000 b/d vacuum unit were installed to replace two ageing 90,000 b/d crude distillation plants and other units (see background in Vol. 61, DT No. 14).

In addition, make sure to read these articles:

  • Conoco, Saudi Aramco Close Deal
  • Companies sign $6 billion refinery agreement.
  • SAUDI ARABIA - The Ras Tanura Refinery.
  • A major $1.2 bn upgrade of the Ras Tanura refinery was completed in late April 1999, several months behind schedule. The refinery's capacity was raised ......
  • SAUDI ARABIA - Oil Refining Sector Is Upgraded...
  • Most of Saudi Aramco's seven oil refineries in the kingdom have been upgraded to produce premium fuels. Some of them are being upgraded further and ......
  • SAUDI ARABIA - The Najd Fields.
  • The Najd reservoirs have lower pressure than first thought. Since 1994, production has been affected by the encroachment of sand into the wells. Underground pumps ......
  • SAUDI ARABIA - The Najd Fields.
  • The Najd reservoirs have lower pressure than first thought. Since 1994, production has been affected by the encroachment of sand into the wells. Underground pumps ......
  • SAUDI ARABIA - Qatif Oil Field.
  • Qatif, a giant field shut down in 1995, is to be reactivated and expanded under a $2 bn project to raise its production capacity from ......
  • The Largest Arab Economies.
  • Saudi Arabia - US$310 bn; UAE - $132 bn; Egypt - $103.5 bn; Algeria - $102.8 bn; Kuwait - $74.6 bn - according to the ......
  • SAUDI ARABIA - The Najd Fields.
  • The Najd reservoirs have lower pressure than first thought. Since 1994, production has been affected by the encroachment of sand into the wells. Underground pumps ......
  • Samsung Gets Ras Tanura Unit.
  • Saudi Aramco has given an SR1.6 bn ($430m) contract to Samsung Engineering and Construction of South Korea to build a diesel hydrotreater in the Ras ......
  • Fujairah's Bunkering Business Is Booming...
  • The bunkering business at the port of Fujairah is doing very well, with bunker prices now close to $200/ton compared to $75/ton earlier in the ......
  • Operation Technology Inc. and GE Enter Software...
  • Business Editors & Energy/High-Tech Writers LAKE FOREST, Calif.--(BUSINESS WIRE)--March 9, 2001 Operation Technology Inc. (OTI) and GE Enter Software LLC (GE Enter Software) have begun ......
  • Zamil wins Saudi gas plant deal.
  • Zamil Steel's Structural Steel Business Unit, the leading fabricator and supplier of structural steel products in the Middle East, has won a 41M Saudi riyal ......
  • Saudi Arabia's $16 Bn Ras Tanura Integrated...
  • Saudi Aramco is evaluating requalification applications submitted on Nov. 8 for the joint front-end engineering and design (FEED), project/construction management services contract on the integrated ......
  • SAUDI ARABIA - Record Saudi Shipments To US.
  • The number of US-bound VLCC bookings by Saudi Aramco's shipping unit, Vela International Marine, on March 25 grew to eight super-tankers. Apart from raising already ......