Bahrain Petroleum Company (BAPCO) receives the bids for the project, providing of Full-Cycle Catalyst Management (FCM) Services for No.1 Residue Hydrocracking Unit (1RHCU).
US based Oil & Gas firm, Advanced Refining Technologies LLC, a joint venture between Chevron and GRACE has submitted the bid.
Advanced Refining Technologies submitted the price of USD 261,215,056.700.
As per the terms of the contract, the successful bidder will provide Full-Cycle Catalyst Management (FCM) Services for No.1 Residue Hydrocracking Unit (1RHCU).
The duration of the servies will be for five (5) years.
One of the key units of the BAPCO Modernization Programme (BMP) is a 1 Residue Hydrocracking Unit (1RHCU) which is powered by technology licensed from Chevron Lummus Global (CLG). The BMP is having a twotrain RHCU with a capacity of 65,000 bpd.
Less than a dozen of these units exists globally, and Bapco’s 1RHCU will be among the largest on the planet. The plot size for 1RHCU is approximately 260m x 260m — that is, equivalent to almost 10 football pitches.
The RHCU will convert 78 per cent of the vacuum resid feed into intermediate products (distillates) which will then be further processed into high margin kerosene and diesel.
BAPCO already signed contract for Resid Hydrocracking Unit (1RHCU) On-Island Catalyst Handling and Logistics Management Services The value of the contract is $ 52.5 million (read more).
***
In order to receive email notifications regarding our updates, please subscribe us.
1 Trackback / Pingback
Comments are closed.