HP Boxscore Construction Analysis: Outlook for major revamp projects—Part 1
Worldwide, refiners are investing billions in upgrading and modernization projects. These efforts are focused on:Increasing flexibility to process heavier, sourer crudesImproving energy efficiencyMeet..
Worldwide, refiners are investing billions in upgrading and modernization projects. These efforts are focused on:
Increasing flexibility to process heavier, sourer crudes
Improving energy efficiency
Meeting pending environmental standards and regulations
Increasing yields of higher-value petroleum products.
African refiners are working to further develop and modernize the regions hydrocarbon processing industry. To meet growing domestic demand, Algeria plans to double its refining capacity over the next five years. Algerias state-owned energy company, Sonatrach, will invest $80 billion (B) in oil and natural gas projects to boost refining and petrochemical capacity
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Construction Boxscore: Project Spotlight
Jazan, Saudi Arabia