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Tag: Saipem

Sulphur Industry News

Following the completion of expansion work on the ultra-sour gas Shah field in May 2023, production has been ramped up. Occidental, which owns 40% of the Shah project and which operates the field in conjunction with ADONC Sour Gas, reported in July that it had achieved record output at Shah, with gross gas sales reaching 722 million scfd in Q2 2023 (equivalent to 1.1 billion scf/d of raw gas, which is 23% H2S and 10% CO 2 ). The expansion has taken processing capacity at Shah to 1.45 billion scf/d and forms part of the UAE’s plans to achieve gas self-sufficiency by the end of the decade. The expansion was conducted by Saipem, who were awarded a $510 million contract in 2021 to expand output from 1.3 billion scf/d to the current 1.45 billion scf/d. Work was completed two months ahead of schedule, according to Occidental.

Nitrogen Industry News

Maire Tecnimont’s innovation and licensing company Stamicarbon has been selected as the licensor for a urea project in sub-Saharan Africa, its first license in the region. Stamicarbon will deliver the process design package for the front-end engineering and design for a 4,000 t/d urea melt and granulation plant. The urea melt plant with a pool reactor will use Stamicarbon’s MP Flash design, a melt concept with improved energy efficiency, entailing a significant reduction of steam consumption. The minimal equipment items result in a significant reduction of the footprint and the overall capital cost of the plant. Less equipment also allows for a reduction in maintenance costs and OPEX savings.

People

Maire Tecnimont has announced the resignation of Pierroberto Folgiero from the positions of Director, Chief Executive Officer and Chief Operating Officer of the Company, effective from May 15, 2022. Interim appointments to senior positions are subject to article 2386 of the Italian Civil Code, with a list drawn up at the time of appointment. However, with designated successor Alessandra Conte unwilling to accept the position, it has passed to Alessandro Bernini, previously Group Chief Financial Officer of the company since 2013, who will now also become the new Chief Executive Officer and Chief Operating Officer of Maire Tecnimont. The company board has also conferred on Bernini executive powers for the management and coordination of the Group's activities. The resolutions will be effective from 15 May 2022. Alessandro Bernini will remain in office, according to the law, until the next shareholders' meeting of the Company.