MOGAS to supply isolation valves from Hengli petchem complex

MOSCOW (MRC) — MOGAS Industries, Inc. recently received contracts to supply severe service isolation valves to Hengli Petrochemical (Dalian) Refinery Co., Ltd for a new heavy oils construction project on ChangXing Island in Dalian City Liaoning, China, said Hydrocarbonprocessing.

MOGAS will provide Hengli Petrochemical (Dalian) Refinery Co., Ltd, China, a subsidiary of Hengli Group, with over 950 valves that will be used in a variety of severe service applications in the ebullating bed unit including high pressure letdown isolation, catalyst isolation and many high cycle, thermal shock applications. Delivery of these valves is scheduled for early 2018 to meet a very demanding construction schedule.

MOGAS has a track record of over 8,200 installed valves in heavy oil applications over the last 30 yr in 24 active operations around the globe.
MRC

MOSCOW (MRC) — Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the United States, said Hydrocarbonprocessing.

Benchmark Brent crude was up 30 cents at $51.96/bbl by 1345 GMT. US light, sweet crude was also 30 cents higher at USD47.67. "US crude oil stocks have been falling consistently in recent weeks," said Fawad Razaqzada, market analyst at futures brokerage Forex.com.

"If the downtrend in oil inventories is maintained, then a bullish case can be made for oil, especially given the ongoing supply restrictions from OPEC and Russia," he added.

US commercial crude inventories have fallen by almost 13% from their March peaks, to 466.5 MMbbl.

The Organization of the Petroleum Exporting Countries and non-OPEC producers including Russia have pledged to hold back about 1.8 MMbpd of output between January this year and March 2018 in order to tighten supplies and prop up prices.

Oil prices found extra support from news that Libya's Sharara oilfield, the country's largest, shut on Tuesday just hours after reopening following a three-day pipeline blockade.

But oil production elsewhere has been rising. US crude production has broken through 9.5 MMbpd, its highest since July 2015. Some analysts say US oil output growth will slow as energy firms cut the number of rigs drilling for oil.

So far, however, the increase in US production has been relentless with increasing volumes from shale, particularly from the giant Permian basin in Texas and New Mexico.

"With US shale oil production proving more than resilient, the autumn period presents a lot of downside risk to oil prices," Harry Tchilinguirian, chief oil market strategist at French bank BNP Paribas, told Reuters Global Oil Forum.

The weekly rollout of data on US inventories starts later on Tuesday. Industry group the American Petroleum Institute will publish statistics on crude inventories and refinery operations for last week at 4:30 p.m. EDT (2030 GMT).

On Wednesday, it will be the turn of the US government's Energy Information Administration. US crude inventories are expected to have fallen for an eighth straight week and drop by 3.4 MMbbl, a Reuters poll shows.
MRC

MOSCOW (MRC) -- Wak Group and Guangdong Electrical Design Institute (Gedi), have signed an engineering, procurement and construction (EPC) agreement to engineer, design and construct a Falcon Oil refinery at KP Pakistan, said Hydrocarbonprocessing.

The deep conversion oil refinery has a capacity of producing up to 100,000 bpd. The total contract value amounts to approximately USD3.58 B. The project is expected to be completed in 30 months after commencement of work.

The infrastructure development on the site will commence soon and the Falcon Oil project will further strengthen the emerging trade and economic cooperation between the two countries.

The agreement was signed by Waqar Ahmed Khan, chairman of Wak Group and Qiao Xubin, vice president of Gedi
MRC

MOSCOW (MRC) — ExxonMobil Corp said on Monday a fire broke out at its refinery in Rotterdam but that there were no injuries and most of the facility remained operational, said Hydrocarbonprocessing.

The fire erupted in the powerformer unit of the complex and some flaring occurred to reduce pressure, Exxon said, adding it was cooperating with local emergency personnel.

The complex can process about 190,000 bpd and the rest of the refining units and a connected chemical plant were still online, Exxon said.

"We regret the incident and any inconvenience caused to the community," Exxon spokeswoman Ellen Ehmen said in an emailed statement.

The fire came the same day that a blaze broke out at a Royal Dutch Shell refinery in the Netherlands. That fire was quickly contained.

Exxon last year started a USD1 B, 3-yr expansion of the Rotterdam refinery to boost production of lubricants and other chemicals. According to a proposal for the expansion filed with Dutch authorities, hydrocracking capacity at the plant would increase by 40 percent to about 70,000 bpd.

Shares of ExxonMobil were unchanged on the New York Stock Exchange in after-hours trading after closing at USD76.38.
MRC

MOSCOW (MRC) — Honeywell Process Solutions (HPS) announced that its ControlEdge Programmable Logic Controller (PLC) has received ISASecure Embedded Device Security Assurance (EDSA) Level 2 certification by exida, the ISO 17065 accredited certification body who conducted the assessment, said Hydrocarbonprocessing.

The certification recognizes the integrity of both the PLC and its development lifecycle, and includes rigorous communication robustness testing as well as functional and software development security assessments.

ControlEdge PLC is the first PLC to be awarded the ISASecure Level 2 certification, which builds on the Level 1 capabilities by providing additional security features, such as the confidentiality and integrity of data at rest and in motion, detection of unauthorized changes and additional protection against Denial of Service attacks. The ISASecure-compliant controller has advanced features including a secure boot capability to prevent uploading of unauthorized software and a built-in firewall. PLC communication can also be secured using IPSec to prevent man-in-the-middle attacks and unauthorized access.

The ISASecure program has been developed by the ISA Security Compliance Institute (ISCI) based upon the ISA/IEC 62443 series of standards, with a goal to improve cyber security for industrial automation and control systems.

ControlEdge PLC is used in a variety of balance-of-plant control applications, such as water treatment, pump systems, and material handling.

Honeywell’s integrated Distributed Control System (DCS)/PLC approach provides a significant reduction in integration efforts and project costs. This is achieved through seamless integration of a DCS with PLC, Remote Terminal Unit (RTU), HART field device asset management, and HMI panel PC. In addition, ControlEdge PLC provides an Industrial Internet of Things (IIoT)-ready open platform using OPC Unified Architecture (OPC UA) as a communication protocol.
MRC