The Sinopec Qilu-Shengli Oilfield CCUS project will be China’s maiden megaton-scale CCUS project. Expected to commence operations by the year end, the project will act as an ‘artificial carbon cycle’ model which will assist the country to achieve carbon neutrality by 2060.
Eni has sold the licence and basic engineering project to the Chinese company Sinopec, for the construction of a refining plant based on the Eni Slurry Technology (EST). The plant will be built at the Sinopec refinery in Maoming, in Guandong province.
Sinopec and The Linde Group announced that they have established a $ 160 million joint venture to supply industrial gases to local customers from key industries within the Ningbo Chemical Industrial Zone in China’s Zhejiang province.
A consortium formed by Sinopec Engineering Group, Spanish Técnicas Reunidas, and Korean Hanwha Engineering & Construction have been awarded an EPCC-Turn Key contract for a new refinery project in Al-Zour by Kuwait National Petroleum Company.
Fluor Corporation announced that it has completed a world-scale Isononanol (INA) plant for BASF and China Petroleum & Chemical Corporation (Sinopec) in the Maoming Hi-tech Industrial Development Zone, Maoming, China.