4BUVSEBZ .BSDI Saudi to develop world s largest Crude to … · 2018. 10. 3. · hongkong 0.04968...
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BUSINESS Saturday, March 10, 2018 10 COUNTRY/CURRENCIES SELL BUY Rates are for indication purpose only. For firm rates or for currencies not listed above please call Bahrain Financing Company. Telephone: 17228888, Website: www.bfc.com.bh COUNTRY 1 US DLR 1 UK STG 1 SFR 100 YEN BAHRAIN 0.3770 0.5738 0.4008 0.3576 KUWAIT 0.2855 30.1003 0.3035 0.2708 OMAN 0.3849 0.3621 0.4092 0.3651 QATAR 3.6420 3.4260 3.8716 3.4544 UAE 3.6730 3.4552 3.9045 3.4838 SAUDI 3.7500 3.5276 3.9864 3.5569 AUSTRALIA 0.3011 0.2986 BANGLADESH 0.00472 0.00452 CANADA 0.2977 0.2945 DENMARK 0.0658 EGYPT 0.0237 0.0219 EURO 0.4735 0.4710 HONGKONG 0.04968 0.04928 INDIA 0.00594 0.00584 INDONESIA 0.00002979 0.00002803 IRAN TUMAN 0.00010959 IRAQI DINAR 0.000317 JAPAN 0.00371 0.003640 JORDAN 0.5359 0.5351 KOREA 0.00040248 KUWAIT 1.266 1.263 MALAYSIA 0.0990 0.0987 NEW ZEALAND 0.2780 0.2781 NORWAY 0.0504 NEPAL 0.00395 0.00364 OMAN 0.98168 0.98301 PAKISTAN 0.00354 0.00342 PHILIPPINES 0.00748 0.00726 QATAR 0.10381 0.10404 SAUDI ARABIA 0.1006 0.10066 SINGAPORE 0.2912 0.2892 SOUTH AFRICA 0.03320 0.03320 SRI LANKA 0.00277 0.03310 SWEDISH 0.0489 SWITZERLAND 0.4066 0.4035 SYRIA 0.001740 0.0017 TAIWAN 0.013600 THAILAND 0.012230 0.012220 TURKEY 0.1041 UNITED KINGDOM 0.5310 0.5275 UNITED ARAB EMIRATES 0.102850 0.102870 UNITED STATES OF AMERICA 0.37790 0.37800 YUAN 0.056800 0.056800 Aberdeen/Dubai B ritish energy services provider Wood Group has been selected by Saudi Aramco and SABIC to develop the world’s largest fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia. The deal, according to reports, is for providing front end engineering design (pre- FEED and FEED) and project management services during the engineering, procurement and construction (EPC) phase. The $20 billion complex, according to World Oil, is expected to process 400,000 bpd and approximately nine million tons of chemicals and base oils annually. “We are proud to have been selected to be a contractor with Saudi Aramco and SABIC to deliver this significant greenfield onshore facility that will be a first for Saudi Arabia and among the first in the world to integrate the refinery and chemical process in this way,” Robin Watson, Wood’s chief executive, said. The agreement follows the signing of a Memorandum of Understanding in November 2017 between Saudi Aramco and SABIC to assist in bringing the mega-project to its next stage of development, an Arab News report said. The scope of the contract, reportedly, includes the finalization of the project, selection of technology providers, updating project economics and performing the front-end engineering design. “This offers the Kingdom solid opportunities to produce chemicals as a feedstock as part of Saudi Aramco’s efforts to maximize return on investments in hydrocarbon resources,” President and CEO of Saudi Aramco, Amin H. Nasser told Arab News. “This is an important milestone in a partnership that we are proud of between Saudi Aramco and Sabic, a partnership that is in line with Saudi Aramco’s strategy for business integration, adding value and tackling global growth opportunities in chemicals,” the report quoted him as saying. The project will generate the world’s highest proven yield conversion rate of oil to chemicals in a competitive and sustainable way, Vice Chairman and CEO of SABIC Yousef Al-Benyan told Arab News. The contract is expected to continue through to the start of operations in 2025. Saudi to develop world’s largest Crude to Chemical project Aramco, SABIC and UK’s Wood Group sign deal © GRAPHIC NEWS Source: NASA * Corona = outer layer of atmosphere. Photosphere = visible surface of sun Picture: NASA/Johns Hopkins APL/Steve Gribben Blast your name into outer space! April 27, 2018 is the deadline to submit your name to NASA for inclusion aboard its Parker Solar Probe, set to launch in July-August this year PARKER SOLAR PROBE Will provide new data on solar activity, revolutionising our knowledge of origin and evolution of solar wind 72m Delta IV-Heavy launch vehicle Can lift 25 tonnes into orbit FOUR INSTRUMENTS TO ANSWER TWO QUESTIONS: Why is solar corona so much hotter than photosphere?* How is solar wind accelerated? SWEAP Measures properties abundant in solar wind particles WISPR Photographs corona, inner heliosphere and solar wind Thermal protection system Shields probe with 11.4cm thick carbon composite shade which can withstand 1,377°C ISOIS Observes accelerated electrons, protons and heavy ions FIELDS Measures electric and magnetic fields, waves and more HOW TO PARTICIPATE Visit NASA online: goo.gl/LHrH7Y Submit name and email address to receive pdf certificate (example left) confirming your name will be included in memory card aboard spacecraft William Shatner (Captain Kirk in Star Trek TV show) is pitchman for project Distance from Sun: 6.2m km India’s top court permits passive euthanasia New Delhi I ndividuals have a right to die with dignity, India’s Supreme Court said on Friday in a landmark verdict that permits the removal of life-support systems for the terminally ill or those in incurable comas. Passive euthanasia, as it is called, will apply only to a terminally ill person with no hope of recovery, a panel of five judges said. Active euthanasia, by administering a lethal injection, continues to be illegal in India. When the sanctity of life was destroyed, said a panel of five judges headed by Chief Justice Dipak Misra, “Should we not allow them to cross the door and meet death with dignity? For some, even their death could be a moment of celebration.” The court also permitted individuals to decide against artificial life support, should the need arise, by creating a “living will”. The decision makes it legal for the terminally ill to decide against using life support systems to continue living, and frees the doctors and families of those who slip into incurable comas to halt such measures, in the patients’ best interest. “This is an important, historic decision, which clears the air,” said supreme court lawyer Prashant Bhushan. “Everybody will breathe a sigh of relief, because people were earlier apprehensive that if they withdrew life support, they could be prosecuted for culpable homicide,” he added. (Reuters)
Transcript of 4BUVSEBZ .BSDI Saudi to develop world s largest Crude to … · 2018. 10. 3. · hongkong 0.04968...
BUSINESS Saturday, March 10, 201810
COUNTRY/CURRENCIES SELLBUY
Rates are for indication purpose only. For firm rates or for currencies not listed above please call Bahrain Financing Company. Telephone: 17228888, Website: www.bfc.com.bh
COUNTRY 1 US DLR 1 UK STG 1 SFR 100 YEN
BAHRAIN 0.3770 0.5738 0.4008 0.3576
KUWAIT 0.2855 30.1003 0.3035 0.2708
OMAN 0.3849 0.3621 0.4092 0.3651
QATAR 3.6420 3.4260 3.8716 3.4544
UAE 3.6730 3.4552 3.9045 3.4838
SAUDI 3.7500 3.5276 3.9864 3.5569
AUSTRALIA 0.3011 0.2986BANGLADESH 0.00472 0.00452CANADA 0.2977 0.2945DENMARK 0.0658 EGYPT 0.0237 0.0219EURO 0.4735 0.4710HONGKONG 0.04968 0.04928INDIA 0.00594 0.00584INDONESIA 0.00002979 0.00002803IRAN TUMAN 0.00010959 IRAQI DINAR 0.000317 JAPAN 0.00371 0.003640JORDAN 0.5359 0.5351KOREA 0.00040248 KUWAIT 1.266 1.263MALAYSIA 0.0990 0.0987NEW ZEALAND 0.2780 0.2781NORWAY 0.0504 NEPAL 0.00395 0.00364OMAN 0.98168 0.98301PAKISTAN 0.00354 0.00342PHILIPPINES 0.00748 0.00726QATAR 0.10381 0.10404SAUDI ARABIA 0.1006 0.10066SINGAPORE 0.2912 0.2892SOUTH AFRICA 0.03320 0.03320SRI LANKA 0.00277 0.03310SWEDISH 0.0489 SWITZERLAND 0.4066 0.4035SYRIA 0.001740 0.0017TAIWAN 0.013600 THAILAND 0.012230 0.012220TURKEY 0.1041 UNITED KINGDOM 0.5310 0.5275UNITED ARAB EMIRATES 0.102850 0.102870UNITED STATES OF AMERICA 0.37790 0.37800YUAN 0.056800 0.056800
Aberdeen/Dubai
British energy services provider Wood Group
has been selected by Saudi Aramco and SABIC to develop the world’s largest fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia.
The deal, according to reports, is for providing front end engineering design (pre-FEED and FEED) and project management services during the engineering, procurement and construction (EPC) phase.
The $20 billion complex, according to World Oil, is
expected to process 400,000 bpd and approximately nine million tons of chemicals and base oils annually.
“We are proud to have been selected to be a contractor with Saudi Aramco and SABIC to deliver this significant greenfield onshore facility that will be a first for Saudi Arabia and among the first in the world to integrate the refinery and chemical process in this way,” Robin Watson, Wood’s chief executive, said.
The agreement follows the signing of a Memorandum of Understanding in November 2017 between Saudi Aramco and SABIC to assist in bringing
the mega-project to its next stage of development, an Arab News report said. The scope of the contract, reportedly, includes the finalization of the project, selection of technology providers, updating project economics and performing the front-end engineering design.
“This offers the Kingdom solid opportunities to produce chemicals as a feedstock as part of Saudi Aramco’s efforts to maximize return on investments in hydrocarbon resources,” President and CEO of Saudi Aramco, Amin H. Nasser told Arab News.
“This is an important milestone in a partnership
that we are proud of between Saudi Aramco and Sabic, a partnership that is in line with Saudi Aramco’s strategy for business integration, adding value and tackling global growth opportunities in chemicals,” the report quoted him as saying.
The project will generate the world’s highest proven yield conversion rate of oil to chemicals in a competitive and sustainable way, Vice Chairman and CEO of SABIC Yousef Al-Benyan told Arab News.
The contract is expected to continue through to the start of operations in 2025.
Saudi to develop world’s largest
Crude to Chemicalproject
Aramco, SABIC and UK’s Wood Group sign deal
© GRAPHIC NEWSSource: NASA*Corona = outer layer of atmosphere. Photosphere = visible surface of sunPicture: NASA/Johns Hopkins APL/Steve Gribben
Blast your name into outer space!April 27, 2018 is the deadline to submit your name to NASA for inclusion
aboard its Parker Solar Probe, set to launch in July-August this year
PARKER SOLAR PROBEWill provide new data on solar activity,revolutionising our knowledge of originand evolution of solar wind
72m
Delta IV-Heavylaunch vehicle
Canlift 25tonnesintoorbit FOUR INSTRUMENTS TO ANSWER
TWO QUESTIONS:Why is solar corona so much
hotter than photosphere?*How is solar wind accelerated?
SWEAPMeasures properties abundant in solar wind particles
WISPRPhotographs corona,inner heliosphere and solar wind
Thermal protection systemShields probe with 11.4cm thickcarbon composite shade whichcan withstand 1,377°C
ISOISObservesacceleratedelectrons,protons andheavy ions
FIELDSMeasures electricand magnetic fields,waves and more
HOW TO PARTICIPATEVisit NASA online: goo.gl/LHrH7YSubmit name and email address
to receive pdf certificate (example left)confirming your name will be includedin memory card aboard spacecraftWilliam Shatner (Captain Kirk in StarTrek TV show) is pitchman for project
Distancefrom Sun:6.2m km
India’s top court permits passive euthanasiaNew Delhi
Individuals have a right to die with dignity, India’s
Supreme Court said on Friday in a landmark verdict that permits the removal of life-support systems for the terminally ill or those in incurable comas.
Passive euthanasia, as it is called, will apply only to a terminally ill person with no hope of recovery, a panel of five judges said. Active euthanasia, by administering a lethal injection, continues to be illegal in India.
When the sanctity of life was destroyed, said a panel of five judges headed by Chief Justice Dipak Misra, “Should we not allow them to cross the door and meet death with dignity? For some, even their death could be a moment of celebration.”
The court also permitted individuals to decide against artificial life support, should the need arise, by creating a “living will”.
The decision makes it legal for the terminally ill to decide against using life support systems to continue living, and frees the doctors and families of those who slip into incurable comas to halt such measures, in the patients’ best interest.
“This is an important, historic decision, which clears the air,” said supreme court lawyer Prashant Bhushan.
“Everybody will breathe a sigh of relief, because people were earlier apprehensive that if they withdrew life support, they could be prosecuted for culpable homicide,” he added. (Reuters)
