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OIL AND GAS NEWS

2020, the year the bottom fell out of the barrel

Nov 17, 2020 9:41 AM

Euro Petroleum Consultants annual Bottom of the Barrel Technology Conference (BBTC Mena) will bring together the industry virtually from December 8 to 10 to discuss the latest developments and the future...

Euro Petroleum Consultants’ annual Bottom of the Barrel Technology Conference (BBTC Mena) will bring together the industry virtually from December 8 to 10 to discuss the latest developments and the future for BOB conversion. 
 
The confencence comes after year 2020 has turned out to be a turbulent one like no other for the downstream industry. Repercussions from the Covid-19 pandemic have been far reaching – and the industry has seen its major impact on fuel demand, projects and investments. 
 
Under the Patronage of Shaikh Mohammed bin Khalifa Al Khalifa, Minister of Oil, and with the support of the National Oil & Gas Authority (Noga) and Bapco as Principal Sponsor, BBTC Mena 2020 will take place alongside the Middle East Catalyst Technology Conference – ME-CAT 2020. 
 
Looking back to the 2019 edition in Bahrain, the most popular topics discussed included the impact of IMO 2020, project implementation and how to stay competitive in the market whilst meeting evolving product demand. Delegates were asked a series of questions such as: 
What are the main drivers for implementing residue upgrading projects?  
The answer was competitive advantage; increased conversion and improved margins accounting for 48%, adapting to the evolving markets, reduced FO production and diversification checked 32%, while new trends such as COTC ticked 16% and others 4%. 
 
How much of an impact will IMO regularly changes have on the refining industry? 
Major and long lasting made 46%, important impact but relatively short 42% and minor impact 12%. 
 
It will be interesting to revisit these questions again this year, to see the evolution but one thing is for sure, the commitment to improving product specifications, increasing conversion, reducing emissions and increasing margins remain of the utmost importance and central to achieving targets and results. 
 
Leading consultancy firm, Nexant, will deliver an overview presentation ‘A Turbulent Year and Long-Term Changes in the Energy Industry’ covering the various different short-term developments in the refining industry throughout 2020, the underlying mega trends and how the Middle East could potentially play a role in the global energy transition. 
 
We will have the chance to hear Bapco on the latest updates on their ‘Bapco Modernisation Project (BMP) and beyond’ which will place Bapco amongst the most competitive, profitable, energy efficient and environment-compliant refiners. 
 
The conference will hear from Saudi Aramco’s Jazan Refinery Complex on the world’s largest Integrated Gasification Combined Cycle (IGCC)and the first of its kind in the Middle East; KIPIC will share their latest ARDS configuration which could be a starting point for newer innovative solutions for future challenges; and SATORP will share a case study on developing delayed coker integrity and availability. 
 
Interactive panel discussions connecting speakers and delegates will be a key feature at the event focused on topics such as IMO 2020 – one year in action and Residue Upgrading in the new industry context. 
 
The conference will listen to leading experts covering technology innovations, the role of research and development and best practices for adapting to new industry from Art Hydroprocessing, Axens, BASF, Chemspeed Technologies, Clg, Eri, Fluor, Gayesco-Wika, Ipco, Kaust Catalysis Centre (KCC), Nexant, Shell & AMG Recycling , Sinopec, Wood and more. 
 
Established 20 years ago, Euro Petroleum Consultants’ BBTC – Bottom of the Barrel Technology Conference Series remains, to this day, the only event focusing on technologies, project trends and equipment innovations relating to residue upgrading in refineries. -- Tradearabia News Service
 

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