Oil activities - Grupo ACS
Oil activities - Grupo ACS
Oil activities - Grupo ACS
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>ACS</strong> and <strong>Oil</strong> Market<br />
Mateo Rodriguez-Sanchez<br />
1
INDEX<br />
• <strong>Oil</strong> market<br />
• <strong>ACS</strong> in the sector<br />
• Experiencies and Capabilities<br />
• Minatitlan project<br />
• Growth<br />
2
PETROLEO PRICES<br />
• Since 2004, <strong>Oil</strong> prices increase<br />
• Future scenario with upward trend<br />
Fuente: World Energy Outlook 2006<br />
3
PRIMARY DEMAND OF ENERGY<br />
• <strong>Oil</strong> is and will be the primary source of energy<br />
• It implies an increasing necessity to invest in all value chain<br />
45% increase in 20<br />
years<br />
40% increase in 20<br />
years<br />
Fuente: World Energy Outlook 2006<br />
4
GROWTH OF MARGINS<br />
• E&D costs (Exploration and Development) of fields: 7 to 10 $/bl conventional fields<br />
and of 10 - 15 $/bl present fields. .<br />
• Maintenance of oil prices in the range of 70 $/bl (minimum Value)<br />
• Consequences:<br />
• Higher margin in <strong>Oil</strong> to undertake new projects<br />
• Development of now profitable fields<br />
70 – 80 $/bl<br />
• Increase in EPC market<br />
• Increasing margin for Contractors<br />
¡ Increasing<br />
Margin !<br />
20 – 30 $/bl<br />
57usd/bl<br />
Op., Cost<br />
E&D Cost<br />
9usd/bl<br />
Op., Cost<br />
E&D Cost<br />
Past<br />
7 - 10 $/bl<br />
10 - 15 $/bl<br />
Present & Future<br />
5
ACCUMULATE INVERSMENT 2005-2030<br />
• High prices mean an<br />
outstanding increase of<br />
investments<br />
• 175,000 M$/year in <strong>Oil</strong><br />
investments<br />
• Only in Spain: 4 refineries<br />
under development<br />
(investment above 5,000<br />
M€)<br />
122500 M$<br />
$175 000M (In 2005 USD)<br />
$470MM<br />
$175MM<br />
$160MM<br />
$25 MM<br />
26250M$ 26250 M$<br />
Fuente: World Energy Outlook 2006<br />
E&D<br />
Refining<br />
Others<br />
6
Índice<br />
• <strong>Oil</strong> market<br />
• <strong>ACS</strong> in the sector<br />
• Experiences and Capabilities<br />
• Minatitlan Project<br />
• Growth<br />
7
OIL CHAIN OF VALUE<br />
Gas<br />
<strong>Oil</strong><br />
Derivates<br />
Production<br />
Transportation<br />
Refining<br />
Other sources<br />
Petrochemicals<br />
***<br />
Alternative<br />
fuel<br />
8
PETROCHEMICAL: From the factories to<br />
consumers<br />
REFINING<br />
(Paraxileno)<br />
PTA/DMT<br />
PET/CHDM<br />
POLYCARBONATES<br />
BENZENE<br />
PROPYLENE<br />
CUMENE<br />
PHENOL/ACETONE<br />
PROPYLENE<br />
POLYPROPYLENE<br />
BACK<br />
9
PIPELINES<br />
• Sea transportation of oil<br />
CAPTAIN PROJECT,<br />
Texaco, Northern Sea<br />
10
UPSTREAM<br />
• CEPSA. RHOURDE EL KHROUF (ALGERIA)<br />
• Gas, Water and <strong>Oil</strong> Separation plant<br />
• REPSOL: BLOQUE 16 (ECUADOR)<br />
• Extension of <strong>Oil</strong> production<br />
11
REFINERIES<br />
• Spain New Refineries in Bilbao and Cartagena<br />
• Turnkey Projects and Engineering services<br />
• Works for the next 3 years<br />
12
PETROCHEIMICAL<br />
• TA/PTA PLANT INTERQUISA<br />
• Spain and Canada<br />
• Turnkey Contract of PTA plant (raw<br />
material for PET production)<br />
13
DERIVADOS<br />
• DAP Ma’aden( associate to projects of gas and ammonia)<br />
• The biggest DAP plant of the world (3 MM tpd)<br />
• Own Technology (INCRO)<br />
• Located in Al Jubail –<br />
Arabia Saudi<br />
• Turnkey of 550 MM $<br />
14
ALTERNATIVES FUELS<br />
Fuente: World Energy Outlook 2006<br />
• Investments will grow<br />
outstandingly<br />
in<br />
alternative liquid fuel<br />
sources<br />
• <strong>ACS</strong> is also present in<br />
these alternative fuels<br />
• Agro Fuels<br />
• Gas to liquids<br />
• Heavy <strong>Oil</strong>s<br />
15
PHENOL CUMENO<br />
PHASE 1<br />
16
PHENOL CUMENO<br />
PHASE 2<br />
17
UPSTREAM<br />
EPC 78 , PEMEX, MEXICO<br />
18
PETROCHEMICAL<br />
EASTMAN CHEMICAL<br />
San Roque (Cadiz) SPAIN<br />
CHDM (PET additive)<br />
19
PETROCHEMICAL<br />
Basell<br />
Polypropylene Plant<br />
Tarragona, Spain<br />
20
PETROCHEMICAL<br />
Basf S.A<br />
Propylene Storage<br />
tanks<br />
Tarragona, Spain<br />
21
PETROCHEMICAL<br />
Repsol<br />
Benzene Hydrogenation<br />
La Coruña, Spain<br />
22
PETROQUIMICA<br />
General Electric<br />
Cartagena Project,<br />
Spain<br />
23
REFINERIES<br />
CEPSA<br />
San Roque Refinery<br />
Cadiz<br />
24
PIPELINES<br />
• Land Transportation.<br />
Metragaz Pipeline Magreb - Europe<br />
25
Index<br />
• <strong>Oil</strong> Market<br />
• <strong>ACS</strong> in the sector<br />
• Experiences and Capabilities<br />
• Minatitlan Project<br />
• Growth<br />
26
<strong>ACS</strong> CAPABILITIES<br />
Promotion<br />
Engineering<br />
Construction<br />
Operation &<br />
Maintenace<br />
• More than 40 years of experience<br />
• Integral contractor (Engineering, Procurement and<br />
Construction, Operation and Maintenance)<br />
• Excellent positioning in the Turnkey Market<br />
• Project Integral management<br />
• International experience<br />
• Home engineering capabilities of international prestige<br />
• Solid client portfolio - National and international<br />
• Financial strength to develop investments<br />
Extent of services in all Value chain<br />
27
CAPABILITIES FOR EXECUTION OF ALL ACTIVITIES<br />
Basic<br />
Engineering<br />
Detailed<br />
Engeneering<br />
Procurement<br />
Construction<br />
& Start-up<br />
Plant<br />
Completion<br />
E<br />
P<br />
Engineering<br />
Procurement<br />
Contract<br />
Process<br />
Detailed Eng.<br />
Equipments<br />
Materias<br />
HAZOP/Risks<br />
licenses<br />
Procurement<br />
Expedition<br />
Inspection<br />
Logistics<br />
Spare parts<br />
C<br />
Construcción<br />
and Start up<br />
Construction<br />
Supervision<br />
Plant<br />
Completion<br />
Constructibility<br />
Planning and Control Costs<br />
QA/QC<br />
Health, Safety, Environmental<br />
28
MARKET DEMAND<br />
• EPC Contractor (Turnkey)<br />
• Bigger Contracts<br />
• Typical contract rise from 100 MM$ to over 500 MM€<br />
• Restricted to general contractors with high technical<br />
capabilities and financial soundness<br />
• Unprecedented increase in demand<br />
• Less competition<br />
• Ability to select contracts based on a suitable risk analysis<br />
29
CLIENTS<br />
30
INTERNATIONAL PRESENCE<br />
• Europe: Spain, Portugal, Greece<br />
• Latin America: Brazil, Argentina, Peru, Costa Rica, Mexico, Ecuador, Colombia, Chile<br />
• North America: Canada, EEUU<br />
• Africa: Algeria, Tunisia, Morocco, Tanzania, Eritrea, Egypt<br />
• Middle East: Saudi Arabia<br />
• Asia: China, Vietnam<br />
31
Índice<br />
• <strong>Oil</strong> Market<br />
• <strong>ACS</strong> in the sector<br />
• Experiencies and Capabilities<br />
• Minatitlan Project<br />
• Growth<br />
32
More than 400 refineries and Petrochemical Plants<br />
DEISOPENTANIZER<br />
46.000 tpy isopentane<br />
MEROX UNIT<br />
42.000 kg/hr.<br />
PROYECTO MINA<br />
BENZENE REDUCTION<br />
470.000 MT/Y<br />
PLATFORMING RZ-100<br />
450,000 tpy<br />
GASOLINE<br />
ALKYLATION UNIT<br />
160.000 tpy<br />
33
MINATITLAN PROJECT: BEFORE<br />
34
MINATITLAN – PEMEX - MEXICO<br />
• Engineering and Design<br />
• Above 1 Million of hours<br />
• Design in 3D (PDMS)<br />
• Engineering in Madrid, Mexico,<br />
Venezuela<br />
35
MINATITLAN – PEMEX - MEXICO<br />
• Procurement<br />
• Procurement in Mexico, Europe, EEUU and Asia<br />
• 400 Purchase orders<br />
• 750 pieces of process equipment<br />
• 50.000 tons transported via marine and air shipping<br />
• 1600 inspections developed<br />
36
MINATITLAN – PEMEX - MEXICO<br />
• 200,000 m3 of concrete and 8,000 ton of steel structure<br />
37
MINATITLAN – PEMEX - MEXICO<br />
• More than 11,000 Tn of equipments<br />
38
MINATITLAN PROJECT: NOW<br />
39
Index<br />
• <strong>Oil</strong> market<br />
• <strong>ACS</strong> in the sector<br />
• Experiences and Capabilities<br />
• Minatitlan Project<br />
• Growth<br />
40
<strong>ACS</strong>: A constant guarantee of growghing<br />
• <strong>ACS</strong> is in all the oil chain (overlapping cycles)<br />
• <strong>ACS</strong> provides all services from engineering to maintenance<br />
• <strong>ACS</strong> is diversified geographically<br />
• Diversification of clients<br />
60<br />
50<br />
%<br />
40<br />
30<br />
20<br />
Refino<br />
Upstream<br />
Offshore<br />
Total<br />
10<br />
0<br />
2003 2004 2005 2006 2007<br />
41
…………………….and profitable<br />
• High entry barriers<br />
• Technological (experience)<br />
• Client trust<br />
• Financial soundness for Major Projects<br />
• Sustainable Profitability<br />
• Privileged position through presence in all value chain<br />
• New contract schemes<br />
• New technologies and trends<br />
42
<strong>ACS</strong> and <strong>Oil</strong> Market<br />
Mateo Rodriguez-Sanchez<br />
43<br />
>
Change language