International Refining Opportunities

The national oil company of an Arab country with substantial crude oil production intends to expand its crude oil refining capacity. IMMC Group, Inc. has been asked to identify one or more North American firms to undertake upgrading four existing and building one new crude oil refinery.

Specifically, IMMC Group, Inc. is seeking:

1. A refining company and/or an EPC contractor to upgrade the four existing refineries; and,
2. An EPC contractor to design and build a new world scale facility.

The national oil company has plans to expand the four smaller facilities from a combined current capacity of approximately 400,000 to a capacity of 900,000 BOPD. These projects are in the very earliest planning stage.

The new refinery will have a nameplate capacity of 100,000 BOPD. These projects have not yet been announced. IMMC Group will make all the arrangements for the companies’ qualification and will act as overall adviser from monitoring the qualification process through negotiations with the national oil company.

In return for investing in and managing the upgrades, a variety of compensation mechanisms are available including equity positions in the four facilities.

The new refinery will be designed and built under a turnkey contract. It will be owned by the national oil company although equity ownership may also be considered.

IMMC Group would welcome contacts from or introductions to senior international business development executives representing petroleum refining companies and Engineering-Procurement-Construction contractors in the US and Canada.

Please contact Jeffrey J. Brown via email jeffreyjbrown@immcgroup.net or by phone (703) 753-5580.