Bapco, Neste in low-sulphur lube deal.(BAHRAIN)

Bahrain Petroleum Company (Bapco) has set up a product manufacturing deal based on the low-sulphur output expected from the $600 million revamp of its Sitra refinery. Bapco and Finnish Neste Oil have signed an agreement by which both companies will work on a $175 million project to design, build, and operate a lubricant manufacturing plant in Bahrain.

The plant would be built within the Sitra refinery, producing 400,000 t/y of sulphur-free, very high viscosity lubricant base oils. The front end engineering design (FEED) is expected to be completed within the next six months by Neste Jacobs. Following final agreement, detailed engineering, procurement and …