{"id":20385,"date":"2026-09-08T14:05:50","date_gmt":"2026-09-08T11:05:50","guid":{"rendered":"https:\/\/pompa-vana.com\/petkim-master-plan-moves-to-feed-phase\/"},"modified":"2026-09-08T14:05:50","modified_gmt":"2026-09-08T11:05:50","slug":"petkim-master-plan-moves-to-feed-phase","status":"publish","type":"post","link":"https:\/\/pompa-vana.com\/en\/petkim-master-plan-moves-to-feed-phase\/","title":{"rendered":"Petkim Master Plan moves to FEED phase"},"content":{"rendered":"

SOCAR Turkey has announced that the Pre-FEED process has been completed as part of the Master Plan work covering Petkim’s long-term transformation, and that preparations for the FEED phase have begun. Technical, engineering and economic analyses will be carried out under a Memorandum of Understanding signed with Technip.<\/strong><\/p>\n

The Master Plan work at Petkim, a SOCAR Turkey group company, is entering a new phase. According to the company’s statement, following completion of the preliminary engineering preparation process known as Pre-FEED, preparations have begun to launch FEED, or Front-End Engineering Design, work.<\/p>\n

In this context, SOCAR Turkey and global engineering company Technip have signed a Memorandum of Understanding (MoU) aimed at establishing the technical and commercial basis for investments at Petkim that may come onto the agenda in the future.<\/p>\n

The agreement covers technical assessments and economic analyses as well as engineering work.<\/p>\n

FEED process planned to start in the third quarter of 2026<\/h2>\n

The FEED work to be carried out under the Petkim Master Plan is planned to start in the third quarter of 2026.<\/p>\n

In the FEED process, one of the key engineering stages before a final investment decision in large-scale industrial investments, technical design alternatives, engineering solutions, technology selection, investment cost estimates, implementation planning and economic feasibility will be assessed.<\/p>\n

The technical and economic data obtained from this work is expected to form the basis for investment decisions that may be considered in the future within the framework of the Petkim Master Plan.<\/p>\n

The FEED phase does not in itself mean an investment decision. The process will set out the technical feasibility, cost structure and economic viability of potential projects in greater detail.<\/p>\n

Modernisation of Petkim’s production infrastructure targeted<\/h2>\n

With the Master Plan announced by SOCAR Turkey, the aim is to support the long-term sustainability of Petkim’s existing production infrastructure, modernise production technologies and strengthen refinery-petrochemical integration.<\/p>\n

The work is also expected to provide a technical framework for assessing how well Petkim’s production structure fits future market and technology conditions.<\/p>\n

For Petkim, one of the key elements of Turkey’s integrated petrochemical production infrastructure, the FEED process will allow alternatives for the future structure of the existing plants to be assessed in more detail from an engineering and economic perspective.<\/p>\n

Once the work with Technip is completed, the results will provide technical and commercial data for potential projects and final investment decisions that SOCAR Turkey will evaluate under the Petkim Master Plan.<\/p>\n","protected":false},"excerpt":{"rendered":"

SOCAR Turkey has completed the Pre-FEED process for the Petkim Master Plan and started preparations for the FEED phase; technical, engineering and economic analyses will be carried out under a memorandum of understanding signed with Technip.<\/p>\n","protected":false},"author":55,"featured_media":19746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wpai_generated_summary":"","footnotes":"","_ms_company":[]},"categories":[7708,7740,7719,7725],"tags":[],"class_list":["post-20385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chemicals","category-industry-news","category-oil-gas-and-petrochemicals","category-refinery-and-petrochemicals"],"_links":{"self":[{"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/posts\/20385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/comments?post=20385"}],"version-history":[{"count":0,"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/posts\/20385\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/media\/19746"}],"wp:attachment":[{"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/media?parent=20385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/categories?post=20385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pompa-vana.com\/en\/wp-json\/wp\/v2\/tags?post=20385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}