Project Director Extra Heavy Oil Junín 5
Milano,Italia & Caracas, Venezuela
• Responsible for conducting an integrated feasibility study for bringing finished hydrocarbon products into the international markets, derived from the production of heavy oil from the Junín 5 Block of the Orinoco Belt in Venezuela.• Responsible for the conduction of: (a) the quantification and certification of oil reserves of the block; (b) execution of the concept, vision and pre-basic engineering of the facilities of the integrated project (upstream, downstream facilities, transport pipelines and export marine facilities); (c) logistical survey of the existing site and infrastructure of the project areas; (d) elaboration of detailed marketing plan for the project; (e) formulation of an economic model of the project; (f) HSE and sustainability studies for the proposal of social projects within the project’s areas; (g) formulation of the best plants configurations and localizations: production capacity, product quality, product types, environment, economic returns; (h) formulation of the best business concepts available (commercially, economically and fiscally) for the project.• Work executed up to pre- Basic Engineering (upstream, downstream, pipelines and marine export facilities), entitling the use of around 45,000 man-hours of both project personnel (team of 27 highly-qualified multi-disciplines professionals) and six outside consultants. Project definition: production of 240,000 bopd of heavy oil (PETROJUNIN), for further processing in a medium conversion refinery PETROBICENTENARIA) for the production of diesel (Euro quality), naphtha and LPG (liquid petroleum gases). Estimated Total Project Cost around 23 billion dollars.• Negotiation of entry Bonus, Joint Venture Agreements for both upstream and refinery companies, and ancillary documentation.• Project works continue under the structure of each joint venture.