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Explosion at Tüpraş Refinery Kills Four Workers

Turkey: Blast in Refinery

Explosion at Tüpraş Refinery Kills Four Workers

10/12/2017 - On September 11, an explosion at Tüpraş İzmir Refinery killed four workers during maintenance work. The company states that a gas jamming in the floating roof naphta tank was the cause of the blast. read...

MoU Signed by Lukoil and NIOC

Analysis of Petroleum Systems

MoU Signed by Lukoil and NIOC

10/11/2017 - Lukoil and NIOC will mutually enhance beneficial cooperation in basin modeling and analysis of the petroleum systems in different regions. read...

Petrofac and Danos to Form Joint Venture

Oil and Gas JV

Petrofac and Danos to Form Joint Venture

10/11/2017 - Petrofac and Danos, a US-based family-owned and managed integrated oilfield services provider, have recently signed a Memorandum of Understanding (MoU). Both the companies are in talks to form a joint venture agreement to attract business opportunities. read...

Songwon Commissions New TPU Production Line

South Korea: Thermoplastic Urethane

Songwon Commissions New TPU Production Line

10/11/2017 - As part of its global expansion strategy, Songwon has commissioned a second thermoplastic urethane (TPU) production line, to become operational in the fourth quarter of 2017. read...

Archer Secures Four-Year Deal from Repsol Norge

Contract Bagged

Archer Secures Four-Year Deal from Repsol Norge

10/10/2017 - Archer has won the contract to deliver additional P&A services and related services on the Norwegian Continental Shelf. read...

Exxon Mobil’s Fifth Oil Discovery at Offshore Guyana

Oil Exploration

Exxon Mobil’s Fifth Oil Discovery at Offshore Guyana

10/10/2017 - The company’s latest breakthrough is the Turbot-1 well which has a reservoir of 75 feet of high-quality, oil-bearing sandstone. Another well is being planned for 2018. read...

Mikta Countries Discuss Future of Natural Gas

Policy

Mikta Countries Discuss Future of Natural Gas

10/10/2017 - Representatives from Mikta nations – Mexico, Indonesia, Korea, Turkey and Australia – recently met in Paris to discuss the future of natural gas and review gas-security issues in their countries at a gathering supported by the International Energy Agency (IEA). The high profile meeting was recently held to review and set new initiatives for the natural gas industry. read...

Akzo Nobel Increases Capacity for Production of Pharma Salt

Denmark: Pharmaceuticals

Akzo Nobel Increases Capacity for Production of Pharma Salt

10/10/2017 - Akzo Nobel's Specialty Chemicals business has completed the expansion of a production site in Denmark which supplies pharmaceutical grade salt for the healthcare industry. read...

Lyondell Basell Selects Fluor for World's Largest PO and TBA Project

USA: Engineering Contract

Lyondell Basell Selects Fluor for World's Largest PO and TBA Project

10/09/2017 - Fluor was selected by Lyondell Basell to perform the engineering and procurement for its propylene oxide (PO) and tertiary butyl alcohol (TBA) project located at its Channelview and Bayport complexes outside of Houston. read...

Shin-Etsu Chemical Expands Capacities for Optical Fiber Preform

China/Japan: Preform Production

Shin-Etsu Chemical Expands Capacities for Optical Fiber Preform

10/09/2017 - Shin-Etsu Chemical announced that it will expand its global production capacity of optical fiber preform, both in Japan and internationally, by investing $ 160 million. read...