Honeywell announced that Jizzakh Petroleum will use Honeywell UOP technologies to build a new refinery capable of processing 5 million tons per year of crude oil to produce gasoline, diesel and jet fuel. The refinery is being built in the Jizzakh region of Eastern Uzbekistan. read...
Total announced the opening of the first offshore production well at the Ichthys LNG Project. At full capacity, the offshore facilities are expected to produce 1,600 mmscfd of gas (285,000 barrels of oil equivalent per day) and 85,000 barrels of condensate per day. read...
Exxon Mobil announced that key projects in Guyana, the US Permian Basin, Brazil, Mozambique and Papua New Guinea are positioning the company well to meet the objectives outlined in the long-term earnings growth plans. This resulted in estimated earnings in the second quarter 2018 earnings of $ 4 billion, compared with $ 3.4 billion a year earlier. read...
Saipem has been awarded Onshore Engineering & Construction contracts in Saudi Arabia, Serbia, Mexico, Iraq and Nigeria worth approximately $ 800 million in total. read...
