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AFC Partners with Brahms Oil Refineries to Build First Refinery in Guinea

Guinea: Engineering

AFC Partners with Brahms Oil Refineries to Build First Refinery in Guinea

06/12/2019 - The Africa Finance Corporation (AFC) has entered into a joint development agreement with Brahms Oil Refineries to develop and finance Guinea’s maiden refinery project in Kamsar, Guinea. The project is expected to reduce the country’s dependence on imported refined products and enhance its balance of payments. read...

Russia Launches New Pipeline to Supply Natural Gas to China

Russia: Landmark Project

Russia Launches New Pipeline to Supply Natural Gas to China

05/12/2019 - Vladimir Putin, President of the Russian Federation and Xi Jinping, President of the People's Republic of China were present at the launch ceremony of the first-ever pipeline supplies of Russian gas to China via the Power of Siberia gas trunkline. read...

Evonik to Increase Sodium Methylate Capacity at Rosario Unit in Argentina

Argentina: Alkoxides

Evonik to Increase Sodium Methylate Capacity at Rosario Unit in Argentina

04/12/2019 - Evonik aims to expand its capacity for sodium methylate from 60,000 metric tonnes up to 90,000 metric tonnes at its Argentina facility until 2021. The move has been undertaken by the firm owing to the rising demand of biodiesel in South America especially Argentina and Brazil. read...

Terra Drone Indonesia Uses Drone for Inspecting Chevron’s Flare Stacks

Indonesia: Next-Gen Technology

Terra Drone Indonesia Uses Drone for Inspecting Chevron’s Flare Stacks

29/11/2019 - Visual inspections were carried out at Chevron’s Duri oil field in Sumatra by Terra Drone Indonesia’s multirotor drone wherein it inspected numerous flare stacks in an effective, faster and safer manner. read...

Exxon Mobil Signs Agreement with Worley for Chemicals and Refining Sites

USA: Services Contract

Exxon Mobil Signs Agreement with Worley for Chemicals and Refining Sites

28/11/2019 - Exxon Mobil and Worley have entered into a services agreement for the former’s refining and chemicals operations sites in Texas and Louisiana, USA. Under the deal, Worley will continue to provide services to the six locations in the western country. read...

Articles

How to Handle the Temperature Curve in the Expansion Vessel

Plant Separation System to Atmosphere

How to Handle the Temperature Curve in the Expansion Vessel

15/10/2019 - Heat transfer fluids in a broader sense as well as water and water steam include: refrigerants, organic fluids, salt melts, liquid metals and hot gases. The German standard reference 'Heat Transfer Technique with Organic Fluids' is now published as an international edition as Vogel-Reference-Book. This technical operation specialist book describes plants that primarily use organic heat transfer fluids. In our PROCESS-Series we present you some excerpts of this book. In this article we will show you, how to handle with temperature curve in the expansion vessel. read...

NEWS

Saudi Aramco Signs Crude Oil Supply Deals for 2020

China: Business Venture

Saudi Aramco Signs Crude Oil Supply Deals for 2020

Saudi Aramco has signed the deals with five Chinese customers thus, further strengthening the company’s position as the Asian country’s leading supplier of crude. With this move, the Gulf firm has increased its total volume by 151,000 barrels per day as compared to its 2019 supply contracts. read...

Predictive Maintenance from Honeywell to Increase Adnoc's Asset Efficiency

UAE: Digitalization Partnership

Predictive Maintenance from Honeywell to Increase Adnoc's Asset Efficiency

The Abu Dhabi National Oil Company (Adnoc) announced a partnership with Honeywell for one of the largest predictive maintenance projects in the oil and gas industry. read...

Honeywell Awarded Contract for Largest Integrated Refinery Complex in the Middle East

Kuwait: Automation Contract

Honeywell Awarded Contract for Largest Integrated Refinery Complex in the Middle East

Kuwait Integrated Petroleum Industries Company (KIPIC) has selected Honeywell Process Solutions (HPS) to be the main automation contractor for its new Petrochemicals and Refinery Integration Al Zour Project (Prize). read...

Adnoc, Total to Deploy World’s First Automated Seismic Acquisition System

UAE: Oil and Gas Resources

Adnoc, Total to Deploy World’s First Automated Seismic Acquisition System

Total’s Multiphysics Exploration Technology Integrated System (Metis) will use autonomous drones and a ground vehicle to collect 3D seismic data throughout Abu Dhabi in the UAE as Adnoc expands its search for new oil and gas resources. read...

Idemitsu Constructs New Lubricant Manufacturing Facility in Indonesia

Indonesia: Engine Oils

Idemitsu Constructs New Lubricant Manufacturing Facility in Indonesia

With an annual production capacity of 50,000 KL, the new Cikarang plant will expand the supply of lubricants due to the increasing demand for high-performance lubricants in Indonesia. The new unit is the firm’s second lubricant manufacturing facility in the country. read...

KBR's Rose Technology Selected for HPCL’s Modernisation Project in India

India: Technology License

KBR's Rose Technology Selected for HPCL’s Modernisation Project in India

KBR’s proprietary technology will be used to assist Hindustan Petroleum Corporation (HPCL)'s modernisation project at the Visakh refinery in India. Under the terms of the agreement, KBR will provide technology licensing, basic engineering design and proprietary equipment to CLG for the Rose SDA portion of the LC-MAX unit. read...

Iran Discovers New Oil Feld with Over 50 Billion Barrels of Crude

Iran: Oil Discovery

Iran Discovers New Oil Feld with Over 50 Billion Barrels of Crude

The newly discovered oil field is expected to increase Iran's proven reserves of roughly 150 billion by about a third. This will also lead to an increase in the country’s oil revenues by 32 billion dollars. read...

OPEC’s World Oil Outlook Report Launched in Vienna

Austria: Market Forecast

OPEC’s World Oil Outlook Report Launched in Vienna

OPEC’s World Oil Outlook (WOO) 2019 offers an insight into the medium and long-term projections as well as an assessment of the oil and energy industry across the globe. read...

FT Wax Market to Rise at 7.6 % CAGR to Reach 1.2 Billion Dollars by 2025

Market Report

FT Wax Market to Rise at 7.6 % CAGR to Reach 1.2 Billion Dollars by 2025

The global FT wax market is set to grow from its current market value of more than 750 million dollars to over 1.2 billion dollars by 2025; according to a new research report by Global Market Insights. read...

The World's Most Profitable Company Plans to Go Public

Saudi Aramco IPO

The World's Most Profitable Company Plans to Go Public

Saudi Aramco announced its plans to list on the Saudi Arabian stock exchange. Worth about $ 1.2 trillion, this could be the world's biggest initial public offering (IPO). The step is part of the country's strategy to reduce the Kingdom’s dependency on oil and diversify its economy. read...

Gazprom Collaborates with BASF for Innovative Technologies

Russia: Natural Gas

Gazprom Collaborates with BASF for Innovative Technologies

Gazprom intends to adopt specialised technologies from BASF in order to improve eco-efficiency and optimise the performance of its Astrakhan gas processing plant in Russia. Gazprom and BASF also have plans to develop a solution for separation of sulfur from natural gas. read...

Tatneft Acquires Sibur’s Petrochemical Facilities

Russia: Sale of Assets

Tatneft Acquires Sibur’s Petrochemical Facilities

Tatneft and Sibur have closed the sale and purchase of some production and other assets belonging to Sibur. With this move, Tatneft aims to develop the assets in line with its gas and petrochemical strategy while Sibur will focus on developing large-scale production of basic polymers and premium special chemicals. read...

Shell Appoints Huibert Vigeveno as Downstream Director

Management Strategy

Shell Appoints Huibert Vigeveno as Downstream Director

Huibert Vigeveno will succeed John Abbott and will be taking charge of his post from January 1, 2020. He will also become a member of the Executive Committee at Shell. read...