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Eni Gets Approval for Offshore Exploration License in Mediterranean Sea

Egypt: Oil & Gas

Eni Gets Approval for Offshore Exploration License in Mediterranean Sea

08/16/2018 - The exploration license is named ‘Nour’ and with this project the firm is expecting to strengthen its position in Egypt. The company intends to commence drilling of the exploration well in the second half of 2018. read...

Petrofac Bags 370 Million Dollar Contract from Basra Oil Company

Iraq: EPC

Petrofac Bags 370 Million Dollar Contract from Basra Oil Company

08/16/2018 - The project involves the expansion of the Central Processing Facility in the Majnoon Field and work is expected to be complete in a time frame of 34 months. read...

Haldor Topsoe to Fully Acquire Ferrostaal Topsoe Projects

Denmark: Acquisition

Haldor Topsoe to Fully Acquire Ferrostaal Topsoe Projects

08/15/2018 - Danish catalyst specialist Haldor Topsoe announced that it was going to acquire full ownership of German Ferrostaal Topsoe Projects GmbH. The acquisition adds project planning and development know-how to the company's portfolio of high-performance catalyst and proprietory technologies for the chemical and refining industries. read...

Toyo Wins Contract for Naphta Cracking Furnaces Project

Japan: Naphta Cracker

Toyo Wins Contract for Naphta Cracking Furnaces Project

08/15/2018 - Toyo Engineering Corporation was awarded an expansion of naphtha cracking furnaces project from Maruzen Petrochemical, which is intended to increase ethylene production at its Chiba plant. read...

Positive Environmental Assessment Report for Velocys' Planned Biorefinery

USA: Biofuels

Positive Environmental Assessment Report for Velocys' Planned Biorefinery

08/13/2018 - Velocys announced that the US Department of Agriculture (USDA) has issued a Finding of No Significant Impact (Fonsi) on the environmental assessment report for Velocys’ planned Bayou Fuels biorefinery in Natchez, Mississippi. read...

Articles

To the Last Drop – How Pumps Can Become Efficiency–Enablers for Tank Farms

Screw Pumps/Tank Storage

To the Last Drop – How Pumps Can Become Efficiency–Enablers for Tank Farms

05/29/2018 - How screw pumps strip out even highly viscous media – When emptying an oil or fuel tank (a process refferd to as stripping), quite often residual product of the highly viscous media is left behind. But does it have to be that way? Pumps with excellent intake at low NPSHr values can in fact completely empty tanks – even of crude oil and bitumen. And one technology in particular outperforms the rest... read...

NEWS

Saudi Aramco, Air Products, and Acwa to Create 8 Billion Dollar plus JV

Saudi Arabia: Business Expansion

Saudi Aramco, Air Products, and Acwa to Create 8 Billion Dollar plus JV

The PPP mega gasification/power JV project is expected to produce power, hydrogen and other utilities for Saudi Aramco. The project is in line with the Kingdom’s Saudi Vision 2030 and is scheduled to commence in 2019. read...

Adnoc Aims to Improve Business Relations with Japan

UAE/Japan: Energy Prospects

Adnoc Aims to Improve Business Relations with Japan

The Arabian firm has plans to focus on the increasing energy needs of Asian economies and at the same time aims to attract new investment opportunities in its Upstream and Downstream operations. read...

Moda Midstream Acquires Ingleside Terminal from Occidental

USA: Export Terminal

Moda Midstream Acquires Ingleside Terminal from Occidental

Liquids terminaling and logistics provider Moda Midstream has entered into a definitive agreement to acquire the Oxy Ingleside Energy Center and certain crude oil and LPG infrastructure from Occidental Petroleum Corporation. read...

Stork Wins Renewed Operations and Maintenance Contract by Ecopetrol

Colombia: Gas Processing

Stork Wins Renewed Operations and Maintenance Contract by Ecopetrol

Fluor announced today that Stork, part of the company’s Diversified Services segment, was awarded a five-year contract renewal by Ecopetrol to operate and maintain its surface facilities on the Cusiana and Cupiagua gas fields in Colombia. read...

Total Acquires Two Gas Power Plants

France: Electricity Generation

Total Acquires Two Gas Power Plants

Total has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power plants (CCGT) in the North and East of France, which represent an electricity generation capacity of approximately 825 megawatts (MW). read...

Mobile Testing Solution for the Petroleum Industry

USA: Testing Equipment

Mobile Testing Solution for the Petroleum Industry

Agilent and Grabner Instruments have reached an equipment manufacturing agreement to focus on a novel mobile testing solution for in-field analysis of lubricating oils and greases. read...

Exxon Mobil Announces Start-Up of New Ethane Cracker in Baytown

USA: 1.5 Million Ton-Per-Year Cracker

Exxon Mobil Announces Start-Up of New Ethane Cracker in Baytown

Exxon Mobil announced that operations have commenced at its new 1.5 million ton-per-year ethane cracker at the company’s integrated Baytown chemical and refining complex. read...

Maire Tecnimont Awarded EPC Contracts Worth $ 527 Million by Lukoil

Russia: Refinery Business

Maire Tecnimont Awarded EPC Contracts Worth $ 527 Million by Lukoil

Maire Tecnimont announced that its subsidiary KT — Kinetics Technology has been awarded two EPC (Engineering, Procurement and Construction) contracts by Lukoil Nizhegorod Nefteorg Syntez. The contracts are related to five refinery process units as part of the oil residue upgrading project for the Kstovo Refinery, in Central Russia. read...

Technip FMC Wins Subsea Contract from Chevron Australia

Australia: Offshore Campaign

Technip FMC Wins Subsea Contract from Chevron Australia

Technip FMC has been awarded a subsea installation contract by Chevron Australia, for the Gorgon Stage Two development, located offshore Western Australia in water depths ranging from 250 to 1,340 meters. read...

Mc Dermott to Construct CB&I Storage Tanks for Jubail United Petrochemical

UAE: EPC Contract

Mc Dermott to Construct CB&I Storage Tanks for Jubail United Petrochemical

Mc Dermott has been awarded a contract by Samsung Engineering Saudi Arabia Company for engineering, procurement and construction services (EPC) concerning CB&I Storage Tanks for the Jubail United Petrochemical Company — Sabic's manufacturing affiliate. read...

Toyo Awarded Engineering Contract by Map Ta Phut Olefins

Thailand: Olefin Production

Toyo Awarded Engineering Contract by Map Ta Phut Olefins

Toyo Engineering Corporation has been awarded a contract by Map Ta Phut Olefins, a joint venture company of SCG Chemicals and Dow, for offshore engineering and procurement services of an olefin expansion project. read...

Exxon Mobil Expects Stabroek Block to Deliver up to 4 Billion Barrels

Guyana: Offshore Oil Field

Exxon Mobil Expects Stabroek Block to Deliver up to 4 Billion Barrels

Exxon Mobil has increased its estimate of the discovered recoverable resources for the Stabroek Block offshore Guyana to more than 4 billion oil-equivalent barrels. The previous recoverable resource estimate was 3.2 billion oil-equivalent barrels. read...

Shell Signs Contract with Government of Mauritania for Exploration and Production of Hydrocarbons

Mauritania: Offshore Exploration

Shell Signs Contract with Government of Mauritania for Exploration and Production of Hydrocarbons

Shell signed two Production Sharing Contracts with the government of Mauritania for the exploration and potential future production of hydrocarbons in the offshore blocks C-10 and C-19. read...