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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...

MAN to Deliver Gas-Engine Power Plant to Oman LNG

Oman: Power Plant

MAN to Deliver Gas-Engine Power Plant to Oman LNG

MAN Energy Solutions has been awarded a contract by Oman LNG to equip a new power plant with nine 51/60 gas engines. read...

Total Earns Second Spot among World’s Largest LNG Players

Natural Gas

Total Earns Second Spot among World’s Largest LNG Players

Following the 1.5 billion dollar acquisition of Engie’s upstream LNG assets, Total possesses 10 % of the worldwide market share and will be responsible for around 40 MT of LNG annually by 2020. read...

IEA Chief Meets US Secretary of State

USA: Gas Markets

IEA Chief Meets US Secretary of State

Dr Fatih Birol also met other key ministers to discuss the global scenario of the gas markets as well the increase of energy production in the country. During his visit, he also launched the IEA’s latest gas market analysis, Gas 2018 at the World Gas Conference. read...

Sinopec to Use Topsoe's Catox Catalyst for Largest SBR Emissions Control Project in Asia

China: Emissions Control

Sinopec to Use Topsoe's Catox Catalyst for Largest SBR Emissions Control Project in Asia

Sinopec Qilu Petrochemical Corporation has chosen Topsoe’s Catox catalyst for cost-efficient control of volatile organic compounds (VOC) at their rubber plant in Zibo, China. The facility has two lines with a total capacity of 240,000 Nm3/h, which makes it the largest current styrene-butadiene rubber (SBR) emissions control project in Asia. read...

Jacobs Awarded Feasibility Study for Conversion of Gas to Hydrogen by Equinor

The Netherlands: Carbon Capture

Jacobs Awarded Feasibility Study for Conversion of Gas to Hydrogen by Equinor

Jacobs Engineering was awarded a feasibility study contract from Equinor Energy to evaluate the possibilities for building a hydrogen production plant, including CO2 capture and export facilities, in Eemshaven, the Netherlands. read...

Egypt Paves Way for $ 10.9 Billion Petrochemicals Project

Mammoth Project

Egypt Paves Way for $ 10.9 Billion Petrochemicals Project

With the long-expected Tahrir project, Egypt is intending to build the largest petrochemical project in the Middle East. Eleven plants including a Naphta Cracker will produce about 1.5 million tons of ethylene and 880,000 tons of propylene. read...

Jeffrey Joerres Elected as Conoco Phillips’ Board Member

New Appointment

Jeffrey Joerres Elected as Conoco Phillips’ Board Member

Earlier, Joerres occupied the post of executive chairman at Manpower Group. He was also the former director and chairman of the Federal Reserve Bank of Chicago. read...

Saudi Aramco Alters Benchmark for Asian Crude Oil Market

Saudi Arabia: Oil Pricing

Saudi Aramco Alters Benchmark for Asian Crude Oil Market

The government-owned company has undertaken the move to increase the dependability of its crude oil pricing. read...

Eni Discovers another Well in Faghur Basin

Egypt: Oil Exploration

Eni Discovers another Well in Faghur Basin

The global oil and gas company has drilled the second well, B1-X in the Egyptian desert to explore deep geological sequences of the Faghur Basin. read...

Total and CCCC Enter into Agreement to Strengthen Business Relationship

Lubricants

Total and CCCC Enter into Agreement to Strengthen Business Relationship

Through this agreement, both the firms will benefit from new commercial businesses across the globe. Under the contract, Total aims to provide innovative energy solutions to support CCCC’s business. read...