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Air Liquide to Provide Technology for Pertamina’s Refinery

Indonesia: Specialised Technologies

Air Liquide to Provide Technology for Pertamina’s Refinery

11/16/2018 - Under the agreement, Air Liquide will offer a technology licence as well as basic engineering for a hydrogen production unit which will be installed on the Balikpapan refinery site in Indonesia. read...

Maire Tecnimont to Complete Design for Exxon Mobil Petrochemical Complex

USA: 230 Million Dollar Project

Maire Tecnimont to Complete Design for Exxon Mobil Petrochemical Complex

11/15/2018 - A subsidiary of Maire Tecnimont, in consortium with Performance Contractors, has been awarded a reimbursable contract by Exxon Mobil for the initial activities related to the front end engineering design, early execution studies and early procurement activities for new process units and the associated offsites and utilities for a Petrochemical complex in the US. read...

Total, Adnoc Sign Concession Contract to Launch Unconventional Gas Exploration

UAE: Gas Deals

Total, Adnoc Sign Concession Contract to Launch Unconventional Gas Exploration

11/15/2018 - The project will be carried out in the high potential Diyab play that spreads over 6,000 sq km in Abu Dhabi. Total will operate the exploration phase with a 40 % interest and Adnoc will hold the remaining 60 % interest. read...

Adnoc Signs MOU with ISPRL to Explore Crude Oil Storage in Underground Facility

India: Oil Reserves

Adnoc Signs MOU with ISPRL to Explore Crude Oil Storage in Underground Facility

11/15/2018 - The new storage facility is located at Padur in Karnataka and boasts of a storage capacity of 2.5 million tonne. The agreement has strengthened and expanded the strategic energy partnership between India and the UAE. read...

Russia, Saudi Arabia and the USA Have Seen Oil Output at Record Levels: IEA

Global Oil Market Report

Russia, Saudi Arabia and the USA Have Seen Oil Output at Record Levels: IEA

11/14/2018 - IEA has reported that the ‘Big Three’ industry players have witnessed oil output at a high rate. The global agency also mentions that regular contacts between key players are essential in creating understanding and maintaining oil diplomacy to ensure market stability. 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

10/02/2018 - 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

One of the World’s Largest 3D Plant Design Created for Tengiz Oil & Gas Project

Kazakhstan

One of the World’s Largest 3D Plant Design Created for Tengiz Oil & Gas Project

The project is claimed to be one of the largest oil and gas projects in the world and Fluor’s JV firm is the brain behind the creation of the plant design. The new 3D plant model will enable project engineers from across the globe to see real-time developments in the design. read...

Lyondell Basell Licenses Polyolefin Technology to Sinopec

The Netherlands: Petrochemicals

Lyondell Basell Licenses Polyolefin Technology to Sinopec

Lyondell Basell announced that China Sinopec International and Sinopec-SK (Wuhan) have selected their Hostalen Advanced Cascade Process (Hostalen ACP) technology. read...

Saudi Aramco and Adnoc Collaborate for Natural Gas and LNG

UAE: Gas Agreement

Saudi Aramco and Adnoc Collaborate for Natural Gas and LNG

Both the firms have signed an agreement owing to which two of the biggest energy producers in the Gulf region will come together to increase business in the natural gas and LNG sectors. read...

Ketan Joshi to Spearhead BASF’s Petrochemicals Business in Asia Pacific

Appointment

Ketan Joshi to Spearhead BASF’s Petrochemicals Business in Asia Pacific

Under his new role, Ketan Joshi will be focusing on expanding the business and supporting the company’s customers and partners in the region. read...

Gazprom Neft’s Neptune Field Attains Reserves of 415 Million Tonnes

Russia: Oil Exploration

Gazprom Neft’s Neptune Field Attains Reserves of 415 Million Tonnes

The hydrocarbon reserves are in excess of 1.6 times of the original estimate. Located in the Ayashsky licence block, well construction is being undertaken by Gazpromneft-Sakhalin. read...

Saudi Aramco Signs MOU with Schneider Electric

Saudi Arabia: Industry 4.0

Saudi Aramco Signs MOU with Schneider Electric

The agreement will focus on solutions for the fourth industrial revolution and has been signed under the Digital Transformation Programme led by Saudi Aramco’s Technical Services. read...

Arkema and Barray to Jointly Offer High Performance Composite Solutions

France: Joint Venture

Arkema and Barray to Jointly Offer High Performance Composite Solutions

Barrday and Arkema have created a joint venture to manufacture and market carbon fiber and specialty polymer tapes for the growing oil and gas industrial market. read...

Everything you Need to Know About the 40 Billion Dollar Ratnagiri Refinery Project

India: Oil and Gas

Everything you Need to Know About the 40 Billion Dollar Ratnagiri Refinery Project

The India-based project is expected to process 1.2 million barrels of crude oil per day and will produce a range of refined petroleum as well as petrochemical products. Expected to be commissioned in 2022, the project aims to meet India’s fast-growing fuels and petrochemicals demand. Read more about the engineering mega project in the article. read...

Cost-Effective Configuration of Hybrid Terminals

Spain: Regasification

Cost-Effective Configuration of Hybrid Terminals

Atlantic Gulf & Pacific Company (AG&P) has launched two proprietary regasification technologies in its range of LNG import terminal solutions. read...

Qatargas Signs 22 Year Agreement with Petro China to Supply 3.4 Million Tonnes of LNG Annually

Qatar: Sale and Purchase Contract

Qatargas Signs 22 Year Agreement with Petro China to Supply 3.4 Million Tonnes of LNG Annually

Under the sale and purchase agreement, Qatargas will supply LNG from the Qatargas 2 project to different receiving terminals across China. The Qatargas 2 project is a JV between Qatar Petroleum, Exxon Mobil and Total. read...

Novatek and Jogmec Sign Agreement to Explore LNG Opportunities in Asia Pacific

Japan: Oil and Gas Collaboration

Novatek and Jogmec Sign Agreement to Explore LNG Opportunities in Asia Pacific

With this deal, both the parties aim to develop a transport link for LNG deliveries to the Japanese and Asia-Pacific markets, and also explore opportunities to cooperate on Novatek’s projects in the Yamal and Gydan peninsulas. read...

Sabic Becomes Clariant’s Largest Strategic Anchor Shareholder

Switzerland: Speciality Chemicals

Sabic Becomes Clariant’s Largest Strategic Anchor Shareholder

Sabic has successfully purchased a 24.99 % stake in Clariant after receiving the required outstanding regulatory approvals from competition authorities. read...

Field Comm Group Names Mangalore Refinery Plant of the Year

India: Petrochemicals

Field Comm Group Names Mangalore Refinery Plant of the Year

Field Comm Group announced that Mangalore Refinery and Petrochemical Limited (MRPL), located in Mangalore, India, has been named the Field Comm Group 2018 Plant of the Year. read...