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Petrofac Awarded EPC Contract by Basra Oil Company

Iraq: Oil Processing

Petrofac Awarded EPC Contract by Basra Oil Company

08/20/2018 - Petrofac has been awarded a contract worth around $ 370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. read...

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...

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

Positive Environmental Assessment Report for Velocys' Planned Biorefinery

USA: Biofuels

Positive Environmental Assessment Report for Velocys' Planned Biorefinery

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...

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...

Fluor’s Maiden Modules Arrive for One of the Largest Refineries in the World

Kuwait: EPC

Fluor’s Maiden Modules Arrive for One of the Largest Refineries in the World

Fluor together with its JV Partners have been assigned to deliver two engineering, procurement, fabrication and construction packages for the Al-Zour refinery project which is expected to produce 615,000 barrels per day. read...

Shell Completes Sale of Stake in Bongkot Field to PTTEP for 750 Million Dollars

Thailand: Gas Business Deal

Shell Completes Sale of Stake in Bongkot Field to PTTEP for 750 Million Dollars

The sale consists of the firm’s stake in Blocks 15, 16 and 17 and Block G12/48. With this deal, PTTEP which is the operator of Bongkot increased its stake to 67 %. read...

Exxon Mobil Discovers Oil Offshore Guyana

South America: Oil Exploration

Exxon Mobil Discovers Oil Offshore Guyana

This is the eighth oil block in the Longtail-1 well that has been explored by the company in the region. The block has been encountered at approximately 256 feet and comprises of high-quality, oil-bearing sandstone. read...

Velocys Collaborates with PQ for Producing Catalysts

UK: Catalysts

Velocys Collaborates with PQ for Producing Catalysts

PQ Corporation aims to supply commercial quantities of Velocys’ proprietary catalyst for multiple bio refineries. The catalysts have also been used to produce renewable transportation fuel and other products at the world’s first commercial smaller scale gas-to-liquids plant, Envia. read...

Mol Group Announces Cooperation with Inovacat

Hungary: Naphta Conversion

Mol Group Announces Cooperation with Inovacat

Mol Group entered into a strategic partnership with Inovacat, a Dutch technology innovator in the refining and petrochemical industries. The cooperation is expected to further upscale and commercialize the partners Gasolfin technology that converts naphtha into propylene, butylene and BTX (benzene, toluene, and xylene). read...

PKN Orlen Announces Largest Petrochemical Investment

Poland: Petrochemicals

PKN Orlen Announces Largest Petrochemical Investment

PKN Orlen has recently announced a mega 2 billion dollar petrochemical investment programme in Poland. The programme aims to transform the country from a net importer to a net exporter of petrochemicals. read...

Santos Awards Three Feed Contracts for Barossa Project

Australia: Engineering

Santos Awards Three Feed Contracts for Barossa Project

The project will include floating production storage and offloading facility, six subsea production wells, subsea production system and a gas pipeline to Darwin. read...

Hollow-Fibre Membrane for Efficient Gas Processing

Germany: Gas Separation

Hollow-Fibre Membrane for Efficient Gas Processing

At this year’s Achema in Frankfurt am Main (Germany), Evonik presented its latest membrane product development Sepuran NG for natural gas processing. read...

Wood Awarded Contract for Industrial Services by Sabic

UK: Olefins Production

Wood Awarded Contract for Industrial Services by Sabic

Wood has secured a new contract with Sabic IC UK Petrochemicals, to provide industrial services at the Olefins 6 plant in Wilton, Teesside, UK. read...

Lyondell Basell and Odebrecht Start Preliminary Discussions Concerning Braskem Transaction

The Netherlands: Possible Transaction

Lyondell Basell and Odebrecht Start Preliminary Discussions Concerning Braskem Transaction

Lyondell Basell and Odebrecht, the controlling shareholder of Braskem announced in a joint statement that they have entered into exclusive discussions regarding a potential transaction between Lyondell Basell and Braskem. read...