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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...

Jacobs Wins Contract for Yasref Refinery Project

Saudi Arabia: Engineering Services

Jacobs Wins Contract for Yasref Refinery Project

Jacobs' local subsidiary in Saudi Arabia, Jacobs Zate, has been awarded a three-year, general engineering services (GES) contract from Yanbu Aramco Sinopec Refining Company (Yasref) to help optimize the production at the Yanbu Industrial City facilities in Saudi Arabia. read...

Shandong to Use Honeywell's Technology for Propylene Production

China: Propane Dehydrogenation

Shandong to Use Honeywell's Technology for Propylene Production

Honeywell announced that Shandong Wonfull Petrochemical will use UOP’s C3 Oleflex propane dehydrogenation technology to produce 250,000 metric tons per year of polymer-grade propylene at its facility in the Huantai Economic Development Zone in China’s Shandong Province. read...

Exxon Mobil Announces Retirement of Malcom Farrant and Michael Dolan

USA: Management Changes

Exxon Mobil Announces Retirement of Malcom Farrant and Michael Dolan

Exxon Mobil announced the retirement of Malcolm Farrant as vice president of human resources and of the company's senior vice president Michael J. Dolan. read...

Consortium Extends Exploitation of TFT Gas Field

Algeria: Concession Contract

Consortium Extends Exploitation of TFT Gas Field

Sonatrach, Total, Repsol and Alnaft (the National Agency for the Valorisation of Hydrocarbon Resources), have signed a new concession contract for a period of 25 years to extend the exploitation of the Tin Fouyé Tabankort (TFT) gas and condensate field. . read...

Ethanol Recycled from Steel Mill Emissions

China: Waste-Gas-to-Ethanol

Ethanol Recycled from Steel Mill Emissions

Carbon recycling company, Lanzatech, and its joint venture partner, Shougang Group, a Chinese iron and steel producer, have announced the successful start-up of the world’s first commercial facility converting industrial emissions to sustainable ethanol. read...

The Quest for the Holy Grail of Bio-Based Products

Trend Report: Bio-Based Products

The Quest for the Holy Grail of Bio-Based Products

Because of low crude oil prices, times are hard for bio-based chemicals as they can rarely compete with their fossil counterparts pricewise and cannot even play a trump card in the matter of climate change. Nevertheless, industry and academia are developing bio-based processes fervently and with the prerequisite that the products must not be more expensive than conventional ones. read...

Haldor Topsoe to Deliver Large-Scale Methanol Plant for BGCC

Russia: License Agreement

Haldor Topsoe to Deliver Large-Scale Methanol Plant for BGCC

Baltic Gas Chemical Company, Mitsubishi Heavy Industries Engineering, and Haldor Topsoe have signed a tripartite license agreement for a methanol plant project in Ust-Luga, Russia. read...

Lukoil Enters into Agreement with Kazmunaygas for Exploring Production in the Zhenis Area

Kazakhstan: Principles Contract

Lukoil Enters into Agreement with Kazmunaygas for Exploring Production in the Zhenis Area

Under the contract, both the parties are expected to set up a consortium in order to negotiate with the Republic of Kazakhstan to explore and produce at the site. read...

Technip FMC Bags Offshore Water Handling Project from Woodside

Australia: EPC Project

Technip FMC Bags Offshore Water Handling Project from Woodside

Under the contract, Technip will offer engineering, procurement, construction, installation and commissioning for Woodside’s Pluto Platform offshore project. read...

Fuels from CO2 and Electricity

Germany: Renewable Fuels

Fuels from CO2 and Electricity

The Institute for Energy and Environmental Research Heidelberg (ifeu) is taking part in the e-For-Fuel research and innovation action. The project wants to provide a sustainable replacement of fossil fuels by using electricity and microorganisms to convert CO2 into renewable fuels. read...