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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...

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

11/14/2018 - 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

11/14/2018 - Lyondell Basell announced that China Sinopec International and Sinopec-SK (Wuhan) have selected their Hostalen Advanced Cascade Process (Hostalen ACP) technology. 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

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...

Praxair to Supply Oxygen to Fulcrum’s Sierra Bio Fuels Facility

USA: Fuels

Praxair to Supply Oxygen to Fulcrum’s Sierra Bio Fuels Facility

Under the long-term agreement, Praxair will construct two vacuum pressure swing adsorption plants at the facility and also utilise its proprietary HOB technology for increasing syngas yield from the gasification process. read...

Saudi Aramco to Construct New Upstream Research Center at MSU Science Park

Russia: R&D

Saudi Aramco to Construct New Upstream Research Center at MSU Science Park

Saudi Aramco recently held a groundbreaking ceremony at Lomonosov Moscow State University to set up its ninth R&D facility outside its home country. The new center is expected to focus on upstream technologies in simulation and modeling, advanced materials, data analytics and artificial intelligence. read...

Petrofac Bags 370 Million Dollar Contract from Basra Oil Company

Iraq: EPC

Petrofac Bags 370 Million Dollar Contract from Basra Oil Company

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

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

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

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...

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...

Sumitomo Awarded Contract by Hyundai for CFB Power Plant

South Korea: Biomass Power Plant

Sumitomo Awarded Contract by Hyundai for CFB Power Plant

Sumitomo SHI FW has been awarded a contract by Hyundai Engineering & Construction (HDEC) for design and supply of the Daesan Biomass Power Plant boiler island. read...

Eni and Snam Collaborate to Create 20 Fresh CNG Refuelling Stations

Italy: Sustainable Mobility

Eni and Snam Collaborate to Create 20 Fresh CNG Refuelling Stations

The project encourages sustainable mobility and supports the development of natural gas and biomethane refuelling stations in the country. The investment for the CNG stations is expected to be within 11.58 million dollars. read...

Pöyry Awarded Contract for Biogas Plant Expansion by Gasum

Finland: Biogas Plant

Pöyry Awarded Contract for Biogas Plant Expansion by Gasum

Gasum has awarded Pöyry an engineering, procurement and construction management (EPCM) services assignment for the expansion project of the Topinoja biogas plant in Turku, Finland. read...