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Maersk Drilling Wins Extension for Drillship Maersk Viking
Maersk Drilling has been awarded a contract extension for the ultra-deepwater drillship Maersk Viking, by oil major ExxonMobil. The estimated value of the contract extension is USD 22.5m, with a durat...
5/24/2017 - Rigs - United States
Sirius Petroleum Selects COSL Rig for Ororo Drilling Campaign
Sirius Petroleum, the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that following the analysis of the bathymetry results from t...
5/24/2017 - Rigs, Coring & Exploration - Nigeria
Magseis Signs Exclusive Technology Agreement with Seismic Apparition
Magseis and Seismic Apparition have signed an exclusive Technology Agreement to jointly develop and implement a new innovative technology that will reduce the operational time for Ocean Bottom Seismic...
5/24/2017 - Seismic Energy Sources - Norway
China April LNG Imports Up 15.6% on Year
China's imports of liquified natural gas (LNG) rose 15.6 percent from a year earlier to 2.17 million tonnes, posting the first year on year gain in four months, customs figures showed. ...
5/23/2017 - LNG Processing - China
Russia Beats Saudi As Top China Oil Supplier for Second Month
Russia has kept its top spot as oil supplier to China, beating Saudi Arabia for the second month in row, as independent refiners scooped up more volumes before their first batch of quotas expire. ...
5/23/2017 - Oil - Russia
Kuwait Says Agreement on Oil Output Cuts must Satisfy all Parties
Oil producers agree they need to do whatever is necessary to restore balance to the crude market but any decision on output cuts must satisfy all parties, Kuwait's oil minister told state news agency ...
5/23/2017 - Oil - Kuwait
Proserv Middle East Secures Multiple Contract Awards
Energy services company Proserv has recently been awarded a series of contracts worth a combined value of more than $11million USD for its production control new-build and after-market services in the...
5/23/2017 - Control Panels - United Arab Emirates
Caspian Oil Supply - May 2017
Azerbaijan’s oil supply forecast for 2017 remained unchanged with a contraction of 70 tb/d to average 0.78 mb/d, while oil production in 2016 declined by only 10 tb/d. Azeri oil output in April was re...
5/23/2017 - Oil - Azerbaijan
Statoil Receives Consent to Use Bideford Dolphin
Statoil has received consent to use the Bideford Dolphin mobile drilling facility for production drilling at Vigdis. Statoil is to plug the B-1 AH production well on the Vigdis field. Using a sidetrac...
5/22/2017 - Rigs, Coring & Exploration - Norway
PGPIC, European Firm Partner in Iran Petchem Project
Iran’s Persian Gulf Petrochemical Industries Company (PGPIC) and a European company have partnered to build a major petrochemical project in Iran, PGPIC said. ...
5/22/2017 - Petrochemicals - Iran
KOGPC Biggest NISOC Oil Producer
Managing Director of Karoun Oil & Gas Producing Company said, in post JCPOA, by having a 60% share, KOGPC played a key role in boosting NISOC crude production. ...
5/21/2017 - Crude Oil - Iran
Essar’s Four-Month Oil Imports from Iran Rise 8%
Iran’s key Indian client, Essar Oil received about eight percent more oil from Iran in the first four months of this year which recorded about 150,700 bpd, according to tanker arrival data obtained fr...
5/21/2017 - Oil - Iran
Oman's Natural Gas Production, Imports Dropped in Jan-April Period
Oman’s natural gas production and imports edged down by 1 per cent to 13,532 million cubic metres (MNCM) for the first four months of 2017, compared with 13,670 MNCM in the same January to April perio...
5/20/2017 - Natural Gas - Oman
Gas Export Negotiation Between Venezuela & Trinidad and Tobago
Petroleos de Venezuela, S.A. (PDVSA) and Shell assessed the progress of negotiations for the export of gas from Venezuela to Trinidad and Tobago and the completion of Dragon Field Accelerated Product...
5/19/2017 - Natural Gas - Venezuela
Velan Receives Contracts Worth US$55 million
Velan receives contracts worth US$55 million to supply safety related valves for 3rd generation nuclear reactors at Hinkley Point C in the U.K. ...
5/19/2017 - Valves - United Kingdom
£1m Contract Win for M² Subsea on World’s Longest Pipeline
M² Subsea, the global independent provider of ROV services, has secured its first contract award which is valued in excess of one million pounds. The project will see the firm supplying the Go Electra...
5/18/2017 - ROV - Russia
Keppel on Track to Deliver State-of-The-Art Drilling Rig in Azerbaijan
Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiary in Azerbaijan, Caspian Shipyard Company (CSC), is on track to deliver a semisubmersible drilling rig to Caspian Drilling Company Ltd, a...
5/18/2017 - Rigs - Azerbaijan
US Oil Trade - May 2017
Preliminary data shows that US crude oil imports in April went up to average 8.2 mb/d, which is an increase of 250 tb/d from the previous month and 579 tb/d from last year. Y-t-d, US crude imports in ...
5/18/2017 - Oil - United States
Quay Construction for Kuwait-China Refinery Complex Underway
The construction of a quay for a Kuwait-China refinery and petrochemical project in south China's Guangdong Province is scheduled to complete in September, the state-run China Daily reported. ...
5/17/2017 - Oil Treating & Refining - China
Rosneft Eyes Joint Oil Supplies to Egypt with Italy's Eni
Russia's largest oil producer Rosneft and Italian energy company Eni have signed an agreement to broaden cooperation, including in possible joint oil product supplies to Egypt, Rosneft said on Wednesd...
5/17/2017 - Oil - Egypt
ExxonMobil to Launch Service Stations and Fuels in Mexico
ExxonMobil announced its plans to enter the Mexican fuels market in 2017 with Mobil-branded stations and its new signature line of advanced Synergy™ gasoline and diesel fuels. ...
5/17/2017 - Diesel Fuel - Mexico
China's Unipec Will Keep Reselling Term LNG Cargoes
China's Unipec, trading arm of state oil major Sinopec, resold more than 2 million tonnes of term cargoes of liquefied natural gas (LNG) last year and expects to sell more this year, president Chen Bo...
5/17/2017 - LNG Carriers - China
Saudi Aramco to Set up New Chemicals Unit
Saudi Aramco plans to set up a new chemicals subsidiary, the company said in its official magazine, The Arabian Sun. "The Board... approved the creation of a new subsidiary to conduct the company's ch...
5/17/2017 - Chemicals - Saudi Arabia
Atlas Copco Opens U.S. Manufacturing Plant
Atlas Copco, a leading provider of sustainable productivity solutions, inaugurates a manufacturing plant in the United States that will increase productivity for construction customers and boost safet...
5/17/2017 - Compressors - United States
Gazprom Neft Increases Direct Sales of Aviation Fuels by 3% in Q1 2017
Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, has retained its leading position on the Russian market in terms of Q1 2017 direct sales, with the company making “wing-tip...
5/17/2017 - Fuel oil - Russia
Severstal Signs Contracts for the Supply of Equipment for the Refurbishment
Severstal, one of the world’s leading vertically integrated steel and mining companies, has signed contracts for the engineering and supply of equipment for the refurbishment of blast furnace No. 5 at...
5/17/2017 - Furnaces - Russia
Rosneft & Tecnoclima S.p.A. Agree on the Supply of Climatic Equipment for Drilling Rigs
Rosneft and Tecnoclima S.p.A. entered into a Cooperation Agreement on the supply, modernization and maintenance of heating and ventilation systems for drilling rigs during a visit of the Italian deleg...
5/17/2017 - Drilling Equipment - Russia
Gazprom Neft Hydraulic Fluids Become the First Russian Products to Be Approved
Gazpromneft Lubricants — operator of the Gazprom Neft lubricants business — has secured official endorsement from Bosch Rexroth for its premium-class hydraulic oils produced under the Gazprom Neft bra...
5/16/2017 - Lubricants, Oils & Greases - Russia
Aramco Plans at Least 10 Energy Deals During Trump Visit
Saudi Aramco plans to sign agreements with at least 10 companies including General Electric Co. and oil field-service businesses Schlumberger Ltd. and Halliburton Co. when President Donald Trump visit...
5/16/2017 - Energy Commodities - Saudi Arabia
Chevron's $54 Billion LNG Plant Hits New Snag in Australia
Chevron Corp.’s Gorgon liquefied natural gas plant shut a production train for about a month, at least the eighth outage since operations started 14 months ago at the most-expensive project in the com...
5/16/2017 - LNG Processing - Australia
China's Norinco & Saudi Aramco Line Up $10B Refinery Plan
Chinese defence conglomerate China North Industries Group Corp (Norinco) has signed a framework agreement with state-run oil company Saudi Aramco to build a refinery and chemicals complex in northeast...
5/16/2017 - Oil Treating & Refining - China
Saudi Arabia Oil Demand - May 2017
In Saudi Arabia, March 2017 oil demand returned to a declining trend as oil demand dropped sharply by 0.24 tb/d or 10% y-o-y, with total oil demand reaching around 2.13 mb/d. On a cumulative basis fro...
5/16/2017 - Oil - Saudi Arabia
Iran Increase Oil Exports to South Korea by Over 63%
South Korea considerably increased its crude oil imports from Iran in April as compared with the corresponding period in the last year. ...
5/16/2017 - Crude Oil - Iran
LyondellBasell Begins Construction of Hyperzone PE Plant at its La Porte Complex
LyondellBasell (LYB), one of the world's largest plastics, chemicals and refining companies, has broken ground on the first commercial Hyperzone polyethylene (PE) plant at its La Porte, Texas, complex...
5/15/2017 - Oil Treating & Refining - United States
Uruguay Update Rig and Equipment on First Drill Site
The Directors of Petrel Energy Limited (PRL) are pleased to announce that the New Force rig has been mobilised to site and is in final stages of setup with drilling to commence following final onsite ...
5/15/2017 - Rigs, Coring & Exploration - Uruguay
Important Documents Signed on SOCAR GPC Project in Beijing
Azerbaijani delegation takes part in the high-level international forum within ‘One Belt - One Road’ strategy started on May 14, in Beijing. The forum is attended by heads of state and government of 2...
5/15/2017 - Gas Processing - Azerbaijan
Aker BP Receives Consent to Use Maersk Invincible for Plugging Wells
Aker BP has received consent to use Maersk Invincible for plugging wells at Valhall. The consent applies to the use of Maersk Invincible for permanent plugging of wells drilled from the DP. ...
5/15/2017 - Rigs, Coring & Exploration - Norway
Why the Future of Africa’s Water & Oil Sectors is Key Focus of INDUTEC 2017
Africa’s leading industrial technology and supply expo INDUTEC 2017 opens its doors at 10am on Wednesday (May 17). ...
5/15/2017 - Pumps: Centrifugal - South Africa
Refinery Margins - May 2017
The US market saw strong support from the rally in gasoline crack spreads. This was on the back of increasing domestic gasoline demand, which recovered following a slump during 1Q17. Another supporti...
5/15/2017 - Oil Treating & Refining - Austria
Saudi Arabia, Russia Agree Oil Output Cuts until March 2018
Saudi Arabia and Russia, the world's two top oil producers, agreed to extend oil output cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices. ...
5/15/2017 - Oil - Saudi Arabia
Philippines to Import 260,000 bpd of Oil from Iran
The Philippines plans to buy 250,000 to 260,000 barrels per day of oil for use in a new refinery from Iran, President of state-own Philippines National Oil Co. (PNOC) Pedro Aquino says. ...
5/14/2017 - Oil - Iran
Italian Firm to Ink Valve Deal with Ilam Petchem Plant
Italy’s Dafram is about to sign a deal with Ilam Petrochemical Company for supply of largescale valves for the facility. Dafram’s representative at the Iran International Oil, Gas, Refining and Petr...
5/13/2017 - Valves - Iran
Iran Plans 70 Projects at Mahshahr PETZONE
Iran is planning to absorb finances for construction of 70 petrochemical projects at Mahshahr Special Economic Petrochemical Zone (PETZONE) in the southwestern province of Khuzestan, PETZONE’s managin...
5/13/2017 - Petrochemicals - Iran
Yokogawa Wins Order to Supply Analyzer House for Malaysia's RAPID Project
Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Kontrol (Malaysia), has won an order to supply process analysis system integration (SI) services and advanced solutions for the oi...
5/12/2017 - Analyzers, Gas - Japan
Alexey Miller & Vagit Alekperov Address Ongoing & Future Cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in Moscow today. The meeting addressed issues related to ong...
5/12/2017 - Gas Processing - Russia
Egypt Starts Weaning Itself off Foreign Gas as Output Surges
Egypt is holding talks with its liquefied natural gas (LNG) suppliers to defer contracted shipments this year and aims to cut back on purchases in 2018, as surging domestic gas production squeezes out...
5/11/2017 - LNG Carriers - Egypt
Proserv Secures Significant Decommissioning Project Awards
Energy services company Proserv has recently been awarded three contracts worth a combined value of more than $2.5million (approx. 21.5m Norwegian Krone) for decommissioning work in the Norwegian Nort...
5/11/2017 - Drill Bits and Cutters - Norway
IMO Tier III Compliant Wartsila Engines to Power Expedition Mega Yachts
The technology group Wartsila is to supply the main engines for a new and innovative expedition mega yacht, owned by Genting Hong Kong which also owns the MV WERFTEN yards in Germany where the vessel ...
5/11/2017 - Engines & Gen Sets - Hong Kong
Oil Trade - May 2017
In April, preliminary data shows that US crude oil imports went up to average 8.2 mb/d, an increase of 250 tb/d from last month and 579 tb/d from last year. On a year-to-date (y-t-d) basis, US crude ...
5/11/2017 - Oil - Austria
Tanker Market - May 2017
In April, tanker market sentiment weakened in both its dirty and clean sectors. Average spot freight rates dropped on most reported routes. Dirty tanker freight rates were down 4% from the month befo...
5/11/2017 - Tankers - Austria
Product Markets and Refinery Operations - May 2017
Product markets in the Atlantic Basin strengthened during April. This was supported by firmer domestic demand, amid higher export opportunities, which along with lower inflows due to heavy refinery ...
5/11/2017 - Oil Treating & Refining - Austria
World Oil Supply - May 2017
Preliminary data indicates that world oil supply fell by 0.41 mb/d in April to average 95.81 mb/d. However, global oil production was 831 tb/d higher than a year ago and increased by 363 tb/d y-o-y in...
5/11/2017 - Oil - Austria
World Oil Demand - May 2017
World oil demand for 2016 was revised up by around 65 tb/d to reflect the most recent data with the most notable change being in OECD Europe. Total world oil demand growth for 2016 stood at 1.44 mb/d,...
5/11/2017 - Oil - Austria
Feature Article - May 2017
Non-OPEC oil supply development
Low oil prices in 2016 led to a reduction of around 23% in global E&P investments compared to the previous year, together with the deferral of several upst...
5/11/2017 - Oil - Austria
Honeywell & SKF Launch Industrial Internet of Things Pilot Project
Honeywell Process Solutions and SKF have launched a joint pilot project aimed at developing Industrial Internet of Things (IIoT) solutions. The pilot project, at a copper mine in Latin America, aims t...
5/10/2017 - Engines & Gen Sets - United States
Tendeka Launches PulseEight Wireless Completion Technology
After significant R&D focus, Tendeka has recently launched PulseEight, the latest advance in wireless intelligent completion technology for the digital oilfield. Tendeka’s PulseEight system uses uniqu...
5/10/2017 - Downhole Completion Equipment - United States
Tunisian President Orders Army to Protect Oil & Gas Fields
Tunisia's President Beji Caid Essebsi ordered the army to protect phosphate, gas and oil production facilities after protests aimed at disrupting output broke out in the south of the country. ...
5/10/2017 - Security and Safety Equipment - Tunisia
Wartsila Introduces New Hybrid & Energy Storage Solutions
The technology group Wartsila announced new hybrid power plants, engines + storage and energy storage solutions to power markets globally. These new and innovative solutions provide Wartsila’s existin...
5/10/2017 - Engines & Gen Sets - Finland
Shell Proposes Adding Russian Oil to Brent Benchmark
Royal Dutch Shell on Wednesday urged oil pricing agency S&P Global Platts to protect the dated Brent crude benchmark from declining North Sea supply by including other grades, such as Russian Urals, i...
5/10/2017 - Crude Oil - Russia
Iran Starts Exports from South Pars Oil Layer
Iran exported the first cargo of crude oil to the tune of 700,000 barrels from the South Pars oil layer last week. ...
5/10/2017 - Oil - Iran
Ophir Energy Provides Fortuna FLNG Update
Ophir announces that further to the signing last week of the Umbrella Agreement for the Fortuna FLNG project, another milestone has been completed with the award of the Midstream construction contract...
5/10/2017 - LNG Processing - Equatorial Guinea
Yokogawa Introduces Release 4 of SMARTDAC+® GX/GP Series Paperless Recorders
Yokogawa Electric Corporation announces that it will introduce release 4 of the SMARTDAC+® GX series panel-mount type paperless recorder, GP series portable paperless recorder, and GM series data acqu...
5/9/2017 - Indicators and Recorders - Japan
Algeria Energy Minister to Visit Iraq, Backs Supply Cut Extension
Algeria's Energy Minister Nouredine Bouterfa will travel to Baghdad on May 10-11 for talks on OPEC issues with his Iraqi counterpart, the ministry said in a statement on Tuesday, as oil producers cons...
5/9/2017 - Oil - Algeria
Aramco to Cut June Oil Supplies to Asia by about 7 mln barrels
Saudi Aramco will cut oil supplies to Asia by about 7 million barrels in June, a source with direct knowledge of the matter said. ...
5/9/2017 - Oil - Saudi Arabia
Honeywell UOP and KFUPM Drive Economic Diversification in Saudi Arabia
In support of Saudi Arabia’s ongoing efforts toward economic diversification and localization initiatives, Honeywell UOP and King Fahd University of Petroleum & Minerals (KFUPM) have unveiled the deta...
5/9/2017 - Petrochemicals - Saudi Arabia
Africa Oil Supply - April 2017
In 2016, oil output in Africa is estimated to decline by 30 tb/d, to average 2.10 mb/d. Most African countries saw an oil production decline in 2016, which were partially offset by growth that came fr...
5/9/2017 - Oil - Congo
Downhole Flow Profiling Using Optical Fiber DTS
Optical fiber technology deployed in a well allows operators to accurately and frequently monitor the temperature of the fluids in the wellbore from the surface to the end of the fiber with a linear s...
5/8/2017 - Casing, Tubing & Drill Pipes - United States
Tendeka Strikes Major 2 Year Contract with Malaysian Operator
Tendeka has secured a two-year contract with a Malaysian Operator for the provision of Tendeka’s FloSure Elite Sand Screens with market-leading FloSure™ Autonomous Inflow Control Devices (AICDs). Thes...
5/8/2017 - Monitoring & Control - Malaysia
SKF Delivers Higher-Performance across its INSOCOAT Bearings Range
SKF’s INSOCOAT bearings range - comprises bearings with an electrically insulating coating on the external surfaces of its inner or outer ring, plasma-sprayed with an aluminium oxide coating. The coat...
5/8/2017 - Engines & Gen Sets - Sweden
Savannah Signs Rig Contract with Great Wall Drilling Company
Savannah Petroleum PLC (Savannah) is pleased to announce the signature by one of its subsidiaries of a formal rig contract with Great Wall Drilling Company Niger SARL (GWDC) for Rig GWDC 215. As annou...
5/8/2017 - Rigs - Niger
Statoil Receives Consent to use Songa Encourage at Troll
Statoil has received consent to use Songa Encourage for drilling and completing a production well on the Troll field. We have given Statoil consent to use the Songa Encourage mobile drilling facility ...
5/8/2017 - Rigs, Coring & Exploration - Norway
Petronas and Saudi Aramco Explore Petrochemicals Expansion in Malaysia
Malaysian state-owned oil company Petronas and its partner Saudi Aramco are studying projects to build more petrochemical plants to make full use of raw materials from their joint venture in Malaysia....
5/8/2017 - Petrochemicals - Malaysia
Fabricating 80% of Industrial Equipment Indigenized
According to Head of Procurement & Goods Affairs Department, around 80% of industry’s necessary goods are being domestically fabricated. ...
5/8/2017 - Process Equipment - Iran
Oil Recovery of Joint Reservoirs 30% up Under Hassan Rouhani
Recovery of oil from Iran’s southern oil fields rose by 30% under President Hassan Rouhani’s administration since 2013, an oil official says. ...
5/8/2017 - Oil - Iran
PGPIC & ITOCHU Ink Polyethylene Sales Deal
Persian Gulf Petrochemical Industries Company (PGPIC) and Japan's ITOCHU Corporation signed a deal for sale of polyethylene to the Japanese firm. ...
5/7/2017 - Petrochemicals - Iran
Iraq Declares the Primary Statistics of Oil Exports for April 2017
The ministry of oil declared the primary statistics of the exported Iraqi crude oil and the outcome for April 2017 according to SOMO Company. The oil exports for April was (97,574,813) barrels, while ...
5/7/2017 - Oil - Iraq
Gazprom & RusGazDobycha Sign Memorandum of Intent
Alexey Miller, Chairman of the Gazprom Management Committee, and Artem Obolensky, Director General of RusGazDobycha (a special-purpose company established by National Chemical Group), signed in St. Pe...
5/5/2017 - Petrochemicals - Russia
Atlas Copco Wins Orders from Hindustan Zinc to Enhance Mining Operations
Atlas Copco, a leading provider of sustainable productivity solutions, has won several recent orders from Hindustan Zinc in India for equipment that will make the mining company’s operations take a le...
5/5/2017 - Process Equipment - India
Azinor Catalyst Signs Rig Contract For Offshore Drilling Partridge in Q3 2017
Azinor Catalyst, the Seacrest Capital Group-backed E&P company focused on the United Kingdom Continental Shelf ('UKCS'), has awarded a rig contract to Diamond Offshore Drilling (UK) for the Ocean Guar...
5/5/2017 - Rigs - United Kingdom
Wartsila to Supply 73 MW Extension for Gas-Fired Power Plant in Turkey
The technology group Wartsila will supply 73 MW capacity equipment for an extension to a power plant owned by Yesilyurt Enerji Elektrik Uretim A.S, an Independent Power Producer (IPP) in Turkey. The ...
5/4/2017 - Process Equipment - Turkey
Austria's OMV Moves Workers in Tunisia over Gas Field Protests
Austrian energy company OMV has taken around 700 non-essential staff and contractors out of projects in southern Tunisia after protesters demanding jobs threatened to disrupt operations, the company s...
5/4/2017 - Security and Safety Equipment - Tunisia
ANP & Procon Sign Agreement to Control Fuel Quality
ANP and Procon / PA signed a technical cooperation agreement aimed at strengthening the regulation of fuel supply in Para. The agreement provides, among other things Actions, surveys carried out by se...
5/4/2017 - Fuel oil - Brazil
Iraq Exports First Shipment of Crude Oil to Egypt
The ministry of oil declared the exportation of the first shipment of crude oil which was (2) million barrels to Egypt through the southern ports. ...
5/4/2017 - Oil - Iraq
Major Equipment for New Euro+ Catalytic-Cracking Facility at Moscow Refinery Now Installed
Installation of a key element for the Euro+ combined oil refining unit (Euro+ CORU) at the Gazprom Neft Moscow Refinery is now complete. The installed reforming column — part of the secondary oil refi...
5/4/2017 - Oil Treating & Refining - Russia
Semi-Finalists for the International IQ-CHem Petrochemical Startup Contest Announced
The jury at the international IQ-CHem startup contest has selected its short-list of best petrochemical projects. The 12 selected startups will now advance to the IQ-CHem contest final, which will be ...
5/4/2017 - Petrochemicals - Russia
ABB to Support Smart City Development in South Africa
ABB will provide a seamless wireless network connectivity to an industrial area within Durban, South Africa’ third most populated city with more than 3 million people. Durban is also one of the countr...
5/4/2017 - Communication Equipment - South Africa
Wartsila 34DF Engines Awarded EPA Tier III Emissions Compliance Certification
The technology group Wartsila has been awarded model year 2017 certification of emissions compliance from the United States Environmental Protection Agency (EPA) for its Wartsila 34DF dual-fuel engine...
5/3/2017 - Engines & Gen Sets - United States
NOVATEK Signed Framework Agreement with TechnipFMC, Linde & NIPIGAS
NOVATEK (“NOVATEK”) signed a Framework Agreement on Strategic Cooperation (“Agreement”) with TechnipFMC, Linde AG and Research and Design Institute for Gas Processing (NIPIGAS). ...
5/3/2017 - LNG Processing - Russia
Sparrows Group Lands Centrica Crane Refurbishments
Sparrows Group has been awarded a contract to fully refurbish two offshore cranes for Centrica in the East Irish Sea. The 27-year-old cranes are sited on the Morecambe field’s DP6 and DP8 platforms of...
5/3/2017 - Cranes - United Kingdom
Tendeka Wins Extension to Sand Control Framework Agreement
Tendeka has been awarded an extension of its sand control framework agreement with Lundin Norway. The contract, initially secured in 2013 for a four-year period has been extended for two years, with t...
5/3/2017 - Monitoring & Control - Norway
ABB Inaugurates Traction Transformer Plant in South Africa
ABB inaugurated a new traction transformer production facility adjacent to its South African headquarters in Longmeadow, Johannesburg. ABB CEO Ulrich Spiesshofer inaugurated the new factory with The D...
5/3/2017 - Transformers - South Africa
Vitol to Acquire Rotterdam Splitter from Koch Supply & Trading
Commodities trader Vitol has agreed to buy an 85,000 barrel per day (bpd) condensate splitter in the Netherlands from Koch Supply and Trading, a subsidiary of U.S. conglomerate Koch Industries, Vitol ...
5/3/2017 - Oil - United States
China Oil Trade - April 2017
Following a drop encountered the previous month, China’s crude oil imports increased in February to stand at 8.3 mb/d, up by 273 tb/d or 3% from the previous month. Y-o-y, China’s crude imports were u...
5/3/2017 - Oil - China
Above 2 mln tons of Azerbaijani Oil Delivered from Ceyhan Port to World Market in April 2017
2 mln 085 thousand 526 tons of Azerbaijani oil were delivered from Ceyhan Port to the world market in April 2017. (1 mln 467 thousand 117 tons of this volume were the oil of the State Oil Fund of the...
5/2/2017 - Oil - Azerbaijan
Alfa Laval Wins SEK 210 million Energy-Efficiency Order in China
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply compact heat exchangers to a refinery in China. The order has a value of approximat...
5/2/2017 - Heat exchangers - China
TMC to Supply Compressors to Hoegh FSRU
TMC Compressors (TMC) has penned a contract with Hyundai Heavy Industries to supply a complete marine compressed air system to a new-build floating storage and regasification unit (FSRU) the South Kor...
5/2/2017 - Compressors, Air - South Korea
Steam Oil Signs Agreement for Offshore Steam Flooding Project
The Steam Oil Production Company (Steam Oil) has entered into a cooperation agreement with FluidOil, the independent international heavy oil technology company, to explore the potential of integrating...
5/2/2017 - Steam Generators - United Kingdom
Iran Seeking Total for LNG Exports to EU
Iran’s petroleum minister has hinted that the country is looking into the possibility of bringing in the French energy giant Total to develop a key project to liquefy natural gas for exports to Europe...
5/2/2017 - LNG Processing - Iran
Ophir, OneLNG & GEPetrol Sign Umbrella Agreement for Fortuna FLNG
The Republic of Equatorial Guinea, Ophir Holdings & Ventures Ltd, a subsidiary of Ophir Energy (Ophir), OneLNG SA and La Compa??a Nacional De Petr?leos De Guinea Ecuatorial (GEPetrol) have signed a de...
5/2/2017 - LNG Processing - Equatorial Guinea

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