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Gulfoilandgas.com's coverage of upstream and downstream equipment and technology. Topics include emerging oilfield equipment, equipment technologies and new products

JDR Wins Major Umbilical Contract
JDR, a leading supplier of subsea umbilicals and power cables to the global offshore energy industry, has been awarded a major steel tube umbilical contract by Cameron Ltd, on behalf of operator ONGC,...
3/15/2017 - Umbilical Lines - India
Belarus Purchases 1st Ever Iranian Oil Cargo
Belaruss BelOil Polska had purchased 600,000 barrels of Iranian Light and Heavy crude oil from National Iranian Oil Company (NIOC) for loading in February, the countrys first purchase of Iranian crude...
2/19/2017 - Oil - Iran
Lotos Seeking Long-term Iran Oil Supply Deal
Polands second-biggest refiner Lotos is eying for sealing a long-term oil supply deal with Iran. Lotos Chief Executive Officer Marcin Jastrzebski stated that the deal could be signed with Iran after ...
2/18/2017 - Oil - Iran
Iran Eyes 3mbd Refining Capacity by 2021
Iranian Minister of Petroleum Bijan Zangeneh says Irans hydrocarbon refining capacity will cross 3 million barrels per day by the end of the 6th five-year development plan to 2021. ...
2/17/2017 - Oil Treating & Refining - Iran
BP Weighing Upgrade of US Wind Turbines
BP Plc is weighing plans to update as many as 200 of its U.S. wind turbines with newer, higher-capacity equipment, a move that would represent the company’s biggest investment in renewable energy sinc...
2/17/2017 - Turbines (General) - United States
Lamprell Delivers New NDC Jack-up Drilling Rig
Lamprell, a leading provider of diversified engineering and contracting services to the energy industry, announces the completion of construction on a further jackup drilling rig, the “Al Hudairiyat”,...
2/17/2017 - Rigs - United Arab Emirates
Iraq Plans to Acquire 'Large Fleet' of Oil Tankers
Iraq plans to acquire a "large fleet" of oil tankers to transport the OPEC nation's crude to global markets, Oil Minister Jabar al-Luaibi said in a statement. ...
2/17/2017 - Tankers - Iraq
Gazprom’s Exports to Germany Add 37% Between February 1 and 15
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Brigitte Zypries, Germany’s Federal Minister for Economic Affairs and Energy, took place in Berlin. ...
2/17/2017 - Natural Gas - Russia
Flowserve Awarded Significant Contract to Supply Pumping Equipment
Flowserve Corporation (FLS), a leading provider of flow control products and services for global infrastructure markets, announced an order close to $80 million to provide pumps and ebulators for the ...
2/16/2017 - Pumps: Centrifugal - China
ExxonMobil Singapore Refinery to Expand Group II Base Stock Production
ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will strengthen the global supply of these products and e...
2/16/2017 - Oil Treating & Refining - Singapore
Gazprom Neft Implementing Advanced Process Control Systems at Moscow Refinery
An advanced process control (APC) system is currently being implemented at the Gazprom Neft Moscow Refinery, directed at increasing effectiveness and optimising the operation of the plant’s production...
2/16/2017 - Monitoring & Control - Russia
88 Energy Executes Rig Contract for Icewine-2 Appraisal Well
88 Energy has provided an update on Project Icewine, located onshore North Slope of Alaska. ...
2/16/2017 - Rigs - United States
Atlas Copco Awards Recognize Innovative Breaker & Compressor Monitoring Technology
Atlas Copco’s most prestigious awards this year recognize the development of a highly energy-efficient and ergonomic breaker, and a compressor monitoring technology that is generating significant savi...
2/15/2017 - Compressors - Sweden
Gazprom Capital LLC Places First Exchange-Traded Bonds
Gazprom capital LLC, a subsidiary of Gazprom, successfully placed two debut issues of exchange-traded bonds of the BO-5 and BO-6 series at the Moscow Exchange today. The bonds are worth a total of RUB...
2/15/2017 - Industrial Treatment Systems - Russia
OPEC Data Confirm Irans Oil Output within Limits
Irans crude oil production rose by 50,200 barrels per day in January over the previous month, reaching 3.75 million bpd, OPEC said in its monthly report on Monday, citing secondary sources, Financial ...
2/15/2017 - Crude Oil - Iran
US Product Market - January 2017
US gasoline demand stood at around 9.0 mb/d in December, approximately 110 tb/d lower than in the previous month and 170 tb/d lower than in the same month a year earlier. ...
2/15/2017 - Oil Treating & Refining - United States
Egypt Nearing Deal with Iraq in Search for Crude Oil Imports
Egypt is nearing a deal to import crude oil from Iraq and is looking to other countries to help secure supply, Egyptian General Petroleum Corporation's chief Tarek al-Hadidi said. ...
2/14/2017 - Oil - Egypt
TMC to Supply Compressors to FLNG Hilli
International compressor supplier Tamrotor Marine Compressors (TMC) has been awarded a contract by Golar LNG to supply the offshore market’s most energy efficient compressed air system to the Hilli FL...
2/14/2017 - Compressors, Air - Singapore
Gazpromneft & China Aviation Oil Sign New Agreement on Refueling in Russia
Gazpromneft-Aero, jet fuel business operator of Gazprom Neft, and Chinese national jet fuel supplier China Aviation Oil Hong Kong Co. Ltd. (CAOHK) signed a new agreement on fueling CAOHK designated ai...
2/14/2017 - Jet fuel - Russia
Shell & Pavilion Gas to Start Shipping LNG to Singapore in 2017
Shell Eastern Petroleum and Pavilion Gas will start supplying Singapore with liquefied natural gas (LNG) later in 2017 under contracts awarded last year, the city-state's trade minister said on Tuesda...
2/14/2017 - LNG Carriers - Singapore
Thai Oil Targets 2017 Refining Rate At 100-103% Of Capacity
Thailand's largest oil refiner Thai Oil said on Tuesday it aims to run its refinery at 100-103 percent of its 275,000 barrel-per-day (bpd) capacity in 2017, and has no plans for any maintenance shutdo...
2/14/2017 - Oil Treating & Refining - Thailand
Hyflux Signs MOU to Develop Three Desalination Plants in Saudi Arabia
Hyflux Ltd, through its wholly-owned subsidiary Hydrochem Saudi Limited, signed a Memorandum of Understanding (MOU) with the state-owned Saline Water Conversion Corporation (SWCC) following a public ...
2/13/2017 - Desalination Plant - Saudi Arabia
Saudi Aramco Inks First Oil Contract With China's Huajin
State oil giant Saudi Aramco has signed a contract with Chinese oil refiner North Huajin Chemical Industries Group Corp to supply crude in 2017, two sources with knowledge of the matter said on Monday...
2/13/2017 - Crude Oil - China
Malaysia's Petronas May Consider Relocating Canada LNG Project
Malaysia's state-owned oil firm Petroliam Nasional Bhd may consider relocating its Canadian liquefied natural gas (LNG) export terminal project, state news agency Bernama said on Monday quoting Chairm...
2/13/2017 - LNG Processing - Canada
Rosneft Boosted its Throughput at German Refineries & Increased Crude Oil Deliveries
Rosneft Deutschland GmbH (a Rosneft subsidiary) started operating business in Germany, key European market for refined products. Rosneft boosted its throughput at refineries in Germany to 12.7 mmt in ...
2/13/2017 - Oil Treating & Refining - Germany
Lotos Seeking Long-term Iran Oil Supply Deal
Polands second-biggest refiner Lotos is eying for sealing a long-term oil supply deal with Iran. Lotos Chief Executive Officer Marcin Jastrzebski stated that the deal could be signed with Iran after h...
2/13/2017 - Oil - Iran
Iran Says Positive Market Reaction to OPEC Decision will Continue
Iranian Minister of Petroleum Bijan Zangeneh described the oil market reaction to Organization of the output cut plan of the Petroleum Exporting Countries (OPEC) as desirable, saying the current trend...
2/12/2017 - Oil - Iran
Aghajari Saving Rls. 2.4 billion
More than Rls. 2.4 billion has been saved through 10 suggestions received from company's staff, announced Aghajari Oil & Gas Producing Company managing director. ...
2/12/2017 - Industrial Treatment Systems - Iran
No Trouble Talking Oil with Saudis
Iran has no trouble for talks with Saudi Arabia in order to stabilize the oil market, stated Minister of Petroleum Bijan Zangeneh as he praises OPEC commitment to production cuts. ...
2/11/2017 - Oil - Iran
McLaren & BP Castrol Confirm Technical Collaboration
McLaren has joined forces with BP and Castrol for the provision of Formula 1 fuels and lubricant technology as well as the supply of products for McLaren Automotive, the renowned British manufacturer ...
2/10/2017 - Fuel oil - United Kingdom
Abu Dhabi Seeks over 240,000 T Gasoline after Recent Fire
Abu Dhabi National Oil Co (ADNOC) is seeking over 240,000 tonnes of gasoline for March to April to plug a supply shortfall following a fire that shut half of the capacity at its oil refinery recently,...
2/10/2017 - Gasoline (Lead free) - United Arab Emirates
Iraq's Basra Oil Export Terminal Resumes Loadings after 24 hour Halt
Iraq's main oil export terminal, off the southern city of Basra, resumed loading after a 24-hour halt because of work to install a new pipeline feeding the facility, an executive at state-run South Oi...
2/9/2017 - Oil - Iraq
KNPC Signs Deal to Treat Liquid Sulfur
Kuwait National Petroleum Company (KNPC) announced that it has partnered with Gulf Spic General Trading and Contracting Company (GS), for a project to build facilities for the treatment of liquid sulf...
2/9/2017 - Oil Treating & Refining - Kuwait
Saudi Aramco, Baker Hughes Introduce ESP System
Saudi Aramco and Baker Hughes announced the first installation of the TransCoil™ rigless-deployed electrical submersible pumping (ESP) system, which is designed to help operators bring wells on produc...
2/9/2017 - Submersible Pumps - Saudi Arabia
Sparrows to Supply 103 Cranes for the East Anglia Wind Farm
Aberdeen-based Sparrows Group has signed a contract to supply 103 cranes for installation at ScottishPower Renewables’ 714 megawatt East Anglia ONE offshore wind farm. Located off the coast of Suffolk...
2/9/2017 - Cranes - United Kingdom
Halliburton Introduces Next-Generation Acoustic Analysis Service
Halliburton has announced the release of the Dash® Large Bore Subsea Safety System, which provides full electrohydraulic control of well safety and intervention functions. The fully customisable syste...
2/8/2017 - Design Software - United States
Sparrows to Supply Cranes for East Anglia ONE Wind Farm
Aberdeen-based Sparrows Group has signed a contract to supply 103 cranes for installation at ScottishPower Renewables’ 714 megawatt East Anglia ONE offshore wind farm. Located off the coast of Suffolk...
2/8/2017 - Cranes - United Kingdom
Excelerate Signs LOI with DSME for Seven FSRUs
Excelerate Energy (Excelerate) has executed a Letter of Intent (LOI) with Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of up to seven floating storage and regasification units (F...
2/8/2017 - LNG Carriers - United States
Shell Submits Brent Decommissioning Plans
Royal Dutch Shell is to call time on four decades of history as it prepares to publish multi-billion pound plans to dismantle the colossal oil rigs in the Brent oilfield in what will be viewed as a ma...
2/8/2017 - Rigs - United Kingdom
SOC Completes Cable Installation Works on the Veja Mate Offshore Wind Farm
Siem Offshore Contractors (SOC) is pleased to announce that all 73 inner array grid cables of the Veja Mate Offshore Wind Farm have been installed and trenched 10 weeks ahead of schedule. ...
2/7/2017 - Cables - United Kingdom
Iran & Poland to Cooperate in Petchem Industry
Iran's Petrochemical Special Economic Zone (PETZONE) has signed a memorandum of understanding (MoU) with a Polish company for knowledge transfer and investment in petrochemical projects. The deal was ...
2/7/2017 - Petrochemicals - Iran
Qatar Petroleum Joins Consortium to Develop Pakistan LNG Project
Qatar Petroleum (QP), Total, Mitsubishi, ExxonMobil, and Hoegh announced their commitment to advance a liquefied natural gas (LNG) import project in Pakistan in collaboration with Global Energy Infras...
2/7/2017 - Natural Gas - Pakistan
Middle East Oil Demand - January 2017
Oil demand in Saudi Arabia dropped sharply in November by a massive 0.29 mb/d, or 12.0% y-o-y. As a result, total product consumption dropped as low as 2.16 mb/d, the lowest monthly total recorded for...
2/7/2017 - Oil - Iraq
Siemens Completes Key Test of 3D-Printed Gas-Turbine Blades
German engineering group Siemens has run a successful test of power generation gas turbine blades produced wholly by metal-based 3D printing by UK-based Materials Solutions, which it bought last year....
2/6/2017 - Turbines: Gas - United Kingdom
Alstom to Supply Traction, Static Inverter & Train Control Monitoring Systems
Alstom has been awarded a 17 million euro contract by Shanghai Shentong to supply traction systems, static inverters (SIV), and train control monitoring systems (TCMS) for 64 new metro cars destined t...
2/6/2017 - Monitoring & Control - China
Qatar Petroleum Seeks International Projects in Cyprus, Morocco
Qatar Petroleum (QP) is exploring oil and gas in Morocco and Cyprus as it aims to expand its liquefied natural gas (LNG) assets abroad while trimming costs at home, chief executive Saad al-Kaabi said ...
2/6/2017 - LNG Processing - Morocco
Sohar Refinery Improvement Project 99pc Complete
Orpic, the nation’s refining and petrochemicals flagship, has announced the successful completion of a trio of major components at the heart of its multi-billion dollar upgrade of its refinery at Soha...
2/4/2017 - Oil Treating & Refining - Oman
Sales of G-Energy Lubricants Produced by Gazpromneft Increased by 30% in 2016
Sales of G-Energy lubricants, produced by Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, increased by 30 percent in 2016, to 41,000 tonnes, with sales of various premium-cla...
2/3/2017 - Lubricants, Oils & Greases - Russia
Atwood Oceanics Announces Program Changes for Australia Rigs
Atwood Oceanics, Inc. (ATW) announced that its Australia operating subsidiary's drilling services contract with Woodside Energy Ltd ("Woodside"), as operator, for the semisubmersible Atwood Osprey has...
2/3/2017 - Rigs - Australia
West African Push to Clean Up Toxic Fuel Hits Snags
A West African drive to clean up toxic fuels that campaigners say pose a health hazard to millions has run into difficulties less than two months after it was announced, according to importers, trader...
2/2/2017 - Desalination Plant - Nigeria
Egypt Explores for Natural Gas With Eye on Exports by 2019
Egypt may announce new discoveries of natural gas by the second half of this year, Oil Minister Tarek El Molla said, bringing it closer to its goal of self-sufficiency by 2019. ...
2/2/2017 - Natural Gas - Egypt
Senvion Installs Largest Rotors in France
Senvion, a leading global manufacturer of wind turbines, has completed the installation of five Senvion 3.0M122 wind turbines, equipped with a 122 meter rotor diameter, the largest rotor ever installe...
2/2/2017 - Turbines (General) - France
Latin America Oil Supply - January 2017
Oil supply from Latin America is predicted to increase by 0.21 mb/d, to average 5.33 mb/d in 2017, despite declining in 2016. Brazil’s liquids supply is estimated to average 3.15 mb/d in 2016, an incr...
2/2/2017 - Oil - Brazil
Parker Hannifin Corporation Acquires Helac Corporation
Parker Hannifin Corporation, the global leader in motion and control technologies, has acquired Helac Corporation, headquartered in Enumclaw, WA. Helac specializes in the design and manufacture of hel...
2/1/2017 - Valve Actuators - United States
ABB Microgrid to Bring Clean Energy & Power Reliability to Alaska Community
ABB will provide an innovative microgrid, combining battery and flywheel based storage technologies, designed to test scalability and improve power stability for around 300,000 people in Anchorage, Al...
2/1/2017 - Batteries - Switzerland
SKF Destroys 15 Tons of Fake Bearings
SKF has recently completed legal proceedings against a dealer of counterfeit bearings in Greece. Initiated in 2009, a total of 15 tons of counterfeit SKF bearings were seized as part of a raid at a de...
2/1/2017 - Engines & Gen Sets - Sweden
Crude Oil Prices in the World Market in January 2017
In January 2017, price for Brent crude oil in the world market was $ 54,67 per barrel, Urals oil - $ 53,66 and BTC FOB Ceyhan crude oil - $ 55,14.
2/1/2017 - Crude Oil - Azerbaijan
Crude Oil & Oil Products Export for January 2017
SOCAR has exported 79 thousand 935 tons of crude oil from Novorossiysk port, 176 thousands 109 tons from Supsa port, 1 398 thousands 440 tons from Ceyhan port in January 2017. The indices of crude oil...
2/1/2017 - Crude Oil - Azerbaijan
Aramco Deploys Innovative Electrical Submersible Pumping System
Saudi Aramco has announced the successful installation and functional test of the collaboratively developed Baker Hughes TransCoil rigless deployed electrical submersible pumping (ESP) system. ...
2/1/2017 - Submersible Pumps - Saudi Arabia
West Africa Oil Floods to Asia in Latest Sign of OPEC Impact
West African oil producers this month will send the most crude to Asia in at least five years, the latest sign of how refineries in the world’s biggest demand region are scouring the world to replace ...
1/31/2017 - Crude Oil - Nigeria
Kenyan Slum Seeks to Turn Sewage into Gold with Recycling Plant
Abdullahi Ibrahim’s dream to set up a fruit-juice business has so far been thwarted by water scarcity in Kenya’s biggest slum, Kibera. But the 19-year-old is confident a reliable water supply - which ...
1/31/2017 - Water treatment Plant - Kenya
Siemens Overdelivers on Promise in Egypt Megaproject
In June 2015, Siemens was awarded its single biggest order ever for the expansion of the Egyptian power supply. Now, only 18 months after the signing of the contract, Siemens has set a new worldwide b...
1/31/2017 - Electricity - Egypt
Venezuela's Paraguana Refineries at 42% of Capacity
Venezuela's Paraguana refining complex was operating at about 42 percent of capacity, a union official said, citing an internal report that came amid chronic unit stoppages in the crisis-hit OPEC coun...
1/31/2017 - Oil Treating & Refining - Venezuela
UAE Exports over 26mn barrels of Crude Oil to Japan
Japan imported 26.097 million barrels of crude oil from the UAE in December 2016, according to the latest data released by the Agency of Energy and Natural Resource in Tokyo. ...
1/31/2017 - Oil - United Arab Emirates
Chevron Extends Contract for Blackford Dolphin
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has agreed an extension of its current contract with Chevron North Sea Ltd for the semi-submersible Blackford Dolphin. The extension cover...
1/31/2017 - Rigs - Norway
DOF Awarded New Contract in Brazil
DOF's subsidiary Norskan Offshore Ltda has been awarded a 1+1 year contract with Petrobras for Skandi Botafogo. The contract will commence 15 February. Skandi Botafogo is an AHTS, UT 722L, built in Br...
1/31/2017 - Transportation and Vehicles - Brazil
Alstom to Provide New Automation Systems for Lines B and D of the Lyon Metro
Alstom and the SYTRAL have signed a contract worth 91 million euros for the supply of new automatic operation systems to lines B and D of the Lyon metro. The automatic start-up of line B is planned fo...
1/31/2017 - Automatic welding equipment - France
Marubeni to Enter into Power Purchase Agreement for Jawa 1 Gas-Fired IPP Project
PT Jawa Satu Power, a special purpose company sponsored by Marubeni Corporation (“Marubeni”), PT Pertamina (Persero) (“Pertamina”) and Sojitz Corporation (“Sojitz”), entered into a long-term power pur...
1/31/2017 - Electricity - Indonesia
Asian Product Market - January 2017
The Asian market continued to be relatively healthy during December on the back of firm regional demand. However, pressure coming from the supply side with the end of the maintenance season caused ref...
1/31/2017 - Oil Treating & Refining - Singapore
Karoon Petchem Plant Exports Aniline to India
Karoon Petrochemical Plant has exported two aniline cargoes to India. Operator of Karoon Petrochemical Complex said on Monday that phase two of the plan has come online and it has sent a 50-ton and 16...
1/30/2017 - Petrochemicals - Iran
Land Cable Connections for the East Anglia One Offshore Wind Farm
Prysmian Group, world leader in the energy and telecom cable systems industry, has secured a £ 27million contract with East Anglia One Limitedto supply and install the land cable connection for the Ea...
1/30/2017 - Cables - United Kingdom
ABB Wireless Network to Enable Centralized Monitoring & Control in New York
Central Hudson Gas & Electric (Central Hudson), has begun territory-wide deployment of an ABB wireless communications network, which will provide a foundation for aggregating multiple utility applicat...
1/30/2017 - Monitoring & Control - United States
Repsol Sinopec Further Extend the Safe Boreas Charter
Repsol Sinopec Resources UK Limited (formerly Talisman Sinopec Energy UK Limited) has exercised further options to extend the charter of the Safe Boreas by a total of 17 days. The firm operational per...
1/30/2017 - Rigs - United Kingdom
New Super-Efficient Gas Turbines at Annual Meeting in Florence
Building on its culture of partnership and co-creation, GE Oil & Gas today introduced two new technologies at the 2017 Annual Meeting, in Florence, Italy: super-efficient gas turbines LM9000 and NovaL...
1/30/2017 - Turbines: Gas - United States
AG&P Signs MoU with Hindustan LNG to Build New LNG Import Terminal
AG&P (Atlantic, Gulf and Pacific Company), the leading global integrator of LNG infrastructure solutions including LNG terminals and the supply chains that emanate from them, and Hindustan LNG (HLNG),...
1/30/2017 - LNG Processing - India
Forecast for 2017 Balance of Supply and Demand - January 2017
For 2017, demand for OPEC crude is projected to increase by 0.9 mb/d to average 32.1 mb/d. The first and the second quarters are expected to increase by 1.6 mb/d and 0.4 mb/d, respectively, while the ...
1/30/2017 - Oil - Austria
Iran & Poland to Cooperate in Petchem Industry
Iran's Petrochemical Special Economic Zone (PETZONE) has signed a memorandum of understanding (MoU) with a Polish company for knowledge transfer and investment in petrochemical projects. ...
1/29/2017 - Petrochemicals - Iran
Tembi Pumping Station Comes Online
According to Managing Director of Masjed Soleyman Oil & Gas Producing Company Tembi pumping station, has been operational. Aiming to transmit Parsiyah and Masjed Soleyman‘s crude oil, Tembi pumping st...
1/29/2017 - Crude Oil - Iran
Japan Imports Iranian Major Condensate Cargo
Japan has started importing Iranian condensate – a form of ultra light oil - from two newly launched phases of the countrys giant South Pars gas field. ...
1/28/2017 - Oil - Iran
Haya Water Signs Agreement with Tabreed Oman to Provide Treated Water
Haya Water has signed an agreement with Tabreed Oman Company to sell treated wastewater. As per the agreement, Haya Water will provide approximately 2,000 cubic metre of water per day for the ‘Palm Ma...
1/28/2017 - Water Treating - Oman
Ghana's Only Oil Refinery Shut after Explosion
Ghana's only oil refinery, the Tema Oil Refinery, is shut after an explosion at a newly installed 5.8-million-euro crude oil heating unit, a senior union official said. The blast at the crude distilla...
1/27/2017 - Oil Treating & Refining - Ghana
Release of Rig Tender and Company Update
In preparation for its drilling programme in Blocks IV and V, which is expected to commence in mid-2017, the Company announces that it has today issued a tender for a drilling rig and related services...
1/27/2017 - Rigs - Mongolia
Malaysia's Petronas Says RAPID Project Remains On Track
Malaysia's state oil firm Petroliam Nasional Berhad (Petronas) is pushing ahead with plans to start operations in 2019 at a large refining and petrochemical complex in the southeast of the country des...
1/27/2017 - Oil Treating & Refining - Malaysia
Petro Matad Issues Rig Tender for Mongolia Drilling
In preparation for its drilling programme in Blocks IV and V, which is expected to commence in mid-2017, the Company has issued a tender for a drilling rig and related services. In 2016, the Company p...
1/27/2017 - Rigs - Mongolia
Statoil Receives Consent to Use Songa Encourage
Statoil has received consent to use Songa Encourage for well activities at Norne, Norne satellites and Alve. Statoil is the operator of the Norne field in the Norwegian Sea, west of Mo i Rana in Nordl...
1/27/2017 - Rigs, Coring & Exploration - Norway
Deep Sea Awarded Brazilian Contract
Deep Sea Supply is pleased to announce that the company has been awarded a new time charter contract for the AHTS vessel "Sea Tiger" for operations in Brazil. The firm period of the contract is 1 yea...
1/26/2017 - Transportation and Vehicles - Brazil
Iraq to Double Oil Export Capacity at Terminal to 1.2 million bpd
Iraq has started work to double the crude oil loading capacity at one of its two southern offshore oil export terminals to 1.2 million barrels per day, state-run South Oil Company (SOC) said. ...
1/26/2017 - Oil - Iraq
Heerema Sleipnir Contract to TMC Compressors
International compressor supplier Tamrotor Marine Compressors (TMC) has been awarded a contract by Sembcorp Marine to supply compressed air systems to the new build Heerema Sleipnir crane vessel. ...
1/26/2017 - Compressors, Air - United Kingdom
China's Oil Majors Set to Lift Capex for First time in Years
China's oil majors are expected to pump up spending in 2017 for the first time in years, scrambling to squeeze more barrels of crude out of ageing domestic wells in the hope that higher prices are her...
1/26/2017 - Industrial Treatment Systems - China
Trends in Selected Commodity Markets - January 2017
Commodity market sentiment was generally lifted by higher oil prices during the month as a result of announced OPEC and non-OPEC production adjustments. Meanwhile, metal commodity prices were supporte...
1/26/2017 - Oil - Austria
PDO Signs Duqm $1.2B Pipe Supply Contract
Petroleum Development Oman (PDO) signed a US$1.2 billion contract to supply piping for its drilling operations through Duqm. The five-year deal with Japanese supplier Sumitomo further includes a new s...
1/26/2017 - Pipe Drilling and Tapping - Oman
Ocean Installer Awarded a Contract for Riser Installation Work in Australia
The firm work scope encompasses the installation of flexible risers and flowlines as well as options for additional support work. Ocean Installer is conducting the work as a subcontractor to McDermott...
1/26/2017 - Pipes - Australia
TechnipFMC Receives Well Intervention Work from INPEX
A subsidiary of TechnipFMC has entered into an agreement with INPEX Operations Australia for Riserless Light Well Intervention (RLWI) services in the Ichthys field, approximately 220-kilometers offsho...
1/26/2017 - ROV - Australia
Fast track service for pressure relief requirements

UK-based, pressure rel...

1/25/2017 - Pressure Relief & Rupture Devices - United Kingdom
GE Proposes Investing in Nigeria's Ailing Oil Refineries
General Electric Co has proposed investing in Nigeria's oil refineries, potentially convening a consortium of companies to improve capacity at the run-down facilities. GE's plan and similar promises f...
1/25/2017 - Oil Treating & Refining - Nigeria
Saudi Aramco Shelves Plan for Joint Venture with Malaysia's Petronas
Saudi Aramco has shelved plans for a partnership with Malaysian state-oil firm Petroliam Nasional Berhad in a $27 billion refining and petrochemical project in the southeast Asian country, industry so...
1/25/2017 - Oil Treating & Refining - Saudi Arabia
Odjfell's Deepsea Metro I Secures Work in Philippines
Odfjell Drilling has, on behalf of Golden Close Maritime Corp. Ltd., secured a one well contract for the ultra deepwater drillship, Deepsea Metro I, through the signing of a contract with Galoc Prod...
1/25/2017 - Rigs - Philippines
Dolphin Drilling Gets One Well Extension for Bideford Dolphin
Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has entered into a one well contract extension with Statoil for use of the semi-submersible drilling rig Bideford Dolphin for operation on ...
1/24/2017 - Rigs - Norway
China Oil Trade - January 2017
China’s crude imports increased by 1.1 mb/d, or 16%, in November to average 7.9 mb/d, compensating for the drop in crude imports it saw a month earlier. At the same time, China’s refinery throughput i...
1/24/2017 - Oil - China
LUKOIL & Gazprom Discuss Cooperation on Gas
?President of LUKOIL Vagit Alekperov and Chairman of the Management Committee of Gazprom Alexey Miller held a working meeting, in Moscow today. ...
1/23/2017 - Natural Gas - Russia

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