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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
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Asian Product Markets and Refinery Operations – April 2012
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The Asian market continued bearish on the back of increasing supplies outpacing the regional seasonal weak demand, causing margins to fall, with the exception of fuel oil, which remained strong on the... |
 5/22/2013 - Oil Treating & Refining - Vietnam |
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Zinfra Wins an AU $36Mln Contract on Wheatstone Project
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Zinfra is pleased to announce it has entered into an agreement with Bechtel for the design and construction of a 132 kV High Voltage Power Cable System for the Chevron-operated Wheatstone Project in W... |
| 5/21/2013 - Cables - Australia |
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Gazprom Neft to Invest 50 Billion Rubles in Moscow Refinery
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Gazprom Neft has adopted a mid-term investment program for its Moscow Oil Refinery. The company will invest over 50 billion rubles in modernization of the enterprise in 2013-2015, which will make it p... |
| 5/20/2013 - Oil Treating & Refining - Russia |
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SOCAR Turkey Signs STAR Refinery Construction Agreement
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An agreement on construction of the Star refinery was signed at Chiraghan Hotel in Turkey. The document was signed by head of SOCAR Investments Division and Petkim’s Chairman of Board Vagif Aliyev, Ch... |
| 5/20/2013 - Oil Treating & Refining - Turkey |
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Aramco Upgrades GOSP with GE’s Technology
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GE (GE) has replaced an aging compressor control system at Saudi Aramco’s Haradh gas/oil separation plant in Saudi Arabia’s Eastern Province with advanced technology that automates the control process... |
| 5/20/2013 - Compressors, Gas - Saudi Arabia |
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Oceaneering Announces Burullus Phase IXa Contract
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Oceaneering International, Inc. announced that it has secured a contract from Saipem to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore Egypt. ... |
| 5/20/2013 - Umbilical Lines - Egypt |
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Newpark Resources Announces Middle East Contract Award
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Newpark Resources, Inc. announced that it has been awarded and has entered into a contract with the Kuwait Oil Company to provide drilling fluids and related services for land operations. The agreemen... |
| 5/20/2013 - Fluids Drilling, Completion, Workover & Stimulation - Kuwait |
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Turkey, Egypt Agree with Iran Proposed Petrochemical OPEC
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Iranian deputy oil minister says, Turkey and Egypt has agreed with Irans proposal to form an international petrochemical association much like Organization of Petroleum Exporting Countries (OPEC), sta... |
| 5/20/2013 - Petrochemicals - Iran |
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BP One Step Closer to Completion of Carson Refinery
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BP announced that it expects to complete the sale of its Carson Refinery and Southwest U.S. retail assets to Tesoro Corporation in the second quarter of this year now that the transaction has received... |
| 5/17/2013 - Oil Treating & Refining - United States |
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SPDC Declares Force Majeure on Gas Supplies to NLNG
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Shell Petroleum Development Company Limited (“SPDC”) has declared force majeure on gas supplies to Nigeria LNG, effective 09:00 hrs (Nigerian time) on Wednesday, May 15 2013. ... |
| 5/16/2013 - Gas Processing - Nigeria |
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Cargotec Wins EUR 22 Million to Deliver AHC Subsea Crane
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Cargotec's MacGregor has received EUR 22 million order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The c... |
| 5/16/2013 - Cranes - South Korea |
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TOYO Awarded FEED for Polyethylene Plant in USA
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Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) was awarded a contract from Sasol North America, Inc. (Sasol) to provide Front End Engineering Design (FEED) services for a 4... |
| 5/16/2013 - Polyethylene - United States |
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Expanding Line of Micro Motion ELITE Coriolis Flowmeters
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Emerson Process Management has added the Micro Motion ELITE CMFS sensor platform to its line of Coriolis flowmeters to deliver precise measurement to smaller line sizes (pipelines less than 2 inches o... |
| 5/15/2013 - Flowmeters - United States |
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Total Buys Shell's Retail Network in Egypt
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French oil company Total SA Wednesday confirmed it acquired Royal Dutch Shell PLC's fuel retail network in Egypt as part of its strategy to strengthen its distribution position in the country and wide... |
| 5/15/2013 - Petrochemicals - Egypt |
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Construction of Kazachya Compressor Station Starts
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The construction of the Kazachya compressor station (CS) started in the Krasnodar Territory. At the moment, the foundation is being built for the station facilities. ... |
| 5/15/2013 - Compressors, Gas - Russia |
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Orpic Plans Study to Build $4b Project
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Oman Oil Refineries and Petroleum Industries Company (Orpic) plans to conduct a study for a proposed steam cracker plant to produce polypropylene and polyethylene as part of its business development p... |
| 5/14/2013 - Polyethylene - Oman |
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Technip Awarded EPCI Contract in Norway
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Technip was awarded by Statoil an engineering, procurement, construction and installation lump-sum contract for the Norne field development, located in the Norwegian Sea at a water depth of approximat... |
| 5/14/2013 - Pipes - Norway |
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Gazprom & Petrovietnam Sign MOU in Natural Gas Use
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In Moscow Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Nguyen Vu Truong Son, Vice President of Petrovietnam State Oil and Gas Corporation signed in the presence of Dmitry M... |
| 5/14/2013 - Diesel Fuel - Russia |
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Cathelco Supply Pipework Anti-Fouling Systems
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Cathelco have won a series of orders to supply seawater pipework anti-fouling systems for jackup rigs which are to be built by Lamprell Energy Ltd, the UAE based provider of diversified engineering se... |
| 5/13/2013 - Cathodic Protection - United Arab Emirates |
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Mashreq to Build Fuel Terminal on the Suez Canal
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Citadel Capital, the leading investment company in Africa and the Middle East, announced today that core platform company Mashreq Petroleum has signed a 25-year concession agreement with the East Port... |
| 5/13/2013 - Tankers - Egypt |
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Gazprom Neft Launches New Associated Gas Utilization Project
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Gazprom Neft is beginning a project to build a compressor station at Yety-Purovskoye field (developed by Gazprom Neft Noyabrskneftegaz) in Yamalo-Nenets Autonomous Okrug. The new compressor station, w... |
| 5/13/2013 - Compressors, Gas - Russia |
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The Light-Sweet/Heavy-Sour Crude Spread
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In Europe, sweet/sour differentials narrowed as demand for medium-sour Urals received a boost from arbitrage with several cargoes seen leaving for both Asia and the USGC over March. The drop in the li... |
| 5/13/2013 - Crude Oil - Austria |
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Tanker Market - May 13
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Global fixtures in April declined by 2.4% compared with the previous month to average
17.44 mb/d. According to preliminary data, OPEC spot fixtures were stable from last
month’s level to average12.8... |
| 5/12/2013 - Tankers - Austria |
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Product Markets and Refinery Operations - May 13
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Product markets continued losing ground in April due to sharp declines in light and
middle distillate cracks, pressured by increasing supplies, along with weaker demand
worldwide. Refinery margins i... |
| 5/12/2013 - Oil Treating & Refining - Austria |
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Iran to Build 6 Oil Refineries in Africa
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Iran will establish six oil refineries in Africa, the chairman of the union of Iranian exporters of oil derivatives announced. ... |
| 5/12/2013 - Oil Treating & Refining - Iran |
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Sipchem Starts Up Ethyl Acetate & Butyl Acetate Plant
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Saudi International Petrochemical Company (Sipchem) announces the start-up of ethyl acetate (EA) & butyl acetate (BA) plant owned by Sipchem Chemicals Company (fully owned by Sipchem) at its complex i... |
| 5/10/2013 - Petrochemicals - Saudi Arabia |
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Bowtech Wins Contract by ROVOP to Supply Cameras & Lights
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Bowtech Products Ltd, a global market leader in subsea vision systems, today announced that it has been awarded a contract by ROVOP to supply cameras and lights, which will equip two new ROV systems. ... |
| 5/9/2013 - Surveillance Equipment - Scotland |
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Sionix Reports Results From Second Frack Water Treatment
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Sionix Corporation announced that it has completed the second and final demonstration phase of testing its proprietary water treatment technology in the Williston Basin of North Dakota. ... |
| 5/9/2013 - Waste Water Treatment Plant - United States |
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Ophir & BG Group Extend Deepsea Metro I Rig Contract
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Ophir Energy plc (Ophir) announces that it has secured a drilling rig and executed a letter of agreement for Rig Share Assignment with BG Group for the continuation of its 2013- 2014 East African offs... |
| 5/9/2013 - Rigs, Coring & Exploration - Tanzania |
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The Crude Oil Futures Market Structure
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The Nymex WTI market structure narrowed over the month as new pipelines started to reduce the bottleneck in the Cushing area, the home of WTI. The Longhorn pipeline — which was reversed to run from Cr... |
| 5/9/2013 - Crude Oil - Austria |
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Emerson’s Americas Headquarters for Valve Technologies
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Emerson Process Management, a business of Emerson, has opened its new $30 million Americas headquarters for valve automation technologies and a new, highly automated and sophisticated manufacturing fa... |
| 5/8/2013 - Valve Actuators - United States |
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Technip Awarded Two Subsea Contracts in Canada
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Technip was awarded by Husky Oil Operations two contracts, with a combined substantial value, for the planned subsea tieback of the South White Rose Extension field. The field is an extension of the W... |
| 5/8/2013 - Umbilical Lines - Canada |
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Daniel 3818 Ultrasonic Flow Meter for LNG Applications
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Emerson Process Management announces the new Daniel 3818 Liquid Ultrasonic Flow Meter for liquefied natural gas applications. Specifically designed for reducing flow measurement uncertainty throughout... |
| 5/7/2013 - Ultrasonic Flowmeter - United States |
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Sulzer Pumps Supplies to New FPSO Vessel in Brazil
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Sulzer Pumps will supply 3 water injection pump packages and topside API 610 process pumps for installation on a new FPSO vessel that will operate in the Iracema Norte area of a pre-salt oil field off... |
| 5/7/2013 - Pumps: Centrifugal - Brazil |
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KONGSBERG Secures Contract for Advanced Seismic Vessel
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Kongsberg Evotec AS, a Kongsberg Maritime company, will provide the complete back deck solution for handling of up to 20 streamers simultaneously aboard a GC Rieber owned new-build seismic exploration... |
| 5/7/2013 - Geophysical Equipment/Locator & downhole - Norway |
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Emerson to Supply Control Systems for Dockwise’s Vessel
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Dockwise, a global leader in the transport and offshore installation of extremely large and heavy structures, has selected Emerson Process Management, a business of Emerson, to supply the control syst... |
| 5/6/2013 - Monitoring & Control - Netherlands/Holland |
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Nexans Wins 25 Million Euro Contract for Lianzi Project
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Nexans, a worldwide expert in the cable industry, has been awarded a 25 million Euro contract by Subsea 7, a global leader in seabed-to-surface engineering, construction and services to the offshore e... |
| 5/6/2013 - Pipeline Heating Equipment - Angola |
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INOVA Launches G3i Digital for Subsurface Imaging
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INOVA Geophysical announces the launch of G3i Digital, a new high-capacity, cable-based land seismic acquisition system that captures higher resolution, multicomponent data for enhanced imaging and im... |
| 5/6/2013 - Cables - United States |
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CHC Helicopter to Provide Flying Services for Shell
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Shell International Exploration and Production B.V. has selected CHC Helicopter, the world’s leading offshore helicopter services provider, for a five-year, multi-million dollar contract to support Sh... |
| 5/6/2013 - Helicopter - Canada |
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Siemens to Deliver 3 SGT-500 Gas Turbines to Nigeria
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Siemens Energy has been awarded an order for three of its model SGT-500 gas turbines, marking the first deliveries of such units to Nigeria. Customer is Edo Cement, a company belonging to the Nigerian... |
| 5/3/2013 - Turbines: Gas - Nigeria |
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Saipem Selects BMT for Riser Monitoring in Brazil
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Saipem has contracted BMT Scientific Marine Services (BMT) a subsidiary of BMT Group Ltd, to provide riser monitoring systems for two Free Standing Risers (FSHRs) and four Steel Lazy Wave Risers (SLWR... |
| 5/2/2013 - Pipes - Brazil |
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ABB Acquires LGR, Adding Innovative Gas Analytical Solutions
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ABB, a global leader in electric power and automation, announced that it has agreed to acquire Los Gatos Research (LGR) of Mountain View, California, to add a new line of high-performance gas analyzer... |
| 5/2/2013 - Analyzers, Gas - United States |
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EMAS Wins US$75 Million SURF EPCI Contract from Statoil
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EMAS AMC, the subsea services division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry and the operating brand of Ezra Hol... |
| 5/2/2013 - Manifold - Norway |
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Rialto Enters Agreement Regarding Vantage Sapphire Rig
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The Company has entered into an agreement with Vantage Drilling Company (Vantage) regarding payment terms in relation to the early termination of the rig contract regarding the Vantage Sapphire Drilli... |
| 5/1/2013 - Rigs - Ivory Coast (Cote D'Ivoire) |
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Genel Signs Rig Contract for African Drilling Programme
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Genel Energy is pleased to announce that it has signed a drilling rig contract with Noble Corporation (Noble) for its African offshore drilling programme. The Noble Paul Romano deepwater, semi-submers... |
| 5/1/2013 - Rigs - United Kingdom |
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Crude Oil & Oil Products Export for April 2013
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SOCAR Marketing and Economic Operations Department exported 159 thousand 155 tons of crude oil from the Novorossiysk Port, 242 thousand 367 tons of crude oil from the Supsa Port, and 1 million 830 tho... |
| 5/1/2013 - Crude Oil - Azerbaijan |
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Iran Invests $10bln in Gas-Oil Separation Capacity
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Iran plans to increase investment in gas-oil separation projects in the Fifth Five-Year Development Plan (2010-2015), a deputy oil minister, adding that the country has already invested a sum of $10 b... |
| 5/1/2013 - Separators - Iran |
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Emerson Extends Alarm Management & Actuator Capability
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Emerson Process Management has released cost-saving new diagnostic capabilities in its FieldQ rack & pinion fully integrated valve actuator and controls. The updated capabilities greatly simplify dail... |
| 4/30/2013 - Monitoring & Control - United States |
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New Gateway from Semaphore Integrates Multiple Device Types
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CSE-Semaphore, a CSE Global company, has announced a new gateway that enables multiple device types to connect to cellular and IP SCADA networks. The TBox TG2 TeleControl Gateway is the first remote g... |
| 4/30/2013 - Monitoring & Control - United States |
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Woodside Agreed to Use Shell’s FLNG Technology
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Woodside advises that it has entered into an agreement with Shell that sets out the key principles that
would apply if the Browse resources are developed using Shell’s Floating LNG (FLNG) technology.... |
| 4/30/2013 - LNG Processing - Australia |
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Rosneft and Mitsui Sign MOU to Jointly Develop FEPCO Project
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Rosneft and Mitsui signed a Memorandum of Understanding to jointly develop FEPCO project - one of the largest petrochemical projects globally. The MoU was signed by Rosneft President and Chairman of t... |
| 4/29/2013 - Oil Treating & Refining - Russia |
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COSL Signed Contract for 12-Streamer Seismic Vessel
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China Oilfield Services Limited signed an agreement to commission construction of 12-Streamer Seismic Vessel, HYSY721 by Shanghai Shipyard Co. Ltd. ... |
| 4/26/2013 - Geophysical Equipment/Locator & downhole - China |
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BMT Awarded Patent for its Strain Measurement System
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BMT Scientific Marine Services (BMT), a subsidiary of BMT Group Ltd, has been granted a patent for its strain measurement system and unique attachment scheme that can be integrated into the insulation... |
| 4/24/2013 - Steel Pipes - United States |
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RAE Introduces ProRAE Guardian Software Development Kit
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RAE Systems Inc., the leader in innovative toxic-gas and radiation detection solutions, announced the introduction of ProRAE Guardian™ SDK, the industry’s first open XML-based software development kit... |
| 4/24/2013 - Gas Software - United States |
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Yokogawa Releases FIELDEYE II Camera for Plant Monitoring
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Yokogawa Electric Corporation announces the April 26 release of the first model in the new FIELDEYE II series of all-weather CCD cameras for the monitoring of plant facilities and premises. This new m... |
| 4/24/2013 - Surveillance Equipment - United States |
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The Crude Oil Futures Market
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Crude oil futures prices declined in the month of March, with prices for both Brent and WTI falling well below last month’s highs. Reduced refinery demand due to substantial maintenance worldwide was ... |
| 4/24/2013 - Crude Oil - Austria |
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Asian Product Markets and Refinery Operations – Mar 2013
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The Asian market became bearish on the back of weak regional demand which — along with increasing supplies — caused cracks to fall, despite heavy maintenance in the region.
The gasoline cra... |
| 4/24/2013 - Oil Treating & Refining - China |
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Gazprom LNG Production and Supply Strategy
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The Gazprom Board of Directors took notice of the information about the progress with preparing proposals on updating the Gazprom LNG Production and Supply Strategy. ... |
| 4/23/2013 - LNG Processing - Russia |
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NISOC Signed Contract with Domestic Supplier
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A contact between National Iranian South oilfields company (NISOC) and a domestic supplier was signed on the sideline of the 18th International Oil, Gas, Refining & Petrochemical Exhibition in Tehran.... |
| 4/23/2013 - Gas Processing - Iran |
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CUI Global Acquires Orbital Gas Systems for $26.2 Million
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CUI Global, Inc., a platform company dedicated to the acquisition, development, and commercialization of new, innovative technologies, announced that, effective April 18, 2013, it has closed on its ac... |
| 4/22/2013 - Gas meters - United Kingdom |
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Yamal LNG & Integra Sign Multi-Year Service Contract
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Integra Group announces that it has signed a multi-year service contract with JSC Yamal LNG. The agreement covers development drilling services to be provided at the South-Tambeyskoye field on the Yam... |
| 4/22/2013 - Drilling Equipment - Russia |
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TATNEFT Produced a Millionth SSC Tire
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A millionth SSC-design tire was manufactured at OOO "Nizhnekamsk SSC Tire Factory" on April 19, 2013. The jubilee KAMA NT-201 tire of 385/65 R22,5 size was assembled by the best assembly workers of t... |
| 4/22/2013 - Tires - Russia |
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US Product Markets and Refinery Operations – March 2013
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US gasoline demand stood at around 8.5 mb/d in March, a level similar to that of the previous month, but down by around 170 tb/d from the same month a year earlier. The gasoline cracks managed to keep... |
| 4/20/2013 - Oil Treating & Refining - United States |
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Brooks Instrument Launches MT3809 Variable Area Flow Meter
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Brooks Instrument, a world-leading provider of advanced flow, pressure, vacuum, level and vapor delivery solutions, has launched the MT3809 armored variable area (VA) flow meter, an instrument designe... |
| 4/19/2013 - Variable Area Flowmeter - United States |
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Petrobras Signs Contracts for 23 New Support Vessels
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Petrobras has signed contracts for 23 support vessels, as part of the 3rd Fleet Renewal Plan for Offshore Support Vessels. The units, type PSV 4500 and OSRV 750, fulfill 60% local content requirements... |
| 4/18/2013 - Vessels Internals - Brazil |
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Noble Awarded Contracts for 2 Ultra-Deepwater Drillships
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Noble Corporation announced that the Company has entered into two (2) three-year term drilling contracts with Plains Exploration & Production Company for the Noble Sam Croft and the Noble Tom Madden, ... |
| 4/18/2013 - Rig Equipment - United States |
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Marubeni & Rosneft Sign MOU for Strategic Partnership
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Marubeni Corporation (Marubeni) signed a Memorandum for Strategic Partnership with Russia’s largest national oil company (Rosneft) in LNG project implementation in the Russian Far East and joint oil a... |
| 4/18/2013 - LNG Processing - Russia |
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FPI Mag Flow Meter Delivers High Accuracy
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Municipal and industrial engineers will find McCrometer’s popular FPI MagTM (Full Profile Insertion) Electromagnetic Flow Meter now features the new M-Series Converter, providing excellent accuracy to... |
| 4/18/2013 - Flowmeters - United States |
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Nexans to Supply Electro/Hydraulic Subsea Umbilical
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Nexans, a worldwide expert in the cable industry, has made a breakthrough in the Malaysia offshore sector with the award of a major contract by Persada Engineering to supply an electro/hydraulic subse... |
| 4/18/2013 - Umbilical Lines - Malaysia |
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Amarcon & GTT Sign Agreement on Sloshing Prevention Tech
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Amarcon, a member of the ABB group, announced that it has signed a cooperation agreement with GTT (Gaztransport & Technigaz) to market and further develop a forecasting and advice software system for ... |
| 4/17/2013 - Gas Software - Netherlands/Holland |
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JDR Marks Deployment of Subsea Umbilical Contract for CNOOC
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JDR, a leading provider of technology connecting the global offshore energy industry, has deployed a range of dynamic subsea production umbilicals and ESP power cables for the China National Offshore ... |
| 4/16/2013 - Umbilical Lines - China |
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Rag Sefid Blaze brought under control
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Managing Director of National Iranian South Oilfields Company announced that a blow-out in Rag Sefid Well 120 has successfully been brought under control. ... |
| 4/16/2013 - Blowout Preventers Ram, Rotary, Spherical & Annular - Iran |
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Gazprom and ANRE Address IR for Vladivostok LNG
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Fukui (Japan) hosted the eighth meeting of the Joint Coordinating Committee (JCC) between Gazprom and the Agency for Natural Resources and Energy (ANRE) under the Japanese Ministry of Economy, Trade a... |
| 4/16/2013 - LNG Processing - Russia |
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Aker Wins GirRI Phase 2 Umbilical Contract from Technip
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Aker Solutions has been awarded a contract from Technip to deliver umbilicals for the Girassol Resources Initiative (GirRI) phase 2 development off the coast of Angola. Contract value is undisclosed. ... |
| 4/16/2013 - Umbilical Lines - Angola |
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Lukoil Receives a Transport and Installation Barge
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A transport and installation barge (TIB) ordered by LUKOIL arrived at the Astrakhan sea floating depot. The Company will utilize the TIB for the construction of offshore platforms at the Vladimir Fila... |
| 4/15/2013 - Barges - Russia |
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MacGregor Secures 3rd Crane Contract for Volstad Maritime
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MacGregor, part of Cargotec, has secured its third identical offshore crane contract for Volstad Maritime AS series of 125m offshore construction vessels being built by Bergen Group Fosen shipyard in ... |
| 4/15/2013 - Cranes - Norway |
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Algeria Plans Six New Oil Refineries
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Algeria plans to double its oil refining capacity in the next five years by building 6 new refineries, Oil Minister Youcef Yousfi said on a visit to Britain. ... |
| 4/15/2013 - Oil Treating & Refining - Algeria |
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PSI Awarded Contract for Control System from Denmark
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PSI has been contracted to deliver a common network control system for thirteen Danish energy companies in Jutland. The new system based on PSI control will replace the thirteen former ABB individual ... |
| 4/15/2013 - SCADA Systems - Denmark |
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Uganda Reaches Deal with Total, CNOOC over Refinery
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Uganda, France's Total and China's CNOOC have agreed to build a small oil refinery in the east African country, Uganda's government said, in a step towards resolving disagreements that have delayed co... |
| 4/15/2013 - Oil Treating & Refining - Uganda |
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Marubeni and SK to Co-Own Two LNG Vessels to Total
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Marubeni Corporation (Marubeni) in collaboration with (Korea) SK Shipping Co., Ltd. (SK Shipping) has concluded long-term charter contracts of LNG carriers for a UK subsidiary of the French Oil Major,... |
| 4/15/2013 - LNG Carriers - Australia |
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Delivery of 4 Process Modules for Nylon 6,6 Plant
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Petrochemical Conversion Company Ltd. (PCC) announced the successful transport of four process modules to the Port of Jubail in the Kingdom of Saudi Arabia for the company’s new world-scale nylon 6,6 ... |
| 4/13/2013 - Petrochemicals - Saudi Arabia |
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Iran Sets to Launch Initial Phase of Its First LNG Plant
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Regardless of European Union futile attempts putting ban on Irans energy sector,the country is ready to launch the initial phase of its first liquefied natural gas (LNG) plant, state-run Mehr News Age... |
| 4/13/2013 - LNG Processing - Iran |
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RAE Shows Gas, Radiation Detection on iPads & Smartphones
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RAE Systems, the leader in toxic gas detection systems and portable detectors, announced that as part of its ongoing commitment to enhance safety through reduction in incident response times for first... |
| 4/12/2013 - Detector, Gas - United States |
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EMAS Wins $120m Contracts in GoM, West Africa, Philippines
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EMAS, the operating brand of Ezra Holdings, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced four contracts totalling clo... |
| 4/12/2013 - Umbilical Lines - United States |
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Tanker Market - Apr 13
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According to preliminary data, global spot fixtures increased in March by 6.5% to
average 17.89 mb/d. OPEC spot fixtures saw an increase as well, by 4.1% from the
previous month to average 12.81 mb/... |
| 4/12/2013 - Tankers - Austria |
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Product Markets and Refinery Operations - Apr 13
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Product markets turned bearish during March — losing the ground gained over the
previous months — due to declines in light and middle distillate cracks. Markets
weakened under the pressure of increa... |
| 4/12/2013 - Oil Treating & Refining - Austria |
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Crude Oil Price Movements - Apr 13
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OPEC Reference Basket
The OPEC Reference Basket retreated by more than 5% in March to average
$106.44/b. The decline was the largest since the 14% drop in June last year. The
Basket’s va... |
| 4/12/2013 - Crude Oil - Austria |
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