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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
AWE & Origin Agree First Gas Sales Term Sheet for Waitsia Stage 2
AWE Limited, Operator of production licence L1/L2 located in Western Australia’s onshore Perth Basin, has announced that AWE and Origin Energy have agreed a non-binding term sheet with AGL Wholesale G...
2/27/2017 - Natural Gas - Australia
AWE & Origin Agree First Gas Sales Term Sheet for Waitsia Stage 2
AWE Limited (AWE), Operator of production licence L1/L2 located in Western Australia’s onshore Perth Basin, announced that AWE and Origin Energy (Origin) have agreed a nonbinding term sheet with AGL W...
2/27/2017 - Natural Gas - Australia
Petrel Energy Says the New Rig Mobilized to Uruguay
The Directors of Petrel Energy Limited (PRL) are pleased to announce that the final fitout and inspections of the new rig are nearing completion and the rig mobilisation process has commenced with the...
2/24/2017 - Rigs, Coring & Exploration - Uruguay
PDVSA and ENPPI of Egypt Strengthen Bilateral Relations
The President of Petroleos de Venezuela S.A. (PDVSA), Eulogio Del Pino, held a meeting at La Campina PDVSA headquarters with Chief Executive Officer of Egypt's Engineering for the Petroleum and Proces...
2/24/2017 - Gas Treating - Venezuela
Malaysia's Petronas, Saudi Aramco to Sign Agreement during Saudi King's Visit
Malaysia's state-owned oil firm Petroliam Nasional Bhd (Petronas) and Saudi Aramco IPO-ARMO.SE will sign an agreement during a visit by Saudi Arabia's King Salman to Malaysia, Prime Minister Najib Raz...
2/24/2017 - Oil Treating & Refining - Malaysia
MeyGen's AR1500 Turbine Generating to the Grid
Atlantis, a global leader in the tidal power sector, is delighted to confirm, following Monday’s announcement of the deployment of the first AR1500 tidal stream turbine at the MeyGen project site in t...
2/24/2017 - Turbines: Steam - Scotland
Chevron Suspends Production At Gorgon Train Two LNG Project
Chevron has temporarily suspended production of liquefied natural gas (LNG) at its Gorgon Train Two production line in Australia, a company spokesman said in an email statement on Friday. ...
2/24/2017 - LNG Processing - Australia
Qatari Al-Shaheen Crude Loading Delays Seen in Feb-March 2017
Supply disruptions at Qatar's largest offshore oilfield al-Shaheen are expected to last until April as at least three lifters have been notified of loading delays in February and March, three trade so...
2/24/2017 - Crude Oil - Qatar
Atlantis Reports AR1500 Turbine at Meygen Tidal Project
Atlantis, a global leader in the tidal power sector, is delighted to confirm, following Monday's announcement of the deployment of the first AR1500 tidal stream turbine at the MeyGen project site in t...
2/24/2017 - Turbines: Steam - United Kingdom
Siemens to Supply Five Large Gas Turbines to Saudi Arabia
Siemens has received an order for five F-class gas turbines for a combined heat and power (CHP) plant in the Kingdom of Saudi Arabia. With an electrical generating capacity of about 1,500 megawatts (M...
2/23/2017 - Turbines: Gas - Saudi Arabia
Rotork Electro-Hydraulic Actuators Provide Increased Safety at Mauritius International Airport
In a project to increase safety, Rotork Skilmatic SI electro-hydraulic actuators have been installed in the Joint Users Hydrant Installation (JUHI) fuel storage depot at the Sir Seewoosagur Ramgoolam ...
2/23/2017 - Valve Actuators - United Kingdom
Iraq Ministry of Oil Declares a New Investment Refinery in Basra
The ministry of oil would like to announce for the offering of a new investment refinery in Basra province – Faw city with a capability of 300 thousand barrels/ day and capable of being extended to pr...
2/23/2017 - Oil Treating & Refining - Iraq
Keel Laying of First Shuttle Tanker for East Coast Canada
Teekay Offshore Will Be the Sole Supplier and Operator of Shuttle Tankers Services for East Coast Canada. On February 15, the keel laying ceremony for Teekay’s first shuttle tanker newbuilding for Eas...
2/23/2017 - Vessels, Tanks - Canada
iSURVEY Secures Rig Positioning & Surveying Contract with Shell
iSURVEY, a leading provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, has secured a non exclusive call-off contract with Shell U...
2/23/2017 - Rigs - United Kingdom
Iraq to Supply Egypt with 1 million barrels monthly
The Iraqi Oil Marketing Company SOMO has signed a contract for oil exports with the Egyptian government. The company forwarded the contract to the Petroleum Ministry for final approval. ...
2/23/2017 - Oil - Egypt
China's Soaring LNG Demand To Help Rein In Global Glut
China's soaring demand for liquefied natural gas (LNG) is sparking industry hopes that a supply overhang causing a slump in prices will end sooner than initially anticipated. ...
2/23/2017 - LNG Processing - China
Saudi Aramco in Lead to Buy OMV's Turkish Unit Petrol Ofisi
Oil giant Saudi Aramco is believed to be the front-runner to buy Turkish fuel stations business Petrol Ofisi from Austrian oil group OMV , sources familiar with the matter said. Saudi Aramco has place...
2/22/2017 - Fuel oil - Saudi Arabia
Prysmian to Provide Submarine Power Cable Links for Offshore Wind Farms in France
Prysmian, world leader in the energy and telecom cable industry, has been awarded a contract worth more than € 300 million with Réseau de Transport d'Electricité (RTE) to develop submarine cable links...
2/22/2017 - Cables - France
ADNOC Signs 10-year Deal for sale of 528,000 tonnes of LPG p/a to Vitol
The Abu Dhabi National Oil Company, ADNOC, has signed an agreement with Vitol, the world’s largest independent energy trader, for the sale of up to 528,000 tonnes per year of LPG over the next 10 year...
2/22/2017 - LPG Domestic use - United Arab Emirates
Japan's Mitsubishi Buys Iran Naphtha Cargo
Japan's Mitsubishi Corp bought a naphtha cargo from Iran last month, the Asian country's first such purchase from Iran since October 2016, sources familiar with the matter said. The naphtha cargo, loa...
2/21/2017 - Petrochemicals - Iran
Pre-feasibility Study for Oman Fertilizer Project Under Way
Pre-feasibility studies are under way aimed at assessing the viability of establishing a commercial-scale fertilizer project in the Sultanate utilising potentially substantive potash deposits in the U...
2/21/2017 - Fertilizers - Oman
Iraq & Iran Signs MOU for Joint Cooperation
Mr. Jabbar A. Allibi the minister of oil signed a memorandum of understanding with his Iranian counterpart Mr. Beigin Zangana to establish joint committees to finish some of the important cases. ...
2/21/2017 - Oil - Iraq
Rosneft and KRG Signed an Oil Deal
Rosneft and the Kurdistan Regional Government of Iraq signed a Cooperation Agreement in the fields of upstream, infrastructure, logistics and trading. The document was signed on the sidelines of the I...
2/21/2017 - Oil - Iraq
Boskalis Awarded Inter-Array Cabling Contract for EnBW Hohe See OWF
Royal Boskalis Westminster N.V. (Boskalis) announces that its subsidiary VBMS has been awarded an inter-array cabling contract with a value of approximately EUR 80 million by EnBW Hohe See GmbH & Co.K...
2/21/2017 - Cables - Germany
JDR Selected By US Wind to Supply Cables to US Offshore Wind Farms
JDR, a leading supplier of subsea power cables and umbilicals to the global offshore energy industry, has been selected by US Wind Inc., as the preferred cable partner for its first offshore wind proj...
2/21/2017 - Umbilical Lines - United States
Rosneft Signs Libya Oil Deal as More Investors Return to Country
Rosneft PJSC signed investment and crude-purchasing agreements with Libya’s National Oil Corp. as more international companies return to the North African country to gain access to Africa’s largest re...
2/21/2017 - Oil - Libya
Nord Stream 2 to Play Crucial Role in EU’s Energy Security
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg today. The meeting address...
2/20/2017 - Natural Gas - Russia
Urals Energy Announces Non-Revolving Finance Arrangement with Sberbank
AIM-listed Urals Energy, the independent exploration and production company with operations in Russia, has announced that its subsidiary undertaking, Petrosakh, has entered into a new 24 month non-rev...
2/20/2017 - Industrial Treatment Systems - Russia
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
Construction Launched for Railroad Bridge to Deliver Cargo to Amur GPP
The first pile was installed in the foundation of the planned railroad bridge across the Bolshaya Pyora River (Svobodnensky District) to be used for delivering cargo to the Amur gas processing plant (...
2/17/2017 - Gas Processing - Russia
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
ExxonMobil Sets Record in High Performance O&G Reservoir Computing
ExxonMobil, working with the National Center for Supercomputing Applications (NCSA), has achieved a major breakthrough with proprietary software using more than four times the previous number of proce...
2/16/2017 - Process Simulation - United States
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
Wartsila to Secure Safe Operations of PGS’s Seismic Vessel Fleet
Wartsila and PGS Geophysical AS have signed a service agreement that makes Wartsila the preferred service supplier for engines and other Wartsila equipment. According to the agreement, Wartsila will t...
2/15/2017 - Engines & Gen Sets - Norway
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
Cargostore to Open DNV Offshore Operations in Africa
Global shipping container provider, Cargostore Worldwide Trading Ltd is to develop its DNV offshore operations on the African continent. The London-based company operates a fleet of ISO and DNV 2.7-1 ...
2/14/2017 - Barrels & Containers - United Kingdom
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 Awarded Air Compressors Contract 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
Oil Trade - February 2017
Preliminary data for January shows that US crude oil imports increased to average 8.4 mb/d, up by 489 tb/d from the previous month and by 683 tb/d or 9% from the previous year. Similarly, US monthly ...
2/13/2017 - Oil - Austria
Tanker Market - February 2017
Spot freight rates in January continued the recovery started in 4Q16, showing general improvements across all tanker sectors. This improved sentiment was seen on all reported routes and in various t...
2/13/2017 - Tankers - Austria
Product Markets and Refinery Operations - January 2017
Product markets in the Atlantic Basin received support in January from the top of the barrel on the back of higher export opportunities in gasoline and naphtha. This, along with the positive performan...
2/13/2017 - Oil Treating & Refining - Austria
World Oil Supply - February 2017
Preliminary data indicates that world oil supply in January 2017 fell by 1.29 mb/d m-o-m to average 95.82 mb/d. The decline was due to lower OPEC and non-OPEC oil production. Year-on-year, world oil s...
2/13/2017 - Oil - Austria
World Oil Demand - February 2017
World oil demand growth in 2016 was revised higher by around 70 tb/d to now stand at 1.32 mb/d. The upward revision was primarily a reflection of better-than-expected data from OECD Europe and Asia Pa...
2/13/2017 - Oil - Austria
Review of Global Oil Demand Trend - February 2017
World oil demand in 2016 continued its healthy performance for the second year, with growth set to be above 1.3 mb/d. This growth is in line with our initial projection for the year in July 2015. Howe...
2/13/2017 - Oil - Austria
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
Innova Norway selects Sonardyne SPRINT-Nav for Resident ROVs
Innova AS, a specialist subsea engineering and technology company based in Norway, has selected acoustic and inertial navigation technology from Sonardyne International Ltd., for two new in-field resi...
2/9/2017 - ROV - Norway
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
Paradigm Signs Multi-year Access Agreement with Beicip-Franlab
Paradigm® has signed a multi-year access agreement with Beicip-Franlab for a wide spectrum of software solutions, including seismic and geological interpretation, formation evaluation, and subsurface ...
2/6/2017 - Petroleum Software - United States
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
ITF Steps up Action to Solve Costly Pipe-Walking Problems
The Industry Technology Facilitator (ITF) is welcoming additional participants to a new joint industry project (JIP) to develop pipeline anchoring and monitoring systems which could mitigate the risk ...
2/2/2017 - Anchors - United Kingdom
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
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

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