Asia is expected to lead the global capacity additions among the regions and its chlorine capacity is expected to increase from 54.59 mtpa in 2020 to 58.03 mtpa in 2025 at an average annual growth rate (AAGR) of 1.2 %.…
The United States Court of Appeals for the Second Circuit today affirmed multiple findings of civil contempt against disbarred attorney Steven Donziger, effectively bringing to a close his campaign to profit from the fraudulent Ecuadorian judgment he procured in violation…
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply Alfa Laval OLMI air coolers to a refinery in Egypt. The order has a value of approximately SEK 95…
Led by PPG Industries’ $1.52bn acquisition of Tikkurila, Europe’s oil & gas industry saw a rise of 23.73% in cross border deal activity during Q4 2020, when compared to the last four-quarter average, according to GlobalData’s deals database. A total…
Chevron Corporation (NYSE: CVX) has just announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets. Heat power is an affordable form of renewable energy that…
Vysus Group (formerly LR Energy), the global engineering and technology company, has secured a framework agreement with the Petroleum Safety Authority Norway (PSA), the government agency with regulatory responsibility for safety in the petroleum sector across the Norwegian continental shelf.…
The US is expected to dominate global crude oil trunk/transmission pipeline growth, accounting for almost one-fourth of the total pipeline length growth by 2024. With expected length additions of 4,900 km from projects that have received approval or are awaiting…
Wednesday, 17 February 2021 07:53

TietoEVRY to sell its Oil & Gas software business

TietoEVRY has reached an agreement with Aucerna, a Quorum Software affiliate, to sell its Oil & Gas software business. This divestment is part of the company’s strategy to seek focus and scale. Through this transaction the Oil & Gas software…
Commenting on Shell's announcement of its net-zero strategy, Professor David Elmes, Head of the Global Enenrgy Research Network at Warwick Business School, said: “Shell’s new strategy today places the company in the growing group of energy companies committing to net…
A new collaborative agreement has been signed that will see Northern Solutions Alaska LLC represent global completions specialist Tendeka in actively promoting sales, installation, and services of its completion products and technologies in the region.  The two companies have previously…
Tuesday, 09 February 2021 13:00

Coker pump design

Optimizing processing performance and reliability in refineries Delayed coker units (DCUs) occupy the lower reaches of the oil refining strategy, upgrading the residue from other parts of the plant. Especially important in the processing of heavy crude, these units provide…
The large offshore South African gas discoveries of late represent the potential for vast change in the country, however, as yet there is no clear route to commercialisation for the partners, says GlobalData, a leading data and analytics company. Conor…
Bristow Group Inc. (NYSE: VTOL) announced its UK operations received International Organization for Standards (ISO) 14001 certification, making it one of the first vertical lift operators in the UK to achieve the global standard. The certification confirms Bristow’s UK operations…
Following President Biden’s moves to implement new climate policies when he took office on the 20th January. Will Scargill, Managing Oil and Gas Analyst at GlobalData, a leading data and analytics company, offers his view on the targets set out…
North America is expected to have the maximum share of the global oil and gas trunk/transmission pipeline length by 2024, representing around 43%. Running for a length of 899,399km, the region continues to lead global pipeline additions by 2024 with…
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