Friday, 23 October 2020 10:11
Russian petrochemical producers are well-positioned for market recovery post-COVID-19, says GlobalData
The COVID-19 outbreak has led to an unprecedented decline in demand affecting all sections of the Russian economy, which has impacted the demand for petrochemicals in the short-term. However, the pandemic triggered an increase in the demand for polymers in…
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Oil & Gas
Friday, 23 October 2020 08:58
German Startup makes decentral plastic waste recycling possible
The Dresden-based German company Biofabrik, specialized in plastic and oil recycling, has announced the successful commissioning of their most well-known technology – the WASTX Plastic machine. The first industrially manufactured WASTX Plastic plant has now been completed in cooperation with…
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Oil & Gas
Friday, 23 October 2020 08:41
Welltec asserts geothermal credentials with prestigious US initiative
Welltec® has been awarded a crucial role in an important project funded by the US Department of Energy (DOE) and led by the University of Oklahoma, to illustrate that near-field Enhanced Geothermal Systems (EGS) can be successfully deployed. Welltec will…
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Oil & Gas
Tuesday, 25 June 2013 10:05
Oil & gas pumps for extreme sub-zero conditions
Oliver Brigginshaw, managing director of Amarinth, looks at some of the lessons learned from its experiences of supplying pumps to the Prirazlomnoye oilfield in northern Russia:Amarinth has been engaged by many global oil and gas companies to provide advice and…
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Oil & Gas
Thursday, 13 June 2013 09:02
FW, Clariant, Wison in China syngas project
Foster Wheeler AG, Clariant International AG and Wison Engineering Ltd are to jointly establish a pilot plant in China to demonstrate Foster Wheeler’s VESTA technology to produce substitute natural gas (SNG) from synthesis gas obtained from gasification of either coal…
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Oil & Gas
Sunday, 09 June 2013 09:21
Record demand for UK oil and gas services
Companies delivering drilling, completion, testing and maintenance for oil and gas wells last year generated record gross revenue of £1.9 billion ($3.05 billion) in 2012, a survey by industry association Oil & Gas UK shows.The sales figure, the highest since…
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Oil & Gas
Sunday, 09 June 2013 09:19
Noble wins $655m Statoil contract in N Sea
Noble Corp. has won a $655m drilling contract with Statoil for a new-build jackup for use in the UK sector of the North Sea. The initial contract is for four years and is anticipated to commence during the third quarter…
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Oil & Gas
Thursday, 23 May 2013 10:39
Total in Euro1bn upgrade at Antwerp site
Total has approved a €1-billion modernisation project for its Antwerp production facilities – part of a strategy to develop in its largest integrated refining and petrochemical production sites.The upgrade programme includes two major projects, which will be implemented in the…
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Oil & Gas
Wednesday, 15 May 2013 13:16
Severn Glocon valves for Ichthys LNG project
Control valve specialist Severn Glocon has been awarded a contract to supply 536 engineered control valves for the processing plant on the Ichthys Project onshore LNG facilities.Included in the contract are cryogenic valves of up to 42 inches bore, weighing…
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Oil & Gas
Tuesday, 14 May 2013 16:33
Noble wins $655m Statoil contract in UK North Sea
Noble Corp. has won a $655m drilling contract with Statoil for a new-build jackup for use in the UK sector of the North Sea. The initial contract is for four years and is anticipated to commence during the third quarter of…
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Oil & Gas
Monday, 13 May 2013 14:39
Foster Wheeler FEED for Russia refinery
Foster Wheeler has been awarded a contract by OJSC Gazpromneft Moscow Refinery to provide front-end engineering design (FEED) and design documentation in accordance with Russian norms, for a major investment, termed the Combined Oil Refinery Unit (CORU) Project, at the…
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Oil & Gas
Monday, 06 May 2013 02:35
BP renews AMEC North Sea contract
Aberdeen, UK – BP has awarded AMEC a two-year integrated services contract renewal to provide operations, maintenance and project support to the Forties Pipeline System (FPS) in the North Sea. The contract is valued at between £10 million and £15…
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Oil & Gas
Thursday, 02 May 2013 21:57
Collaboration vital to close subsea technology gaps
Subsea operators, engineering procurement & construction contractors and suppliers need to take a more joined-up approach if hardware is to keep pace with the extreme demands of new projects, according to LB Bentley.The small bore subsea valve company, acquired by…
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Oil & Gas
Thursday, 02 May 2013 17:31
GDF SUEZ advances China LNG position
GDF SUEZ signed several significant agreements with Chinese partners in the field of natural gas storage, the provision of liquefied natural gas regasification facilities and the environment. After the signing of liquefied natural gas (LNG) contracts, GDF SUEZ has for…
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Oil & Gas
Thursday, 02 May 2013 17:26
Hertel wins contract for Statoil platform
Hertel Offshore have signed a €70 million contract with Hyundai Heavy Industries for the engineering, design and construction (EPC) of the new accommodation for Statoil’s Aasta Hansteen platform.The Norwegian contract follows on from Hertel's award for Statoil’s Valemon Living Quarter…
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Oil & Gas