Wednesday, 25 May 2022 11:05
China to lead Asia’s refinery CDU capacity additions through 2026, says GlobalData
Asia is expected to witness the highest crude distillation unit (CDU) capacity additions globally contributing about 47% of the total CDU capacity additions by 2026, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘Refining Industry Market Installed…
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Oil & Gas
Wednesday, 25 May 2022 11:00
TES Wilhelmshaven Import Terminal Included as a “Priority Project” in the German Government Acceleration Law
Tree Energy Solutions’ (TES) import terminal has been included in the list of priority projects supported by the German Government’s LNG Acceleration law. The law was passed by parliament on May 19th, 2022 and was approved by the Federal Council…
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Oil & Gas
Tuesday, 24 May 2022 10:31
Sulzer uses captured CO2 to optimize oil recovery – reducing greenhouse gas emissions and further oil exploration
Sulzer’s pumps are helping to optimize oil recovery while reducing greenhouse gas emissions in a pioneering project in the Middle East. As part of enhanced oil recovery (EOR) techniques, captured CO2 emissions that have been converted into supercritical CO2 are…
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Oil & Gas
Tuesday, 24 May 2022 09:12
Valmet to start personnel negotiations on temporary layoffs at its valve factory in Finland
The geopolitical situation caused by the crisis in Ukraine and the intensified COVID-19 restrictions in China have reduced the orders at the valve factory in Helsinki, Finland, during spring. The exceptional situation has particularly impacted the factory’s oil and gas…
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Oil & Gas
Thursday, 19 May 2022 11:30
Wärtsilä successfully completes delivery of 15 groundbreaking LPG fuel supply systems
The technology group Wärtsilä has successfully completed delivery of its LPG Fuel Supply System (LFSS) to 15 Very Large Gas Carrier (VLGC) vessels owned and operated by BW LPG. The Oslo-listed company is a world leader in liquefied petroleum gas (LPG) shipping,…
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Oil & Gas
Thursday, 19 May 2022 10:23
Odfjell Technology secures wellbore cleanup equipment and services contract from Petronas Malaysia
Odfjell Technology, an offshore operations, well services technology and engineering solutions supplier, has been awarded a three–year contract with Petronas through their local agent Time Marine Services, to provide all required tools, chemicals and services for the company’s wellbore cleanup…
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Oil & Gas
Wednesday, 18 May 2022 11:33
Thousands of jobs dependent on establishing North-East of Scotland as a global energy hub by 2030
Research reveals urgent capital investment is essential to position region as a long-term global leader in offshore energy A new review on the future shape of the energy workforce in the North-East of Scotland by Robert Gordon University (RGU)…
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Oil & Gas
Wednesday, 18 May 2022 10:25
Leading oil and gas companies are tapping into digital technologies to improve productivity and profitability, says GlobalData
Digitalization, which involves the adoption of digital technologies such as artificial intelligence (AI), big data, cloud computing, cybersecurity, the Internet of Things (IoT), and robotics in day-to-day oil and gas operations, is enabling the industry to improve productivity and profitability…
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Oil & Gas
Wednesday, 18 May 2022 08:39
Chevron Sanctions Ballymore Project in Deepwater U.S. Gulf of Mexico
Chevron Corporation (NYSE: CVX) announced today it has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day, will be developed as a three-mile subsea tieback…
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Oil & Gas
Wednesday, 18 May 2022 08:29
Bacton Gas Terminal secures coupling reliability with Bibby Turboflex
The Bacton Gas Terminal supplies up to a third of the UK’s total gas demand, whilst also exporting gas to Europe 1. Now more than ever, the reliability of the nation’s energy supply is paramount, making the Bacton complex one…
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Oil & Gas
Tuesday, 17 May 2022 11:14
Oil and gas majors look to carbon capture to diversify revenue streams after committing to 2050 net zero emission target, says GlobalData
As the energy transition heats up, many oil and gas companies have begun to recognize the writing on the wall and commit to net zero emissions by 2050 or sooner, according to GlobalData. Carbon capture, utilization, and storage (CCUS) is…
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Oil & Gas
Tuesday, 17 May 2022 10:51
Global oil and gas contracts stifled in Q1 2022 as a result of rising inflation and the Russia-Ukraine conflict, says GlobalData
At the start of Q1 2022, global oil and gas industry contract activity was stifled due to the Russia-Ukraine conflict. However, in the second half of the quarter a minor increase in the number of contracts was reported. Unfortunately, the…
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Oil & Gas
Tuesday, 17 May 2022 10:20
Methane Emissions Reduction: TotalEnergies Implements a Worldwide Drone-Based Detection Campaign
As part of its commitment to identify, quantify and reduce methane emissions linked to its operations, TotalEnergies has launched a worldwide drone-based emissions detection and quantification campaign across all its upstream Oil & Gas operated sites. The campaign uses AUSEA…
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Oil & Gas
Tuesday, 17 May 2022 10:16
Petoro selects FutureOn as software technology partner
FutureOn, the global energy software company, has signed a recurring annual software license agreement with Petoro. The agreement will provide FutureOn’s award-winning FieldTwin Design software for use on strategic field development projects across the Norwegian oil and gas sector on…
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Oil & Gas
Tuesday, 17 May 2022 09:58
Solving thermal system complexity
Thermal solutions are a part of almost every industry, from chip manufacturing and medical devices to oil and gas operations. What these diverse industries have in common is a need to design simple, yet responsive systems that can monitor and…
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Oil & Gas