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Syzran Refinery : Rosneft begins production of RMLS 40 marine fuel

Syzran Refinery : Rosneft begins production of RMLS 40 marine fuel

Rosneft said that the Syzran Refinery, which is a part of the refining complex of Rosneft Oil Company in the Samara region in Russia has started production of Residual Marine Low Sulphur (RMLS 40), an environmentally-friendly low-sulphur marine fuel. RMLS 40 is said to be compliant with the IMO requirements, which came into effect since […]

Penglai 19-3/19-9 project brought into production by CNOOC and ConocoPhillips

Penglai 19-3/19-9 project brought into production by CNOOC and ConocoPhillips

China National Offshore Oil Corporation (CNOOC) and its partner ConocoPhillips China have started production from the Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project (Penglai 19-3/19-9 project) offshore China. The Penglai 19-3/19-9 oilfields in the Bohai Sea are located in an average water depth of nearly 28 meters. CNOOC, which has constructed […]

Alaska LNG Project : AGDC secures FERC authorization for LNG export project

Alaska LNG Project : AGDC secures FERC authorization for LNG export project

The US Federal Energy Regulatory Commission (FERC) has granted authorization to the Alaska Gasline Development Corporation (AGDC) for its Alaska LNG Project for liquefying and exporting liquefied natural gas (LNG) produced in the North Slope of Alaska. The FERC gave a Section 3 Natural Gas Act authorization, with conditions, to the AGDC for siting, constructing, […]

McDermott wins technology contract from APC for Jubail PDH plant

McDermott wins technology contract from APC for Jubail PDH plant

McDermott International has won a propane dehydrogenation (PDH) technology contract from Advanced Global Investment Company, a fully-owned subsidiary of Advanced Petrochemical (APC) for a new petrochemical complex in Jubail in Saudi Arabia. As per the contract, McDermott’s Lummus Technology will give the license and basic engineering package of a C3 CATOFIN unit to the new […]

Flotek Industries acquires data and analytics company JP3 Measurement

Flotek Industries acquires data and analytics company JP3 Measurement

US-based Flotek Industries has acquired JP3 Measurement, a data and analytics technology company based in Texas, in a cash-and-stock deal worth around $34.4 million. The real-time data platforms of JP3 Measurement are said to combine the energy industry’s inline optical analyzer with cloud visualization and analytics, to drastically boost processing efficiencies and valuation of natural […]

Equinor encounters dry well near Fram field in Norwegian North Sea

Equinor encounters dry well near Fram field in Norwegian North Sea

Equinor Energy, the operator of production licence 827 S in the Norwegian North Sea, has failed to find any hydrocarbons following the drilling of wildcat well 35/10-6. The wildcat well was drilled nearly 20 kilometres northwest of the Fram field in the northern region of the North Sea, and nearly 145 kilometres northwest of Bergen. […]

Qatar Petroleum to join Total in Ivorian-Tano basin, Côte d’Ivoire

Qatar Petroleum to join Total in Ivorian-Tano basin, Côte d’Ivoire

Qatar Petroleum has signed a farm-in deal with French oil and gas giant Total to acquire a 45% participating stake from the latter in blocks CI-705 and CI-706 in the Ivorian-Tano basin in the waters of Côte d’Ivoire. Spread over nearly 3,200 square kilometers, the two blocks are said to offer multi-target hydrocarbon prospects in […]

Total scraps plans of acquiring Occidental Petroleum’s assets in Ghana

Total scraps plans of acquiring Occidental Petroleum’s assets in Ghana

French oil and gas giant Total has scrapped its plans to acquire the Ghanaian assets of Occidental Petroleum as part of a larger deal signed in August 2019. As per the deal, Total under a purchase and sale agreement (PSA) was to acquire the assets of Anadarko Petroleum in Africa with the latter merged into […]

Equinor, Shell and Total to invest $680m in Northern Lights CCS project

Equinor, Shell and Total to invest $680m in Northern Lights CCS project

Oil and gas giants Equinor, Shell and Total have taken the decision to make initial investments of nearly NOK 6.9 billion ($680 million) in the Northern Lights CCS project, the first-ever carbon capture and storage project (CCS Project) on the Norwegian Continental Shelf. Equinor said that plans for development and operation of the CCS project […]

Mubadala, Tap Oil to take up development drilling in Manora oil field

Mubadala, Tap Oil to take up development drilling in Manora oil field

Mubadala Petroleum and Tap Oil will go ahead with a drilling campaign in the Manora oil field offshore Thailand, which will comprise three development wells MNA -25, MNA -26 and MNA-27. The Manora oil field, which is located in the G1/48 concession in the Northern Gulf of Thailand, has been in production since November 2014. […]

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