Oil And Gas News

Petrofac, Storegga team up for UK renewable energy development

LONDON – Petrofac has signed a Memorandum of Understanding with independent clean energy champion, Storegga Geotechnologies. The agreement builds new energy capability and capacity in the UK and represents a significant strategic step in Petrofac’s continued expansion into new and renewable energy.

The agreement supports Petrofac and Storegga to collaborate on potential business development and project […]

By |August 7th, 2020|Oil And Gas News|0 Comments

Baofeng Energy lets contract for third methanol plant at Ningdong complex

Ningxia Baofeng Energy Group Co. Ltd. has let a contract to Johnson Matthey to provide technology licensing for a third methanol synthesis plant at its 600,000-tonnes/year coal-to-olefins (CTO) complex at Ningdong Energy Chemical Base in Yinchuan City, Ningxia Province, China.

As part of the contract, Johnson Matthey will deliver associated engineering, technical review, commissioning assistance, equipment, […]

By |August 6th, 2020|Oil And Gas News|0 Comments

Thai Oil lets contract for Sriracha refinery’s clean fuels project

Thai Oil PLC has let a contract to McConnell Dowell Corp. Ltd. to provide civil works for the previously announced Clean Fuel Project (CFP) at its 276,000-b/d refinery at Sriracha, in eastern Thailand’s Chonburi province.

McConnell Dowell’s scope of work under the contract—which was awarded by the consortium of Saipem, Petrofac, and Samsung Engineering delivering engineering, […]

By |August 3rd, 2020|Oil And Gas News|0 Comments

Lukoil acquires deepwater Senegal interest from Cairn Energy

MOSCOW – PJSC LUKOIL concluded an agreement with Cairn Energy PLC to acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for $300 million in cash. The agreement also provides for potential bonus payment to Cairn Energy PLC of up to $100 million after the commencement of […]

By |July 29th, 2020|Oil And Gas News|0 Comments

Uzbekistan advances modernization of Fergana refinery

Fergana Oil Refinery LLC (FNPZ)—now under the trust management of Jizzakh Petroleum JV LLC, a joint venture of JSC Uzbekneftegaz and Gazprom International SA subsidiary Gas Project Development Central Asia AG—has undertaken a $300-million modernization project at its 5.5-million tonnes/year refinery in Fergana City, Fergana Region, Uzbekistan.

Scheduled to run from 2020-23, the modernization and reconstruction […]

By |July 23rd, 2020|Oil And Gas News|0 Comments

PKN Orlen advances new visbreaking, other projects at Plock refinery

Polski Koncern Naftowy SA (PKN Orlen) has started construction on its previously proposed and recently approved project to add a new visbreaking unit at its 327,300-b/d integrated refining and petrochemical complex in Plock, Poland.

The new 1-billion zloty visbreaking unit, on which construction began in early July, aims to improve crude feedstock flexibility and efficiency by […]

By |July 20th, 2020|Oil And Gas News|0 Comments

Shenghong Petrochemical lets contract for Lianyungang integrated refining complex

Shenghong Refining & Chemical (Lianyungang) Co. Ltd. (SRCLC), a subsidiary of Shenghong Petrochemical Group Co. Ltd., has let a contract to KBR Inc. to supply catalyst for a vinyl acetate monomer (VAM) project at its planned 16-million tonnes/year integrated refining complex in Lianyungang City in China’s province of Jiangsu.

As part of the contract, KBR will […]

By |July 17th, 2020|Oil And Gas News|0 Comments

Indian Oil restarts work on major refining projects

Indian Oil Corp. Ltd. has resumed works at various major refinery projects across the country following the Apr. 30 ease of lockdown restrictions due to the coronavirus (COVID-19) pandemic.

Alongside a series of large-scale pipeline and infrastructure projects that—together with current refining projects—amount to a combined 1.04 trillion rupees, IOC has recommenced ongoing major projects at […]

By |July 16th, 2020|Oil And Gas News|0 Comments

Braskem wraps construction, begins startup of Texas polypropylene unit

Braskem America Inc., a subsidiary of Braskem SA, São Paulo, has completed construction and started commissioning activities for it Delta polypropylene (PP) production unit at the company’s existing manufacturing site in La Porte, Tex., about 26 miles outside of Houston.

Started up in late June 2020, the new Delta PP unit has annual production capacity of […]

By |July 10th, 2020|Oil And Gas News|0 Comments

Dangote advances construction of Lekki integrated refining complex

Nigerian conglomerate Dangote Industries Ltd. (Dangote Group) subsidiary Dangote Oil Refining Co. is proceeding with installation of key equipment at its long-planned 650,000-b/d grassroots integrated refining and petrochemical complex now under construction in southwestern Nigeria’s Lekki Free Trade Zone.

Sulzer Chemtech Ltd.—the sole supplier of column internals, packings, and trays for the project—has completed design and […]

By |July 9th, 2020|Oil And Gas News|0 Comments