Rate this article By Offshore Energy Today.. Wood has secured two new strategic modifications contracts with Equinor for the Mongstad refinery near Bergen, growing its downstream capability in Norway. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By LNG World News The Hague-based LNG giant Shell has signed a deal to sell its downstream business in Argentina to Raízen for $0.95 billion. The sale includes the Buenos Aires Refinery, around 645 retail stations, liquefied petroleum gas, marine fuels, aviation fuels, bitumen, chemicals and lubricants businesses, as well as supply…
Rate this article By NGV Global Titan LNG and its sister company Rolande have announced their acquisition of ENGIE LNG Solutions B.V. as per the first of March 2018. This entity covers the downstream LNG activities of ENGIE in The Netherlands and Belgium. Rolande will add ENGIE’s 4 truck-fuelling stations to its network, bringing the…
Rate this article By LNG World News The Hague-based LNG giant, Shell, is expecting a $6-7 billion annual organic cash flow for its Downstream business by 2020 and $9-$12 billion by 2025. Read Full Article Here For more great articles: LNG World News
Rate this article By LNG World News More than A$5 million ($3.9 million) will be spent on Gladstone businesses within the next two months during Australia Pacific LNG export project’s planned shutdowns. As previously informed by APLNG, the two-train 9 mtpa plant on Curtis Islands near Gladstone will have one unit closed from March 8-23…
Rate this article By LNG World News Australian services provider Valmec said it had secured a renewal of its long-term contract with Origin Energy on the Australia Pacific LNG project. Origin is the operator of the upstream part of the APLNG project while ConocoPhillips is in charge for the downstream segment. Since the contract’s inception…
Rate this article ClearWELL has developed and deployed a chemical-free scale control technology which uses a radio frequency energy pulse to control mineral deposition and consequent scale problems. The surface mounted device is connected to the well and an electromagnetic pulsed current is injected along metal pipework to the target well tubulars. This signal induces…
Rate this article By Offshore Energy Today.. French oil major Total and Angola’s Sonangol on Monday signed several agreements covering both upstream and downstream activities. … Read Full Article Here For more great articles: Offshore Energy Today
Rate this article By Offshore Energy Today.. Brazilian oil company Petrobras has signed a Letter Of Intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and abroad. This includes cooperation on upstream, downstream, gas transportation and marketing, LNG, oil trading, lubricants, aviation fuel, power generation and distribution,…
Rate this article By Offshore Energy Today.. U.S. oil major ExxonMobil recorded an increase in its third quarter 2017 profit and revenues due to higher oil prices. ExxonMobil on Friday posted its third quarter 2017 earnings of $3.97 billion compared to $2.65 billion in the prior-year quarter as commodity prices improved and performance in the…