ExxonMobil has let a contract to Fluor for a series of services related to the operator’s previously announced expansion project to increase production of ultralow-sulphur diesel by nearly 45% at affiliate Esso Petroleum Company Ltd’s (EPCL) 270,000-b/d Fawley refinery near Southampton. Following its completion…
According to Reuters, YPF SA – the Argentine oil company – has sold its first commercial LNG cargo to Petroleo Brasileiro SA (Petrobas). Reuters reported that the Argentine oil company closed a tender to sell 2.1 trillion Btu of LNG on the 6th November…
ADNOC Drilling has announced a “major” rig fleet expansion programme “to support ADNOC’s upstream growth plans”. As part of the first phase of the programme, ADNOC has acquired four UAE-built land rigs with a total value of over US$95 million (AED 350 million). Following…
Norwegian shipbuilder and designer Ulstein has developed a hydrogen-powered ship design, offering zero-emission marine operations for the offshore construction market. According to Ulstein, hydrogen is considered as the ultimate zero-emission solution. In a statement on the 14th November, Ulstein said that its first hydrogen-powered ship…
Saipem SpA is considering a combination with rival Subsea 7 SA to create a larger European oil services provider, The Italian company is pursuing a potential deal with Norway’s Subsea 7 as it seeks to bulk up and weather an industry downturn, according to…
Rompetrol Rafinare SA, a member company of KMG International Group, has completed installation of a fully automated vapour recovery unit at the auto and rail loading points of its 8,000-b/d Vega refinery in Pahova County, near Ploiesti, Romania. The US$2.3-million investment, which aims to…
Analysis of oil samples taken from the recent Jethro and Joe discovery wells offshore Guyana suggests that both fields contain heavy crudes with a high sulphur content. Operator Tullow Oil and its partners are assessing the commercial viability, taking into account the quality of…
More than a billion people in Asia depend on seasonal monsoons for their water needs. The Asian monsoon is closely linked to a planetary-scale tropical air flow which, according to a new study by Lawrence Berkeley National Laboratory (Berkeley Lab), will most likely shift geographically…
Premier Oil has provided a Trading and Operations Update for the ten months to the 31st October 2019. Highlights Group production averaged 79.4 kboepd for the period with high operating efficiency of 94%; forecast full year production at upper end of 75-80 kboepd…
The New Zealand subsidiary of Malaysia’s energy company Tamarind Resources has gone into voluntary administration due to an “unsustainable financial position.” Tamarind said on the 12th November that Jason Kardachi and Mitchell Mansfield of Borrelli Walsh were appointed as administrators of Tamarind Taranaki on…
