News

  • Chevron to restart second Gorgon LNG train in September

    Chevron is looking to place back online the second train at its Gorgon LNG plant in Australia in September after it found “weld quality issues” within the propane heat exchangers.   The US energy firm shut down the second unit at its 15.6 mtpa LNG…

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  • US$5 Billion Worth of ADNOC Properties Could Hit Market

    Abu Dhabi National Oil Company is exploring the possibility of selling a stake in its real estate portfolio, the latest effort by the state-owned energy producer to raise funds and attract foreign investors.   Initial estimates value the properties at about US$5 billion, according to…

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  • How to Carry Out Quality Inspection of Spiral Steel Pipe

    Due to its superior performance, spiral steel pipes are now widely used in power industry, agricultural irrigation, tap water engineering, petrochemical industry, chemical industry, urban construction, etc, in order to avoid the circulation of unqualified products in the market, causing many inconveniences to our lives…

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  • Total inks deal to shed UK refinery, downstream assets

    Total SE has agreed to sell its UK downstream business – including subsidiary Total Lindsey Oil Refinery Ltd’s 109,000-b/d refinery in North Killinghome, Immingham, Lincolnshire, and associated logistics assets – to Prax Group (also known as State Oil Ltd), a London-based global independent trading, storage, distribution,…

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  • Eni confirms gas potential in discovery offshore Vietnam

    Italian oil and gas company Eni has discovered a significant hydrocarbon accumulation on the Ken Bau discovery located in Block 114, Song Hong Basin, offshore Vietnam.   Eni said on the 27th July that the exploration well Ken Bau-2X has confirmed a significant hydrocarbon accumulation…

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  • Lukoil Buys Cairn RSSD Stake for up to US$400 million

    PJSC Lukoil revealed on the 27th July that it has concluded an agreement with Cairn Energy Plc to buy a 40 percent stake in the RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for US$300 million in cash.   A potential…

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