Crude oil
Jacobs wins FEED phase of clean fuels, aromatics project at Ras Tanura refinery
Jacobs Engineering Group said Tuesday that it has been awarded the second phase of the clean fuels and aromatics project at the Ras Tanura refinery. This award is under the Saudi Aramco general engineering and project management services (GES+) contract.
ExxonMobil, Rosneft agree to $3.2bn Arctic oil deal
Rosneft and ExxonMobil said they have agreed to undertake joint exploration and development of hydrocarbon resources in Russia, the US and other countries throughout the world, while also beginning technology-sharing activities.
Bahamas oil terminals restart after Hurricane Irene
Buckeye Partners initiated start up procedures on Friday at BORCO, its marine terminal in the Bahamas, following the passage of Hurricane Irene. Buckeye had suspended operations at the terminal on Wednesday night as part of its preparations to secure the facility for Irene.
KBR awarded engineering design deal for BP FPSO project in UK
KBR said it received a letter of award from Hyundai Heavy Industries Co. to perform engineering design and procurement support for the BP Quad 204 floating production storage and offload (FPSO) project to be located west of Shetland Isles in UK waters.
Foster Wheeler awarded EPCm contract for Engen South Africa pipeline project
Foster Wheeler has been awarded a contract by Engen Petroleum for engineering, procurement and construction management (EPCm) services for Engen’s new multi-products pipeline feeder lines and infrastructure project at the company’s Durban refinery in South Africa.
Albemarle to produce renewable base oils for Amyris, Cosan JV
US specialty chemicals producer Albemarle has agreed to supply base oils to Novvi, a joint venture between Amyris and Cosan focused on the development, production, marketing and distribution of renewable base oils from Biofene, Amyris' renewable farnesene.
Enterprise, Energy Transfer call off proposed JV for Cushing-to-Houston crude pipeline
Enterprise Products has called off its proposed joint venture with Energy Transfer to develop and construct a 584-mile crude oil pipeline from Cushing, Oklahoma to Houston.
Anadarko picks Technip to engineer Gulf oil project
Anadarko Petroleum has issued a letter of intent to France-based Technip for the engineering, construction and transport of a 23,000 ton Truss Spar hull for their Lucius field development. This field is located in approximately 7,100 feet (2,165 meters) of water in the US Gulf of Mexico.
Technip wins design deal for Qatargas refinery expansion
Technip has won the design contract for a capacity-doubling expansion of Qatargas’ Laffan condensate refinery, officials said on Friday. France-based Technip will design facilities to raise output to 292,000 bpd, up from 146,000 bpd. The value of the front-end engineering and design deal was not disclosed.
INEOS venture receives $75mn in US financing for Florida bio-refinery project
INEOS Bio announced that its joint-venture project, INEOS New Planet BioEnergy (INPB), has finalized $75 million in private financing utilizing the US Department of Agriculture (USDA) loan guarantee program for its new Indian River BioEnergy Center located in Florida.
- Veolia and SBM Offshore partner to deploy near-shore, floating desalination units 1/15
- Formosa Petrochemical extends Taiwan cracker shutdown due to weak derivative margins 1/15
- Cargill advances maritime Decarbonization with delivery of first green methanol dual-fuel vessel 1/15
- TotalEnergies and Bapco Energies launch BxT Trading, a new player in the trading of petroleum products in the Middle East 1/14
- Advent Technologies and Airbus expand fuel cell technology for the aviation industry 1/14
- Moeve and Galp negotiating to combine downstream activities to form leading European energy and mobility platforms 1/14
