Europe
Lukoil completes first wave of Iraqi worker training
Russia's OAO Lukoil has completed the training of some 170 Iraqis on various qualifications, including well production, oil and gas treatment, instrumental and control and mechanical engineering. Some 160 other Iraqis will graduate from the company's training center in Iraq in May 2014.
Yemen to raise prices on LNG exports by 2014
Yemen's oil ministry says its cabinet has approved a mechanism for modifying LNG prices and an agreement with all buyers on an average price will be reached before the end of the year.
Global LNG trade likely to decline again in 2013
Analysts say LNG supply is lagging demand due to a lack of new projects for exporting gas and falling supply from key exporters like Indonesia, the Middle East and Africa.
Rosneft, ExxonMobil line up contractors at Russian Far East LNG project
Capacity of the LNG project to be located on Sakhalin Island in the Russian Far East is expected to be 5 million tpy, subject to further expansion. The liquefaction plant, the launch of which is scheduled for 2018, will receive natural gas from Rosneft’s reserves in the Far East and other Sakhalin gas reserves.
Honeywell to supply control systems for Antipinsky refinery upgrade in Russia
Deploying Experion PKS is part of an initiative to create a single, central operations center at the Antipinsky refinery. As an additional part of this initiative, Honeywell will supply up to 60 additional workstations to the refinery, which will be installed in the unified refinery control center.
Clashes erupt at oil terminals in Eastern Libya
The closure of Libya's key oil ports by striking guards and workers, which has more than halved the country's oil production in recent weeks, has helped push oil prices higher, in addition to the Egypt crisis.
Foster Wheeler wins top UK award for health, safety performance
The RoSPA program recognizes commitment to accident and ill-health prevention and is open to businesses and organizations of all sizes from both the UK and overseas.
Uganda sees first oil refinery on stream by 2018
The refinery, located in Hoima district, some 130 miles west of the capital Kampala, will supply refined petroleum products to the domestic market, as the country seeks to slash its imports bill and become self-sufficient in fuel products. The refining project is expected to cost $2 billion.
Global LNG spending to double in next five years
The increase in capital expenditures includes onshore and offshore projects to liquefy gas for export, import terminals to regasify LNG and LNG carriers for transporting the fuel. By region, Australasia and North America are expected to bring most of the new supply to market.
Optimize your compressor maintenance program
One deviation alone might not be enough to bring on a compressor failure, but, when several more deviations combine, the failure risk is known to increase exponentially.
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