Gas Processing/LNG
UOP technology used to process natural gas on FPSO vessels in Brazil
Honeywell’s UOP said Tuesday that MODEC has commissioned a UOP Separex membrane system for processing natural gas on a new floating production, storage and offloading (FPSO) vessel in Brazil. The FPSO was commissioned in July 2011.
Foster Wheeler inks engineering, construction pact for Qatargas LNG
Foster Wheeler and joint venture partner Qatar Kentz have signed an engineering, procurement and construction management (EPCm) framework agreement with Qatargas Operating Co. (Qatargas). The agreement will be for three years with an option to extend for a further two years.
Iraq cabinet OKs $17.2 billion Shell gas deal
The Iraqi cabinet Tuesday approved a deal worth up to $17.2 billion for Shell to capture and process gas from three giant southern oil fields - Rumaila, West Qurna phase 1, and Zubair in the southern governorate of Basra, a government spokesman said. The Iraqi Oil Ministry initialed the Iraq South Gas agreements last July with Shell and Japan's Mitsubishi Corp.
Atlas Pipeline to expand natural gas processing capacity in west Texas
Atlas Pipeline announced plans to construct a new 200 million cubic feet/day (MMCFD) cryogenic processing plant to accommodate rapidly increasing Permian production in Texas. Pioneer Natural Resources, which partners with Atlas on the WestTX system and owns a 27.2% interest in the facility - will participate in the projects costs and cash flows and will anchor the production growth behind the expansion.
Japan, Russia agree to boost ties, eye LNG project
Japan and Russia signed a memorandum of understanding Saturday aimed at boosting economic relations between the two countries in broad areas including energy, high technology and health care. The two ministers also agreed to work together in a project to build a liquefied natural gas plant in Vladivostok, Russian Far East, for natural gas produced in the island of Sakhalin.
IHS acquires downstream market research firm Purvin & Gertz
Consultancy group IHS has acquired Purvin & Gertz, a global advisory and market research firm that provides technical, commercial and strategic advice to international clients in the petroleum refining, natural gas, natural gas liquids, crude oil and petrochemical industries.
BHP Billiton to spend $4.5bn on US shale this year
BHP Billiton Ltd. plans to invest roughly $4.5 billion developing the shale oil and gas assets it bought in the US this financial year as it ramps up production, the head of the mining company's petroleum division said Monday. BHP is targeting US shale production of 90 million barrels of oil equivalent in the year through June or about 250,000 BOE/day.
US shale study finds no clear link between fracking, water contamination
Initial findings from a study on hydraulic fracturing in shale gas development suggest no direct link to reports of groundwater contamination. The project leader offered early observations from the study at a briefing in Fort Worth, attended by local government officials, regulators and energy company executives.
API launches new US advertising campaign against higher oil, gas taxes
American Petroleum Institute (API) chief executive Jack Gerard unveiled a new advertising campaign this week, which he says is to encourage lawmakers on the US Joint Select Committee on Deficit Reduction to focus on job creation and revenues through economic growth rather than what the API calls “punitive tax increases” on industry. The new advertisements are available online for viewing.
IEA unveils 2011 World Energy Outlook, says policy changes needed to cut emissions
Without a bold change of policy direction, the world will lock itself into an insecure, inefficient and high-carbon energy system, the International Energy Agency (IEA) warned as it launched the 2011 edition of the World Energy Outlook (WEO). "Governments need to introduce stronger measures to drive investment in efficient and low-carbon technologies," said IEA executive director Maria van der Hoeven.
- TotalEnergies extends its fuel price cap policy in France until the end of April 4/7
- Navigating the montan wax challenge with renewable alternatives for polymers 4/7
- AFR selects Axens as technology provider for Texas (U.S.) refinery 4/7
- Iran has attacked Saudi Arabia's Jubail petrochemical complex, IRGC says 4/7
- Iran's Marvdasht Petrochemical complex attacked by US and Israel 4/7
- Fluor awarded engineering and design contract for America First Refining's refinery in South Texas 4/7
