Permian Basin is much larger than we thought
Last week the U.S. Geological Survey (USGS) announced the largest estimate of continuous oil that it has ever assessed, and the region is the Permian basin in …
End-User Industries
Evonik will expand Darmstadt production plant
Evonik Resource Efficiency will invest in a capacity expansion of its Performance Foams business at its production site in Darmstadt, Germany. The investment …
First oil for Petronas with PFLNG Satu at Kanowit field
Four months after its announcement, Petronas’ first floating liquefied natural gas facility, PFLNG Satu achieved its first gas milestone on 14 November 2016 …
Technip announced a new vessel for subsea operations
Technip’s latest newbuild, the diving support vessel Deep Explorer, was officially named on Saturday November 12, in Norway. The traditional naming ceremony …
Aker Solutions and BP signed two framework contracts
Aker Solutions secured two five-year framework agreements for potential future deliveries of subsea production systems and lifecycle services at BP-operated …
Technip awarded important contracts in Asia and USA
The beginning of November brought two important contracts for Technip in Asia and USA. The first one has been awarded by SOCAR a contract for Engineering …
Uzbekistan is planning to bring hydropower energy up to 119MW in four years
The government of Uzbekistan will soon begin working to upgrade the production and efficiency of various hydropower plants, according to reports from the …
Gazprom has been allowed to use more than original 50% of Opal pipeline
The EU lifted a cap on Gazprom’s use of the Opal Pipeline in Germany, which takes gas from its Nord Stream Baltic Sea pipeline to end-users in Germany …
Eni and Anadarko close to FID on LNG projects in Mozambique
Italy’s Eni should make a final investment decision on its first offshore deepwater LNG project in Mozambique by the end of this year, Energy Minister …
One step ahead for Belo Monte hydropower facility
After a temporary stop some months ago, the third unit at the soon-to-be largest Brazilian hydropower facility Belo Monte hydropower facility, with a capacity …