Oil & gas news

API CEO releases a statement in support of budget negotiators of the bipartisan debt ceiling bill, which passed through Congress on August 2nd.

Costain isto provide cryogenic expertise on FEED study for FLEX LNG’s fixed floating LNG production project for operations in Papua New Guinea.

Technip has officially launched its Offshore Wind business, the Aberdeen office will act as a ‘centre of engineering excellence’ and will support the UK and other European offshore wind projects.

Penn Virginia Corp. is to sell all of its Arkoma Basin properties, together with certain other Mid-Continent properties, to an undisclosed buyer for US$ 30.5 million in cash.

Multiphase simulation can improve performance of oil and gas separation equipment.

A quick round up of recent downstream news from the Americas.

ConocoPhillips today announced approval of the final investment decision for the initial train of a two train LNG 9 million tpa project by Australia Pacific LNG in Queensland, Australia.

Holly Energy Partners has announced two expansion projects to provide 60,000 bpd of additional crude pipeline take-away capacity resulting from increased Delaware Basin drilling activity in southeast New Mexico.

Praj Industries Limited, global biofuels technology and process engineering Company, has won a contract for a large Ethanol plant in Colombia from Isolux Corsan of Spain, who are the main contractors for the project of Bioenergy S.A.

Hess Corp. in partnership with Petroceltic International PLC, has signed production sharing contracts (PSCs) with the Kurdistan Regional Government of Iraq for its Dinarta and Shakrok exploration blocks.