Oil & gas news

Analysis of global planned isomerization capacity of refineries shows that China has the highest capacity globally with 204 800 bpd during 2018 to 2021. Nigeria and Iran follow with 106 400 bpd and 58 300 bpd respectively, according to GlobalData.

TechnipFMC has agreed the terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe (HFP) for use in offshore applications.

Petrobras reports that its total oil and natural gas production in February was 2.69 million boed, with 2.59 million boed produced in Brazil and 99 000 boed produced abroad.

Petrofac has been awarded a contract by Hindustan Petroleum Corporation Limited (HPCL) for its Sulphur Recovery Unit (SRU) Block Package for the Visakh Refinery Modernisation Project (VRMP), Visakhapatnam, Andhra Pradesh, India.

Strata-X Energy Ltd. have announced that the Company has acquired two new Prospecting Licenses for its Serowe CSG Project covering 406 735 acres.

Due to its crablike motion characteristics, Chela can reach below the cantilever as well as elevate towards the main deck, providing crane access to an area traditionally blocked by the cantilever when drilling.

The International Petroleum Summit (IPS), the annual conference of the Association of International Petroleum Negotiators (AIPN), is taking place in London this year on 23 - 25 April, 2018.

Archer and IKM joint venture opens up cost-effective pathway for world’s longest horizontal wells.

The majority of new developments, or 76 projects, fall under an early-stage category, while 54 of the new projects have progressed to well-defined development plans.

The Spotlight on New Technology Awards programme recognises the latest and most advanced technologies that are leading the industry into the future.