Tag Archive

Indonesia to Build Refinery in Nigeria

Indonesia to Build Refinery in Nigeria

June 22, 2017 No Comments

The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with an Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, indicating interest to build a refinery in Nigeria. Mr. Adi Hartadi, the Head of Investor Relations […]

CGG WINS CONTRACT FOR PTT E&P PUBLIC COMPANY LIMITED IN THAILAND

CGG WINS CONTRACT FOR PTT E&P PUBLIC COMPANY LIMITED IN THAILAND

June 20, 2017 No Comments

CGG announced today that PTT Exploration & Production Public Company Limited (PTTEP) has renewed its contract for the dedicated processing center (DPC) CGG has been operating in Bangkok on its behalf since November 2013. The new contract will run for a further three years, from 1 March 2017 to 28 February 2020. The DPC is […]

Hess Announces Positive Liza-4 Results, Offshore Guyana

Hess Announces Positive Liza-4 Results, Offshore Guyana

June 19, 2017 No Comments

Hess Corporation (NYSE:HES) announced it has sanctioned the first phase of development of the Liza Field, one of the industry’s largest oil discoveries of the past decade, located on the Stabroek Block offshore Guyana. In addition, the company announced positive results from the Liza-4 well, which encountered more than 197 feet (60 meters) of high-quality, […]

Qatar Petroleum and Shell Form LNG Marine Fueling Venture

Qatar Petroleum and Shell Form LNG Marine Fueling Venture

June 14, 2017 No Comments

Qatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B.V. (Shell) today signed a framework agreement to develop liquefied natural gas (LNG) marine fueling – or bunkering – infrastructure at strategic shipping locations across the globe. LNG bunkering provides the shipping industry with a new fuel that helps meet the industry’s environmental and […]

Statoil announces revised exploration program in the Great Australian Bight

Statoil announces revised exploration program in the Great Australian Bight

June 8, 2017 No Comments

Statoil has signed a swap agreement with BP and has been granted regulatory approval to take over two exploration permits and extend its work program in the Great Australian Bight. The agreement between Statoil and BP covers four offshore petroleum titles: In offshore exploration permits EPP37 and EPP38 Statoil has transferred its 30% equity interest […]

Statoil Update on Election to it’s board of directors

Statoil Update on Election to it’s board of directors

June 6, 2017 No Comments

In a meeting in the Corporate Assembly of Statoil ASA (OSE:STL, NYSE:STO) on 6 June 2017 Jon Erik Reinhardsen was elected as new chair of Statoil’s board of directors. Chair of the board Øystein Løseth had informed the nomination committee that he did not wish to stand for re-election in 2017, as he wants to […]

Niger Delta Peace Initiative Boosts Refineries’ Production, Says NNPC

Niger Delta Peace Initiative Boosts Refineries’ Production, Says NNPC

May 18, 2017 No Comments

The Nigerian National Petroleum Corporation, NNPC, has said that the peace initiative of the Federal Government has raised capacity utilization its three refineries in Port Harcourt, Warri and Kaduna in recent times. NNPC Group Managing Director, Dr. Maikanti Baru, who disclosed this in Abuja during an interactive session with a delegation from the United Kingdom […]

Implico to show cutting-edge loading solutions at PRC Europe 2017

Implico to show cutting-edge loading solutions at PRC Europe 2017

April 25, 2017 No Comments

The oil and gas industry is getting ready for a new event: the first installment of the Petrochemical & Refining Congress (PRC Europe) is taking place in Hamburg, Germany, from 22 to 23 May 2017. Under the slogan “The Future is Here”, the Implico Group will be showing its cutting-edge solutions for refineries and tank […]

U.S. State Energy Data Release

U.S. State Energy Data Release

April 17, 2017 No Comments

State-level estimates of consumption, prices, and expenditures for asphalt and road oil, as well as total petroleum, for 2015 State Energy Data System (SEDS) estimates for consumption, prices, and expenditures for asphalt and road oil, as well as total petroleum (which is the aggregate of 25 petroleum products), for data year 2015, are available at […]

PIDX Appoints Implico’s managing partner to Membership Committee

PIDX Appoints Implico’s managing partner to Membership Committee

April 11, 2017 No Comments

PIDX International, the consortium for global data exchange standardization within the petroleum industry, has appointed Implico managing partner Michael Martens to its Membership Committee. In this role, he will advise oil and gas companies on PIDX communication standards. PIDX (Petroleum Industry Data Exchange) is a non-profit organization that standardizes the exchange of electronic data between […]

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