Jul 19, 2021
Iran set to start first oil export terminal in Gulf
Oil and Gas News
Jul 16, 2021
Other
The downstream oil sector - the supplier of 96% of the UK’s transport fuels – said it was committed to working with the UK Government to decarbonise the transport system following the release of the Transport Decarbonisation Plan (TDP).
The announced changes to the Renewable Transport Fuels Obligation (RTFO), will see a steady increase in renewable fuel content blended... [Read More]
Oil and Gas News
Jul 14, 2021
Other
The total consumption of fossil fuels in the US including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu) last year.
This was down 9% from 2019 and the lowest level since 1991.
Last year marked the largest annual decrease in US fossil fuel consumption in both absolute and percentage terms since at least 1949, according to the Monthly... [Read More]
Oil and Gas News
Jul 13, 2021
Other
Venezuela's state-run oil company PDVSA has started producing two upgraded crude grades for domestic refining.
PDVSA's 1.3 million-barrel-per-day capacity refining network and US sanctions have led to intermittent scarcity of cooking gas, petrol and diesel, making the nation more dependent on imports.
Following the restart of a key upgrader in June, operated by the Petrocedeno... [Read More]
Oil and Gas News
Jul 13, 2021
Pumps
Gardner Denver High Pressure Solutions has expanded its suite of pump offerings for the horizontal directional drilling (HDD) market with its new GD 800HDD pump.
The American-made pumpfeatures an extremely high flow rate of more than 1000 gpm, making it suitable for the most demanding horizontal drilling projects.
Its light weight eases transportation between work... [Read More]
Oil and Gas News
Jul 12, 2021
Valves
Petrotec and Flowserve have jointly opened a new dry gas seal repair and testing facility in the Salwa industrial area of Qatar.
The new facility, the Petrotec Service and Technology Centre, expands Petrotec’s existing wet seal repair and testing capabilities in Qatar and adds local compressor seal commissioning, inspection and repair capabilities.
Dry gas seals are... [Read More]
Oil and Gas News
Jul 9, 2021
Pumps
Pump supplier for the energy sector Hayward Tyler has announced an agreement with Ruhrpumpen, a leading manufacturer of pump systems, to better serve customers in the conventional power and industrial markets.
Under a license agreement, Ruhrpumpen will exclusively manufacture, sell, and supply parts and services for Westinghouse and Babcock & Wilcox pumps, using Hayward... [Read More]
Oil and Gas News
Jul 2, 2021
Pipelines
The technology group Wärtsilä will supply six flexible power plants operating on natural gas, with a total combined output of 380 MW to different locations in Italy.
The framework agreement contract was placed by Metaenergiaproduzione, a member of the Italian Metaenergia Group, with the order for two plants being booked prior to 2020, and the remaining four in Q4 2020.... [Read More]
Oil and Gas News
Jul 1, 2021
Pipelines
A specialist engineering company has invested more than £700,000 (€815,000) to develop tools which provide greener, faster and safer solutions for decommissioning in the energy sector.
Decom Engineering’s latest R&D investment has updated their Pipe Coating Removal (PCR) equipment, which cleans decommissioned or surplus pipelines of multiple coatings, so they can... [Read More]
Oil and Gas News
Jun 30, 2021
Pipelines
Construction company Denys is to design and lay the Porthos onshore pipeline.
Denys was awarded the contract following an intensive European tendering process lasting more than a year.
Porthos will transport CO2 from the Rotterdam port area and store it in empty gas fields under the North Sea. Denys will take care of the detailed design and construction of what will... [Read More]
Oil and Gas News
Jun 29, 2021
Pipelines
Vinyl Pipes has announced its intention to expand operations to the Sub-Sahara Region.
This is the region that the company believes will benefit the most from the n lightweight and durable solution that Vinyl uPVC Pipes have to offer.
The ability to deliver consignments under 21 days, adjust specifications, order timelines in line with the customer requirement and... [Read More]
Oil and Gas News
Jun 28, 2021
Pipelines
Construction work on the Baltic Pipe, which will bring Norwegian gas to Poland, has started with a vessel laying the first stretch of pipeline.
The Polish-Danish strategic gas infrastructure project that will also supply gas to Denmark will help Poland to diversify its natural gas supplies. It is planned to start operations next October.
"On June 27, Castorone, one of... [Read More]
Oil and Gas News
Jun 28, 2021
Flowmeters
Rotork has been selected as the sole provider of intelligent electric actuators for one of the largest offshore development projects in the Norwegian continental shelf, Johan Sverdrup.
Energy company Equinor ordered over 700 of Rotork’s IQ multi and part-turn actuators for the oil field in the North Sea, which is located approximately 150 km away from the coast of... [Read More]
Oil and Gas News
Jun 24, 2021
Pipelines
The Ministry of Petroleum (MoP) of the Republic of South Sudan announced the launch of the country’s first Oil Licensing Round.
The MoP has identified new exploration blocks with potential hydrocarbons and has compiled crucial data to provide to interested investors, operators and counterparties.
According to the new analysis commissioned by the Ministry, approximately... [Read More]
Oil and Gas News
Jun 24, 2021
Pipelines
Royal Dutch Shell Plc is reviewing its holdings in the largest oil field in the US - a possible sale that could raise as much as $10 billion (€8.37 billion).
The potential sale could include all of Shell’s 260,000 acres in the Permian Basin, according to a Reuters report.
The oil and gas behemoth is under pressure to accelerate carbon emissions cuts after a Dutch... [Read More]
Oil and Gas News
Jun 23, 2021
Valves
Severn Glocon and ValvTechnologies have reached a partnership agreement that will see collaboration between two leading engineering and manufacturing companies specialising in innovative and severe-service valves.
Subject to regulatory approval in the US, the partnership will combine the brands’ distinctive and complementary capabilities to extend the global reach,... [Read More]
Oil and Gas News
Jun 23, 2021
Flowmeters
Oxford Flow, the flow control equipment specialist for oil, gas, water and industrial process industries has announced some successes over the past 12 months despite pandemic.
The company said this was aided by the £12.5.5 million (€14.6 million) investment that was secured in 2020 from Georg Fischer Piping Systems.
Neil Poxon, CEO of Oxford Flow, said: “Despite... [Read More]
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