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Iraq Plans New Oil Export Pipelines

Date : Jul 22, 2019

As Iraq exports most of its crude oil production, the Iraqi government is trying to diversify its oil export outlets in a bid to avoid any damage that could result from the tense security situation in the Gulf region.

 

Iraqi Prime Minister Adel Abdul Mahdi said in a press conference July 9 said that the government was considering export routes through Syrian and Jordanian territory, and added that Baghdad is “worried about the current events in the Strait of Hormuz and their potential impact on the Iraqi economy.”

 

Last month, Iraq's production of crude oil reached 3.52 milli...

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Main Gas Fields in KG-D6 Block in Late Life Stage: Reliance

Date : Jul 22, 2019

Reliance Industries has said its flagship natural gas fields in the KG-D6 block in the Bay of Bengal are in “a late life stage” with output plummeting to an all-time low. The company, beginning mid-2020, will bring to...

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Qatargas Successfully Delivers 3000th LNG Cargo to Japan

Date : Jul 22, 2019

Qatargas, the World's Premier LNG Company, announced a historic milestone as it successfully delivered the 3,000th Liquefied Natural Gas (LNG) cargo to Japan since the first ever Qatari shipment was delivered to...

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Noble Corp Receives Extensions for Jack-ups Rigs in UK & Saudi Arabia

Date : Jul 22, 2019

Offshore drilling contractor Noble Corporation has been awarded contract extensions for two jack-up rigs in the UK and Saudi Arabia. In its latest fleet status report released on Thursday, Noble Corp. said that Total had awarded a...

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KBC to Enhance Triple Bottom Line Performance of ME Oil Refineries

Date : Jul 19, 2019

Three oil refineries to benefit from enhanced resilience from KBC’s Profit Improvement Program® amid growing risk of oil demand under-performance. To combat imminent global economic headwinds, KBC (A Yokogawa Company) has...

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Diesel Sent from Patna for Trial of Petroleum Pipeline

Date : Jul 19, 2019

The petroleum pipeline from India to Amlekhgunj is set to come into operation soon. Diesel has been sent from Patna of Bihar Wednesday for trial of the pipeline and it is expected to reach Amlekhgunj by Thursday evening, according to...

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BPCL to Set Up Ethanol Biorefinery in Maharashtra

Date : Jul 19, 2019

The Bharat Petroleum Corporation (BPCL) will set up Maharashtra’s first-ever ethanol biorefinery at Vidarbha’s Bhandara district. The project will entail an investment of Rs 1,500 crore.

 

The...

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Iraq to Sign Deal with Honeywell for Artawi Gas Processing, says Ministry

Date : Jul 19, 2019

Iraq's oil ministry said on Tuesday it would sign an agreement on Wednesday with U.S. energy company Honeywell to process natural gas from its Artawi southern oilfield.

 

The memorandum of understanding would "develop...

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India Cannot Afford to Ban Petrol and Diesel Vehicles: Petroleum Ministry

Date : Jul 18, 2019

Though the government is currently pushing for the greater use of electric vehicles with an aim of cutting down on its imports for oil in order to save the environment, it has no plans to completely ban the use of petrol and diesel-powered...

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Sufficient Oil Available to Offset India’s Lost Iranian Imports: Petroleum Minister

Date : Jul 18, 2019

There are adequate oil supplies in the market to compensate for lost oil imports from Iran, Indian oil minister Dharmendra Pradhan said in New Delhi on Tuesday. India halted imports from Iran after the United States' May...

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Indo-Nepal Petroleum Products Pipeline Ready for Commercial Operation

Date : Jul 22, 2019

This is the first transnational petroleum pipeline from India and the first South Asian oil pipeline corridor. It is also the first oil pipeline in Nepal. Indian Oil Corporation (IOC) and Nepal Oil Corporation (NOC) have successfully completed the testing transfer of the pipeline. The diesel released from Motihari in Bihar received at Amlekhgunj in Nepal on Friday. The pipeline is now technically commissioned and ready for launch. The oil pipeline will ensure smooth, cost-effective and environment-friendly supply of petroleum products to Nepal.   The prestigious project is expected to be inaugurated soon by the Prime Minister Narendra Modi and his Nep...

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Petrobras Set To Launch Tenders for Floating LNG Plant.

Date : Not Given

Brazilian state-run energy giant Petroleo Brasileiro SA, or Petrobras, will launch tenders for a floating natural-gas liquefaction plant, with proposals for the unit expected in less than a month. Petrobras' initial plans are to have the company's first...

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Cape Wins Borouge Phase 3 Thermal Insulation Contract

Date : Not Given

Consolidated Contractors International Company and Linde Engineering have awarded an $18m contract to the industrial services provider Cape to provide thermal insulation works on the Borouge phase III petrochemical project in Ruwais, Abu Dhabi. Following...

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The first steam injection by S.A.C.

Date : Not Given

The first steam injection was achieved by the Saudi Arabian Chevron .S.A.C.. at its Large Scale Pilot .L.S.P.. steamflood...

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Qatargas announces the commissioning of LNG Terminal 6, flare tower.

Date : Not Given

Qatargas announced Saturday that it has passed a major milestone towards completing a new berth for liquefied natural gas .LNG. tankers at Ras Laffan Port, with the safe installation of 68 meters-tall flare tower. The new terminal, LNG Berth 6, will be...

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Iraq, CNPC Invite Bids for Halfaya Works

Date : Not Given

Iraq, China's CNPC and its partners have invited oil service companies to bid for the rehabilitation of 10 oil wells in the 4.1 billion-barrel Halfaya oilfield. A statement posted on the state-run Maysan Oil Company's website invited bidders to provide...

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Qatofin to Reach Full Polyethylene Capacity by 2011

Date : Not Given

Qatofin will attain full production capacity of linear low-density polyethylene .LLDPE. by early 2011, with Ras Laffan Olefins Company supplying the required ethylene feed stock. The ethylene produced at the ethylene cracker in Ras Laffan Olefins Company...

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Qatargas Begins LNG Production On Train 6

Date : Not Given

Qatargas has started liquefied natural gas .LNG. production on Train 6, it said on Nov 13. Part of the Qatargas 3 project, the train is part of efforts to reach the Gulf Arab state's production target of 77 million tonnes per year by mid-December 2010....

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SAIC Wins $27M EPC Contracts from Holly Corp., USA

Date : Not Given

Science Applications International Corporation .SAIC. has secured two engineering, procurement and construction services .EPC. contracts from independent petroleum marketer and refiner Holly Corporation in Oklahoma. The first contract will support...

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Mundra Power Plant Capacity to Increase 2,000 MW by Dec

Date : Not Given

Adani Power Limited said that the power generation capacity of its Mundra power plant will increase to about 2,000 MW by December with the commissioning of two new units over the next two months. Adani Power CEO Ravi Sharma said that the plant currently...

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Petrobras to Issue Tender Details for 28 Rigs Next Week.

Date : Not Given

Brazilian state-run oil company Petrobras .PBR. plans to issue tender details next week for 28 deep-sea and ultra deep-sea drilling rigs, Guilherme Estrella, director for exploration and production, said Wednesday. Estrella said the first eight rigs...

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