Fluor completes module fabrication for Fort Hills Energy oil sands

Fluor Corp. said it fabricated and shipped 358 modules to the Athabasca region of Alberta for the Fort Hills Energy LP oil sands mining project. Fluor has an engineering, procurement, fabrication, and construction contract for the utilities portion of the project. Source: News


Russian ethylene plant due cracking furnaces

PJSC Kazanorgsintez has let a contract to a division of Technip SA for delivery of three furnaces to the operator’s ethylene plant in Kazan, Tatarstan, Russia. Source: News


MARKET WATCH: NYMEX crude oil climbs back above $50/bbl

Light, sweet crude oil prices gained moderately to settle above $50/bbl for both November and December on the New York market Oct. 18 while the Brent crude oil contract for December settled at nearly $51.70/bbl on the London market. Source: News


Bangladesh lets contract for refinery expansion project

Bangladesh Petroleum Corp. (BPC) has let a contract to China National Petroleum Corp. (CNPC) subsidiary China Petroleum Pipeline Bureau (CPP) for the construction of an offshore single-point mooring (SPM) and dual-pipeline as part the expansion of subsidiary Eastern Refinery Ltd.’s (ERL) 1.5 million-tonne/year refinery at Chittagong, Bangladesh. Source: News


Statoil group makes two minor discoveries at Njord North Flank

Exploration well 6407/7-9 S (NF-2) at the Njord North Flank in the Norwegian Sea encountered a 102-m gross oil-bearing reservoir in Middle and Lower Jurassic sandstones of the Ile and 157-m gross gas condensate-bearing column in Lower Jurassic sandstones in the Tilje formation. Source: News