PDMI of Oman lets contract for petrochemical plant

Projects Development & Management International LLC (PDMI) of Oman has let a contract to SNC-Lavalin Group Inc., Montreal, to design and deliver a greenfield chloralkali polyvinyl chloride plant about 150 km southeast of the Omani capital of Muscat.  Source: News

ANP: Fourth presalt bid round raises $188 million in planned investments

The fourth production-sharing round in the presalt area offshore Brazil, held June 7 by the country’s National Petroleum, Natural Gas, and Biofuels Agency (ANP), raised $802.4 million in signing bonuses and $188 million in planned investments on the exploration phase. Source: News

Sen. Schumer demands new federal crude-by-rail volatility standards

US Senate Minority Leader Charles E. Schumer (D-NY) has asked US Departments of Energy and Transportation leaders to propose and quickly finalize new volatility standards for crude oil shipped by rail. New US Energy Information Administration data show shipments of crude by rail to Northeastern US refineries reached 3.1 million bbl in March—a level not […]

Iraq awards border-field rehab contracts

Iraqi Minister of Oil Jabbar Ali Al-Luiebi said he expects production to reach 500,000 b/d of oil from six fields to be rehabilitated under contracts awarded this month after a recent bid round.  Source: News

API launches coalition to expand US offshore activity

The American Petroleum Institute has launched a bipartisan coalition of more than 100 business and government leaders across the southeastern US states that will advocate expanding offshore US oil and gas activity onto the Mid-Atlantic Outer Continental Shelf and into the eastern Gulf of Mexico. Source: News