Norwegian LNG transport and floating LNG terminal operator Hoegh LNG AS—in what was considered by many as a surprise development—is reported as adding Australia to its list of potential destinations. Source: News
Saudi Arabia leads MENA investment plans
Saudi Arabia leads countries of the Middle East and North Africa (MENA) in future energy investment, according to a study by Arab Petroleum Investments Corp., Dammam, (APICORP). Source: News
India’s HPCL lets contract for Visakh refinery
Hindustan Petroleum Corp. Ltd. (HPCL) has let a contract to Honeywell International Inc. subsidiary Honeywell UOP LLC, Des Plaines, Ill., to deliver technology licensing and design for process units to be added as part of HPCL’s previously announced project to expand and modernize the 8.3 million-tonne/year Vishakhapatnam (Visakh) refinery in Andhra Pradesh, on the country’s […]
BP lets another Mad Dog Phase 2 contract
BP PLC let an engineering, procurement, and construction contract to OneSubsea, a Schlumberger company, to supply the subsea production system for the Mad Dog 2 Phase 2 development in the Gulf of Mexico. Source: News
MARKET WATCH: Crude oil prices could be settling into lower range
Light, sweet crude oil prices for April delivery dropped modestly on Mar. 20, holding above $48/bbl on the New York market in what one analyst calls a possible trend toward a new, lower range of oil prices than the $50-54/bbl range that had existed earlier this year. Source: News
Russia’s NefteGazIndustriya lets contract for Afipsky refinery
NefteGazIndustriya LLC, through a project developer, has let a contract to Houston-based CB&I to provide additional services related to the modernization of its 5.25 million-tonne/year Afipsky refinery at Krasnodar, Russia. Source: News
Painted Pony to make Montney acquisition
Painted Pony Petroleum Ltd., Calgary, will increase 2017 drilling in the Montney play of British Columbia to 71 wells and 64 completions from its previously planned 58 wells and 51 completions after acquiring UGR Blair Creek Ltd. in a $229.6-million (Can.) deal. Source: News
Chinese refiner taps Honeywell UOP catalyst for ULSD production
Shandong Wantong Petrochemical Group Co. Ltd. has let a contract to Honeywell UOP LLC, a subsidiary of Honeywell International Inc., to supply its proprietary high-activity HYT-6219 hydrotreating catalyst for production of ultralow-sulfur diesel (ULSD) at Wantong Petrochemical’s 6.5 million-tonne/year refinery in Donyging City, Shangdong Province, China. Source: News
Pan American begins horizontal multifrac reentry program in Vaca Muerta
Pan American Energy LLC has started a horizontal multifrac reentry program in the Vaca Muerta shale formation at Coiron Amargo Sur Este (CASE) in Argentina. Source: News
Texas AG seeks review of PHMSA’s final underground gas storage rule
Texas Atty. Gen. Ken Paxton (R) asked a federal appeals court to review the US Pipeline and Hazardous Materials Safety Administration’s final underground gas storage rule, saying that it improperly overrides the authority of the Texas Railroad Commission and similar agencies in other states to regulate such facilities. He filed a petition for review on […]