Bangkok refinery due new unit, enters turnaround

Bangchak Petroleum Public Co. Ltd. (BPPC) has let a contract to Axens SA, Rueil-Malmaison, France, to provide process technology and equipment for a grassroots unit to be built as part of the company’s Efficiency, Energy, and Environment (3E) project at its Bangkok refinery. Source: News


MARKET WATCH: Reaction mixed to four producers’ agreement

Russia, Saudi Arabia, Venezuela, and Qatar announced an agreement to freeze production at existing high levels if other producers will do the same. Response to the announcement varied widely among analysts, many of them questioning how Iran and other key producers will react. Source: News


BLM proposes rule aimed at improving resource management process

The US Bureau of Land Management proposed a rule aimed at improving its resource management process. The proposed regulations are part of the US Department of the Interior agency’s Planning 2.0 initiative, which it launched in May 2014. Comments will be accepted for 60 days following its publication in the Federal Register in the next […]


Croatian refinery due processing unit

Croatia’s INA Industrija Nafte DD, Zagreb, has let a contract to Duro Dakovic Industrijska Rjesenja DD, a subsidiary of Djuro Djakovic Holding DD, to supply equipment for a processing unit to be installed at its 4.5 million-tonne/year refinery along the northern part of the Adriatic Sea at Urinj, Rijeka province, Croatia. Source: News


Netanyahu backs gas deal before High Court

Prime Minister Benjamin Netanyahu made an unprecedented personal appearance before Israel’s High Court of Justice on Feb. 14 to defend his maneuvers in support of deepwater natural gas development. Source: News


Statoil lets FEED contract for Trestakk subsea tieback

Operator Statoil ASA has two contracts for subsea front-end engineering and design (FEED) studies for the Trestakk discovery subsea tieback to the Asgard A floating production, storage, and offloading vessel in the Norwegian Sea. Source: News


Carboniferous sandstone targeted onshore UK

Egdon Resources PLC spudded the Laughton-1 well in UK onshore license PEDL209 in Lincolnshire, UK, on Feb. 12. The well is targeting a structural trap at 1,500 m. According to the company, the Laughton prospect has multiple conventional targets, of which the 15-m thick Silkstone Rock is the primary interval. Source: News