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Enbridge Inc. on Sept. 7, 2021, announced that it has entered into a definitive purchase agreement with EnCap Flatrock Midstream to acquire Moda Midstream Operating, LLC (Moda) for U.S. $3.0 billion in cash, subject to closing adjustments. The acquisition will significantly advance the Company’s U.S. Gulf Coast export strategy and connectivity to low-cost and long-lived reserves in […]
Trican Well Service Ltd. is pleased to announce that it will expand its fleet of next generation, low emissions fracturing equipment by upgrading a second set of existing pumping equipment with CAT Tier 4 dynamic gas blending engines. The conversion to Tier 4 DGB engines will provide industry leading reductions in emissions and lower fuel […]
The Colombian Maritime Authority, DIMAR has selected Fugro to perform a joint environmental and exploration seep study in the Caribbean Sea. The project began in late August, building on the success of a similar effort with DIMAR in 2019, and is scheduled to complete in November. As with the previous collaboration, this year’s work will involve the acquisition, analysis and interpretation of seabed sediment samples and heat flow measurements to help assess the region’s resource potential. Fugro will also provide classroom- and vessel-based training […]
Norwegian export credit agency Eksfin (formerly Export Credit Norway and GIEK) is playing a major role in accelerating the ‘green shift’ at sea, providing loan guarantees approaching 1 billion Euro for the construction of 35 eco-friendly vessels over the last four years – including ‘Le Commandant Charcot’, the world’s most exclusive polar exploration cruise ship […]
Aker Solutions has been one of the biggest suppliers to the development of Johan Sverdrup. The company has, among other things, delivered front-end engineering and design (FEED) to both phases of the project, four out of five jackets, the living quarters platform and hook-up and integration services, as well as the large module that is […]
08 September 2021 The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing countries, on Monday joined OPEC, non-OPEC, and a plethora of other international energy organisations to present a unified front on the advancement of natural gas as part of a balanced energy solution to achieve sustainable development goals. The […]
Suncor Energy announced, September 8, 2021, it has entered into a conditional agreement to increase its interest in the White Rose asset subject to a restart decision on the West White Rose project. As part of the conditional agreement, Cenovus, the operator, will complete a restart evaluation for the West White Rose project by mid […]
China is expected to register the highest refinery hydrotreater capacity additions in Asia between 2021 and 2025, contributing about 50% of the total capacity additions by 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Refinery Hydrotreater Units Outlook to 2025 – Capacity and Capital Expenditure Outlook with Details of All Operating […]
Honeywell announced that PBF Energy Inc., an independent petroleum refiner and supplier of transportation fuels, would use Honeywell Ecofining™ technology for a potential renewable diesel project at its Chalmette Refinery in Louisiana. PBF is currently evaluating the conversion of an idle hydrocracking unit at the plant to a single-stage Ecofining unit that if built would […]
In light of the prevailing uncertainty in global energy demand, there is a heightened focus on cost reduction across all functions in the oil and gas industry. Leading players are seeking to simplify transaction processing using blockchain to boost operational efficiency and minimize compliance issues, says GlobalData, a leading data and analytics company. According to […]
