Oil & Gas
Definition UHMWPE is the acronym of Ultra High Molecular Weight PolyEthylene UHMWPE is a linear, low-pressure, Ziegler-type-catalyst, polyethylene resin. Comments UHMWPE has an extremely weight-average molecular weight, approximately ten times that of high molecular weight, High density polyethylene (HDPE) resins. Because of its ultra high molecular density, UHMWPE has both the highest abrasion resistance and highest impact strength of any plastic. In […]
Sabic expands Kayan complex into strategic chemicals Saudi Kayan (Kayan) is an affiliate of Saudi Basic Industries Corporation (SABIC) to run and operate one of the largest petrochemical complex in the world located in the Jubail Industrial City. Sabic designed it to reduce Saudi economy reliance on crude oil in bringing up to the market high added […]
Shell do not revise its offer on Cove Energy against PTT Last February, Shell Exploration and Production B.V.(Shell) had made an offer on to take over Cove Energy (Cove), then the Thai National Oil Company (NOC), PTTEP came into the game with the counter offer. After different bids, both companies maintained their conditions, Shell at $0.220 per share and PTTEP at $0.240 while Coves‘ […]
Definition HVDC is the acronym of High Voltage Direct Current. HVDC refers to a technology to transmit high electric power across long distances, typically several hundreds kilometers Comments The modern form of HVDC transmission uses technology developed extensively in the 1930s in Sweden by ABB. Early commercial installations included one in Russia in 1951 between Moscow […]
Wentworth leads consortium with Cove Energy and Maurel & Prom The Dubai-based Wentworth Resources (Wentworth) is an independent oil and gas company with natural gas production and a committed exploration program in the Rovuma Basin of southern Tanzania and northern Mozambique. Wentworth and its concession partners Cove Energy (Cove) and Maurel & Prom own a gas […]
Gazprom and Novatek to boost Yamal giant fields development The Yamal Peninsula and the near by Gydan Peninsula concentrate among the biggest reserves of natural gas and condensate in the world. The exploration of the Yamal Peninsula and offshore area around has disclosed 11 natural gas and 15 oil, natural gas and condensate fields with approximately: – 16 trillion cubic […]
Definition Associated gas refers to the natural gas found in association with oil within the reservoir. There are also reservoirs that contain only natural gas and no oil, this gas is termed non-associated gas. Comments Raw natural gas comes from three types of wells: oil wells, gas wells, and condensate wells. natural gas that comes from oil wells […]
Sibur kicks off Russian largest petrochemical complex If Russia is among the biggest producer and exporter of oil and gas, Russia is also a net importer of petrochemical products. In the same way as Russia has multiplied strategic alliances with western companies, such as ExxonMobil, Statoil, ENI, Total to boost its upstream sector, Russia is also […]
