UK
The Oil & Gas and Petrochemical market is surging on Q2 2021.
Along that year, the Covid and the mass communication about energy transition affected heavily projects investment decisions. So, that 2021 started in great uncertainty. But the demand was there. Therefore, we could observe a well loaded funnel of projects for sanction in 2021 and 2022.
BASF selected US Texas Freeport for greenfield MTO The German chemical giant BASF SE (BASF) has selected its Freeport existing site on the Texas US Gulf Coast to build a greenfield Methane-To-Olefins (MTO) complex based on the critical methane-to-propylene (MTP) conversion. While the Bundestag, the German Parliament, continues to debate about the opportunity to allow or […]
Future of Manufacturing to boost developed countries In order to present the “Future of Manufacturing” big picture we remind here the genesis of this concept and the basics about digital technologies. Then we shall introduce the main goals of this innovative approach. Over the last thirty years all the developed countries, except Germany, have seen […]
Waste Management to monetize waste biogas into GTL Ventech Engineering International LLC (Ventech), Velocys plc (Velocys), Waste Management Inc. (Waste Management) and NRG Energy Inc. (NRG) formed a joint venture to develop and promote gas-to-liquids (GTL) small-scale production units to monetize biogas and natural gas. These four companies are bringing together their respective expertise to take the […]
Petrofac contracted as Block R Development Operator The London-based junior company Ophir Energy plc (Ophir) has appointed the engineering company Petrofac from UK, to support them for the development of the natural gas reserves held in the Block R, offshore Equatorial Guinea on the west coast of Africa. While listed in UK with main operations […]
Consol and Range to supply shale gas to Ineos cracker The US-based junior companies Consol Energy Inc. (Consol) and Range Resources Corporation (RRC or Range Resources) signed long term agreements with the Swiss registered petrochemical company Ineos Group AG (Ineos) to import shale gas from the USA to supply its ethylene cracker at Grangemouth complex in […]
Sevan completed Bream-Mackerel FPSO pre-FEED The London-based junior company Premier Oil Limited (Premier Oil) and its partners, the State-owned Kuwait Foreign Petroleum Exploration Company KSC (KUFPEC) and the FTSE-listed Tullow Oil (Tullow), are on the point to select the conceptual design to be used for the development of the Bream and Mackerel oil and gas fields offshore […]
BP and China create Northwest Innovation Works JV The UK super major BP and China Academy of Sciences created a cascade of joint venture called Clean Energy Technology Company to run the Northwest Innovation Works joint venture, a newly formed company, to build and operate twin major greenfield methanol plants at Port of Kalama in Washington, […]
