Gas processing

According to the latest report from the EIA, crude oil prices increased in 2016, but are still below 2015 averages.

According to Persistence Market Research, the flare gas recovery system (FGRS) market is expected to reach US$2000 million by 2020.

Linde has announced the selection of Adel, Georgia, as the site of its new atmospheric gases plant to serve the US market.

Technip has been awarded a service contract including proprietary technologies for a new gas and petrochemical complex in Azerbaijan.

Alfa Laval has announced it been awarded with an energy efficiency order, valued at SEK 150 Million, for a gas plant in the Middle East.

Demand for equipment used in midstream oil and gas applications in the US is projected to decline to US$10.5 billion in 2019.

Bechtel Group, Inc. Vice Chairman Bill Dudley won the prestigious LNG Executive of the Year award at the 17th CWC World LNG Summit in Barcelona, Spain.

The gas to liquids (GTLs) processes for chemicals and energy market is expected to reach US$15.5 billion by 2022 with CAGR of 6.7%, according to Wise Guy Reports.

According to Grand View Research, the carbon capture & storage (CCS) market will exceed US$8.75 billion by 2025.

Duke Energy has announced it has completed the sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina.

Total has announced it will make a US$207 million investment in Tellurian in order to develop an integrated gas project.

Linde and Praxair have announced their intention to merge, retaining the Linde name.

NGL Energy Partners has announced it will acquire certain assets from Murphy Energy Corporation.

NRG has announced that it has completed four coal to gas projects and will continue its fleet optimisation strategy.

Praxair, Inc. has started up its carbon dioxide purification and liquefaction plant at Delaware City Refining Company’s facility in Delaware City.