Gas processing

A brief round up of news from North America and Latin America.

The American Petroleum Institute comments on petroleum demand being up and approaching 20 million bpd.

An update on downstream construction plans from around the world.

The energy security strategies of states across the region, if not working in cooperation with each other, could have severe geopolitical and economic repercussions in a region where high food and oil prices threaten economic recovery and human security.

Fluor Offshore Solutions unit as been awarded a FEED contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for new offshore facilities located at the Nasr Field.

Proposals previously blocked by environmental groups have gained traction as planned Ohio diesel and jet fuel refinery switches from coal to natural gas. Also includes a round up of other US refining news.

Offer from Petron to sell the facility perceived as a sign of discontent from oil companies in the country. Elsewhere, complexes in Taiwan and Singapore come back onstream.

Leighton Offshore has been awarded a US$ 518 million contract which forms part of the Crude Oil Export Facility Reconstruction Project (the ‘Sea Line Project’), which is financed and supported through the Japanese Official Development Assistance (ODA) Loan by Japan International Cooperation Agency (JICA).

Latin America will account for half of the projected floating production Capex over the next five years according to a new Douglas-Westwood report.

The latest EIC Monitor tracking new active and future projects across the global energy industry shows growth in potential investment value across all sectors this quarter.

Aker Solutions has been awarded contracts for the supply of Pusnes offshore loading systems for ten shuttle tankers that will operate in Brazil and Norway. The total contract value for Aker Solutions is approximately NOK 150 million.

The organisation which represents America’s oil and gas companies has cautioned the president’s job council not to overlook potentially a million new oil and natural gas jobs, which could be created by energy development.

The French oil giant has begun outlining a merger between the refining and petrochemicals divisions, with a marketing division created separately. Also in France, a strike in a south eastern facility has been resolved.

Margins in the USA have been given a boost by lower crude prices. Elsewhere in the country, Murphy Oil sells two facilities while ConocoPhillips and Petrobras suffer following fires.

Global maintenance, construction and upgrading update from the downstream industry.