Refining

Saipem has signed an EPC Contract and Preliminary Agreement for work in Russia and Serbia worth around €500 million.

AspenTech will supply Rompetrol with software aiming to reduce unplanned downtime and maintenance costs.

WorleyParsons will become Worley following the acquisition of Jacobs Energy, Chemicals and Resources division.

The International Energy Agency notes that the global oil market is now adequately supplied but high oil prices should be avoided.

Hongrun will use Honeywell ionic liquids alkylation technology to produce cleaner-burning fuels.

Petrofac has won contracts to provide oil and gas training solutions in Oman, the UAE and Iraq, worth over US$30 million.

Final Investment Decision made by ExxonMobil for the expansion of ultra-low sulfur diesel capacity at Fawley Refinery by close to 45%.

The 400 t cracking column was installed by Mammoet in the CEPSA refinery in just four days.

The EIA has reported that the US exported an average of 5.6 million bpd of petroleum products in 2018, a new record.

ADNOC will expand its access to India by supplying its Group III base oil, ADbase, to IndianOil.

The Industrial Division of Advanced Diamond Technologies has been acquired by John Crane, expanding its mechanical seal technology offering.

Chevron’s President of Manufacturing Mike Coyle will discuss lessons learned over the last five years in downstream safety, workforce development, productivity, project sustainability, logistics and digitalisation.

A major milestone for ADNOC, the first-ever UAE-produced calcined coke shipment has set sail for China.

Shell’s share of the SASREF refining venture will be acquired by Aramco, giving it complete ownership of the project.

The EIA has reported that the US energy trade with Mexico involves importing crude oil and exporting petroleum products.