Refining

WoodMac comments on the potential implications of IMO 2020 regulations for the downstream, upstream, LNG and bulk sectors.

Kendra Lee has been selected as a finalist for EY’s Entrepreneur Of The Year 2019 Award in the Gulf Coast Area.

ESAI Energy has reported that reduced Venezuelan and Iranian exports will give America an advantage in the Asian crude trade.

KBR will continue to provide General Maintenance Services at the SATORP refining and petrochemicals project in Saudi Arabia.

In an expansion of its portfolio of industrial pump technologies, ITT has acquired Rheinhütte Pumpen Group.

Adding a second refinery to its Gulf Coast downstream business, Chevron acquires Pasadena Refining System, Inc.

McDermott to provide FEED services for ADNOC’s refinery project at the Ruwais Refinery in Abu Dhabi

The Oil & Gas Innovation Centre has supported 100 projects and invested £6 million over the last five years.

Berkeley Engineering Consultants is one of 200 companies recognised at the awards.

Starting in 1972, IndianOil’s R&D Centre has filed 1001 patent filings.

Petrobras will divest a number of its refineries and service stations to reposition its downstream portfolio towards higher-yielding assets.

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.