US leads global refinery hydrotreater unit capacity
Global hydrotreater unit capacity has increased from 2015 to 2020 while the US led refinery hydrotreater capacity in 2020 with 17,097Mbpd.
Technology
Competitive edge: inside Axora’s call for offshore innovation
Axora’s “Cost-Saving Technology Challenge” aims to reward innovators and digital developers eager to change oil...
Saudi Aramco faces $50m ransom demand over hacked data
The extortionists are threatening to sell data, comprising project specifications among others, on a dark...
US issues new cybersecurity directives for critical pipeline operators
The new rules require operators to implement cybersecurity contingency and recovery plan and conduct architecture...
Modec in talks with Toyo for FPSO joint venture
The EPCI alliance for FPSO vessels could lead to launch of a joint venture company...
Petrofac secures three-year contract from ONEgas in UK
The contract includes EPC services to support the ONEgas’s assets in the Southern North Sea.
Adnoc awards contracts worth $750m to boost production capacity
The contracts for artificial islands in two offshore fields have been awarded to Adnoc Drilling, Schlumberger, and Halliburton.
Shell plans to build carbon capture storage facility in Canada
The Polaris CCS project, which is expected to be commissioned in mid-2020s, will have 300 million tonnes of CO₂ storage capacity.
Aker Solutions and Subsea 7 awarded subsea contracts for KEG field
Located in the Alvheim area of the North Sea, the KEG field is estimated to contain recoverable reserves of around 40mmboe.
ExxonMobil selects TechnipFMC and Halliburton for Payara project
The Payara field, due to commence production in 2024, will have a production capacity of 220,000 barrels per day.
McDermott receives EPCI contract for Santos’ Bayu-Undan offshore field
The scope of the contract involves a tieback of a single in-field well to existing facilities.
