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Hydrocarbons Technology-Updates



The latest content updates from the www.hydrocarbons-technology.com web site



 



Tubridgi Gas Storage Project

Tue, 25 Apr 2017 23:00:00 GMT

DUET Group subsidiary DBP Development Group (DDG) is developing a natural gas storage facility at the depleted Tubridgi field reservoir, located roughly 30km from Onslow, Western Australia.



Germany’s Bentec to foray into North American oilfield equipment market

Tue, 25 Apr 2017 23:00:00 GMT

German drilling rig supplier Bentec has been awarded a contract by North American onshore drilling contractor Xtreme Drilling for the supply of three major drilling equipment packages.



Pengrowth Energy to sell remaining Swan Hills assets in Canada for $185m

Tue, 25 Apr 2017 23:00:00 GMT

Canadian-based oil and natural gas company Pengrowth Energy has reached an agreement to sell the remaining portion of its Swan Hills assets in North Central Alberta.



European energy firms sign financing agreements for Nord Stream 2 gas pipeline

Tue, 25 Apr 2017 23:00:00 GMT

European companies Shell, ENGIE, OMV, Uniper and Wintershall have signed financing agreements with Nord Stream 2, which is responsible for the construction and operation of Nord Stream 2 gas pipeline project.



Implico to Attend First PRC Europe Event in Hamburg, Germany

Tue, 25 Apr 2017 12:24:00 GMT

Implico is pleased to announce that it will be presenting at the first installment of the Petrochemical & Refining Congress (PRC Europe), taking place from 22-23 May 2017 at the Radisson BLU Hotel in Hamburg, Germany.



Condor Petroleum provides operations update on Poyraz Ridge gas field in Turkey

Mon, 24 Apr 2017 23:00:00 GMT

Condor Petroleum has announced that construction of the Poyraz Ridge 15 million square cubic feet a day (mmscfd) gas processing facility in Turkey is proceeding to schedule, with the first gas being targeted mid-year.



Schlumberger invests in Meridja and Tendrara relinquished areas onshore Morocco

Mon, 24 Apr 2017 23:00:00 GMT

African and European upstream gas company Sound Energy has signed a binding heads of terms agreement with global oilfield services company Schlumberger.



C6 Technologies' ComTrac system now in operation

Mon, 24 Apr 2017 23:00:00 GMT

C6 Technologies' new ComTrac system is undergoing field trials following extensive test well runs.



MMEX Resources forms strategic relationship with Trinity Consultants

Sun, 23 Apr 2017 23:00:00 GMT

MMEX Resources has announced a strategic relationship with environmental consulting firm Trinity Consultants.



Patterson-UTI Energy completes merger with Seventy Seven Energy

Sun, 23 Apr 2017 23:00:00 GMT

Patterson-UTI Energy has completed its merger with Seventy Seven Energy in an all-stock transaction.



Reliance Industries begins commercial production of coal bed methane in Sohagpur, India

Sun, 23 Apr 2017 23:00:00 GMT

Reliance Industries (Reliance) began commercial production from its Coal Bed Methane (CBM) block SP (West)-CBM-2001/1 last month, and is currently supplying CBM for commissioning the Shahdol Phulpur Pipeline (SHPPL).



Razor Energy signs agreement to acquire strategic light oil assets in Alberta

Thu, 20 Apr 2017 23:00:00 GMT

Razor Energy has signed an agreement to acquire strategic assets in west-central Alberta, Canada, in a deal valued at $9.6m in cash.



Report: Americas leads global upstream M&A activity in March 2017

Thu, 20 Apr 2017 23:00:00 GMT

The Americas region witnessed the highest upstream merger and acquisition (M&A) activity globally in March 2017, according to a report by GlobalData.



Deals this week: Brookfield Business Partners, Parkland Fuel Corporation, Ring Energy

Thu, 20 Apr 2017 23:00:00 GMT

Brookfield Business Partners has agreed to buy 100% interest in the gas station network of Loblaw Companies for a purchase consideration of $404.5m.



Northern Territory to fund feasibility study into second Darwin LNG train

Thu, 20 Apr 2017 23:00:00 GMT

The Northern Territory government has announced a contribution of $250,000 towards a feasibility study into the potential expansion of ConocoPhillips’ Darwin Liquified Natural Gas (DLNG), which could create thousands of jobs in the region.



M&As this week: Harmony Merger, Indorama Ventures, Ektos-Volga

Thu, 20 Apr 2017 23:00:00 GMT

Harmony Merger has agreed to acquire NextDecade in a reverse takeover transaction, involving payment of an additional $200m of contingent stock consideration to NextDecade upon accomplishment of certain milestones.



Service Solutions for the Oil and Gas Industry

Thu, 20 Apr 2017 13:35:00 GMT

Customised and innovative service solutions help you to reduce maintenance time and cost, and improve the efficiency and reliability of your equipment.



Conclusions based upon Facts

Thu, 20 Apr 2017 08:43:00 GMT

To successfully build a machine that will accelerate evaporation, we need to achieve a hang time of at least 20 seconds for a water droplet that is 180 microns.



KBR to provide engineering and construction management services to Chevron Indonesia

Wed, 19 Apr 2017 23:00:00 GMT

KBR has been awarded a five-year contract by PT Chevron Pacific Indonesia for engineering, project and construction management services for Chevron's operating fields in Sumatra, Indonesia.



Bahrain LNG Terminal

Wed, 19 Apr 2017 23:00:00 GMT

Construction of the first liquefied natural gas (LNG) receiving and regasification terminal in the Middle East is currently underway in the Hidd Industrial area of Kingdom of Bahrain.