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Axens Awarded for a PolyFuel® Contract in Romania
OMV Petrom has selected Axens to supply the PolyFuel® technology for its project at the Petrobrazi Refinery.The capacity of the project is 200,000 tons per year.

date.png30 Dec 2016 21:12 | comments.png 0 Comments | tags.png axens engineering europe omv petrom refining romania [ More ]

Shell takes final investment decision to build Solvent Deasphalter unit at Pernis refinery in the Netherlands
Shell today announces it has taken the final investment decision to build a major new unit at the Pernis refinery in Rotterdam, the Netherlands. The Solvent Deasphalter (SDA) unit will remove heavier fractions from crude oil, allowing the refinery to upgrade a larger proportion of its oil intake into lighter, high-grade products.

date.png09 Dec 2015 14:01 | comments.png 0 Comments | tags.png engineering europe netherlands refinery shell [ More ]

Sale Of Norwegian Business
Premier is pleased to announce that it has agreed to sell Premier Oil Norge AS (“PONAS”) which comprises all its Norwegian assets, to Det norske oljeselskap ASA (“Det norske”) for a cash consideration of $120 million. The proceeds will be used to pay down the Company’s debt and represents another step in Premier’s previously stated programme of portfolio management. The transaction is subject to the receipt of government approval and is expected to complete by year-end.

date.png09 Dec 2015 11:51 | comments.png 0 Comments | tags.png det-norske europe norway premier upstream [ More ]

ExxonMobil to Expand Rotterdam Hydrocracker to Produce Higher-Value Products
ExxonMobil will expand the hydrocracker unit at its Rotterdam refinery to upgrade heavier byproducts into cleaner, higher-value finished products, including EHCTM Group II base stocks and ultra-low sulfur diesel, to meet growing global market demand.

date.png02 Nov 2015 18:44 | comments.png 0 Comments | tags.png europe exxon netherlands refinery [ More ]

Rosneft agreed to sell 8.99% interest in Saras S.p.A.
Rosneft JV Projects S.A. (Luxembourg), an indirect subsidiary of Rosneft Oil Company, has agreed to sell to institutional investors 85,481,816 ordinary shares in Saras S.p.A., representing approximately 8.99% of the total share capital in Saras S.p.A., at a price of EUR 1.90 per share, through an accelerated bookbuilt offering (the Offering). The share sale was closed at a premium of over 38% to the initial purchase price and is an example of efficient portfolio management and optimization program of Rosneft.

date.png28 Oct 2015 06:44 | comments.png 0 Comments | tags.png europe italy refinery rosneft saras [ More ]

ABB completes Troll A platform’s second power-from-shore system
ABB, the leading power and automation technology group, has delivered its second power-from-shore system to Troll A, the world’s largest offshore gas platform, which is operated by Statoil and located in the North Sea about 70 km west of the Kollsnes onshore gas treatment plant, outside Bergen.

date.png27 Oct 2015 06:54 | comments.png 0 Comments | tags.png abb europe norway services statoil [ More ]

Axens’ VGO HDS technology selected by Total for its Donges Refinery, France
Axens VGO HDS technology has been selected by Total for a new vacuum gasoil (VGO) hydro desulfurization unit at the Donges refinery (France). The unit is designed to process around 40,000 BPD (barrels per day) and will allow Total producing low sulfur fuels meeting the evolution of EU specifications.

date.png16 Oct 2015 11:16 | comments.png 0 Comments | tags.png axens engineering europe france refinery total [ More ]

Kuwait Petroleum International (KPI) And Gunvor Group (Gunvor) Confirm Negotiations For The Sale Of The KP Europoort Refinery
Kuwait Petroleum International and Gunvor Group have announced today that their respective affiliates have reached the final stage of negotiations on the sale of the KP Europoort refinery in Rotterdam, The Netherlands, subject to regulatory approval and the necessary employee consultation process. The sale would allow the refinery to continue in line with Gunvor’s integration and optimization strategies.

date.png09 Oct 2015 13:56 | comments.png 0 Comments | tags.png europe gunvor kpi netherlands refinery [ More ]

Finngulf terminal and Balticconnector pipeline not commercially viable
Gasum has conducted thorough studies on the feasibility of constructing a regional LNG terminal in Southern Finland and the Balticconnector offshore pipeline between Finland and Estonia. As Gasum has already stated earlier, implementation of the projects require them to be commercially viable. On the basis of the studies Gasum has conducted the Finngulf and Balticconnector projects are not regarded as commercially viable and there is not sufficient demand for them in the Finnish market. Therefore Gasum will give up the implementation of both projects.

date.png07 Oct 2015 09:15 | comments.png 0 Comments | tags.png europe finland gasum lng [ More ]

Troll oil for 20 years
This week it is 20 years since the start of oil production from the Troll field. The 20 year-old can look back on enormous wealth, with 1.56 billion barrels produced so far and NOK 460 billion in income.

date.png29 Sep 2015 11:47 | comments.png 0 Comments | tags.png europe norway statoil upstream [ More ]
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