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Downstream News

Downstream news for the oil and gas industry providing global coverage of refining, processing and other downstream sector developments

Gazprom Neft, the operator of the Badra field development project, has received the first batch of Kirkuk grade oil from the Iraqi government
9th April 2015

The crude oil has been given to the company in compensation for its investment in the field development. Five-hundred thousand barrels (about 70 thousand tonnes) of oil was delivered in the first batch from...
Siluria Technologies announces successful start-up of world’s first demonstration plant to directly convert natural gas to ethylene
2nd April 2015

Siluria held a grand opening event announcing the successful start-up of its demonstration plant located in La Porte, Texas. The plant is wholly owned by Siluria, and co-located at a plant operated by...
ExxonMobil PNG Limited, operator of the PNG LNG project, has executed an agreement for the sale of electricity to PNG Power
1st April 2015

Under the agreement, PNG LNG will supply up to 25 megawatts of electricity to PNG Power, which will, in turn, build the necessary infrastructure to the LNG plant in order for supply to commence. The...
Mammoet USA announced last week the successful conclusion of a heavy lifting and transport project at the Reficar Refinery, the largest refinery in Colombia
1st April 2015

Mammoet was contracted to assist in the modernization and expansion of the refinery in 2011. The scope of lifting and transport services for this project was large and diverse with over 1,000 lifts and...
GE Oil & Gas has announced a long-term service agreement with ADGAS, the Abu Dhabi-based regional pioneer in liquefied natural gas (LNG) and liquefied petroleum gas (LPG) production, to further strengthen plant productivity and maximise reliability and efficiency of its plant in Abu Dhabi
30th March 2015

As part of the agreement, GE Oil & Gas will support the full maintenance, including supply of parts, repair and services, and the provision of a resident team, for GE Frame 5 2D gas turbines as well as...
KBR has signed a joint venture agreement with the State Oil Company of Azerbaijan Republic (Socar) to establish a new engineering and support services company in Azerbaijan
30th March 2015

With support from KBR and Socar, the new company will provide design, engineering, technical, procurement, construction supervision and project management service for projects across the upstream, midstream...
Neste Oil's Porvoo refinery will be stopped for the planned maintenance turnaround in April 2015
23rd March 2015

The major turnaround of nearly USD 109m (EUR 100m) involving 4,500 employees is the largest in the refinery's history. The turnaround will be started by unit shutdowns after Easter and will take...
Amec Foster Wheeler has been awarded a technical services agreement contract by Oman Oil Refineries and Petroleum Industries Company SAOC (Orpic) for the Mina Al Fahal Refinery and Sohar Refinery, Aromatics and Polypropylene plants, Oman
23rd March 2015

The value of the three-year contract, which starts immediately, is not disclosed. Under the contract Amec Foster Wheeler will provide specialist process and technology engineering support, process safety...
The State Oil Company of Azerbaijan Republic (SOCAR), as a result of the bidding process, has awarded Fluor Limited a contract to provide project management contractor services for its new oil-gas processing and petrochemical complex (OGPC) in Azerbaijan
18th March 2015

Fluor will book the contract for an undisclosed value in the first quarter of 2015. The OGPC megaproject has multiple interfaces not only between process units, utilities and offsite facilities, but also...
Rosneft has completed the transaction on purchase of 100 per cent of shares of SANORS Holding Limited (Novokuibyshevsk Petrochemical Company)
16th March 2015

The transaction was completed after obtaining all the necessary approvals from antimonopoly and regulatory authorities. The purchase of SANORS group of companies is in line with Rosneft Long-term...