News Archive for Petrochemical News

SGS Acquires Chemical Characterisation Business in the UK

Tuesday, Feb 01, 2011
SGS is pleased to announce the acquisition of the chemical characterisation business and its assets, formerly run by LGC . The laboratory is well-equipped in the areas of inorganic analysis, spectroscopy and thermal analysis for fuels, polymers and catalysts and provides SGS with additional analytical testing capabilities.
Read more…

Aberdeen must be ready to meet oil and gas contractor demand, warns Brookson

Tuesday, Feb 01, 2011

Aberdeen needs to be ready to meet the 12,000 shortfall in oil and gas contractors or miss a golden opportunity to grow its regional economy, says accountancy and support services company, Brookson Limited.
Read more…

Maersk Oil to buy Devon Energy’s 15% interest in Angola Block 16

Maersk Oil, a fully owned subsidiary of A.P. Møller – Mærsk A/S, has agreed to acquire a 15% interest in Block 16 in Angola from Devon Energy for an initial payment of USD 70 million and future contingent considerations. The agreement is subject to closing conditions including government approval. Read more…

Technip awarded a key engineering contract for a FLNG in Malaysia

Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering Co. Ltd., has been awarded by Petroliam Nasional Berhad (PETRONAS) and MISC Berhad a front-end engineering and design contract for a floating liquefied natural gas (FLNG) unit. The FLNG, which will have a capacity of one million-tonnes per annum, will be located in Malaysia. Read more…

Green Star Energies partners with the Petrolia Group to develop Oklahoma Oil Field

Green Star Energies, Inc. (Pink Sheets: GSRE) is pleased to announce they have partnered with Petrolia Group, LLC of Houston, Texas to develop the California Creek Oil Field in Oklahoma immediately. As per the terms of the agreement, Petrolia Group, LLC will supply all development costs and operational expertise to the project and in return Green Star Energies will share the improved production revenue. Read more…

Carnarvon Petroleum announces Tapao Kaew drilling update

Thailand L20/50 Concession

Carnarvon Petroleum provides the following update on the Tapao Kaew exploration well, onshore Thailand. Read more…

Transeuro Energy announces Ukraine Drills into high pressure gas

Transeuro Energy Corp. (“Transeuro” or the”Company”)  issues a weekly update on its Ukraine operations, on the exercise of warrants and the acquisition of Beaver River. Read more…

Georgia Power strikes solar power deal with Dalton Utilities

Georgia Power recently acquired a series of solar projects of up to 1 megawatt (MW) in Murray County, Ga., co-developed by United Renewable Energy LLC and Mack Creek Energy LLC. Read more…

Wind power’s £30 billion of potential for Scotland

Around £30 billion could be invested in Scotland’s offshore wind industry, creating thousands of jobs, First Minister Alex Salmond has claimed. Read more…

GE signs largest Wind Services agreement in Europe to date with Cobra Energia

GE (NYSE: GE) has signed a 10-year contract with Spanish wind developer Cobra Energia to provide advanced services for 178 GE wind turbines installed at eight wind farms across Spain. The agreement is GE’s largest wind energy services contract in Europe and reinforces the company’s position in Europe’s highly competitive wind turbine services sector. Read more…

Pattern Energy establishes advanced 24/7 Wind Project Operations Control Center in Houston

Pattern Energy Group LP (Pattern) today announced that it has established an advanced new 24/7 Operations Control Center in Houston, Texas. The new facility, located in downtown Houston, was developed to actively monitor, coordinate and direct the operation of Pattern’s growing portfolio of wind energy projects 24 hours a day, 365 days a year. Read more…

Sunvalley Solar and TianWei SolarFilms sign 1.2 megawatt Thin-Film Solar Panel supplying contract

Sunvalley Solar, Inc. (OTC Bulletin Board: SSOL), a leading provider of solar power technology and solar integration systems, today announced a 1.2-megawatt solar photovoltaic module supplying contract with TianWei SolarFilms. This contract will secureSunvalley Solar panel supplying for its signed contractual projects in Palm Desert, California, while it also expands TianWei SolarFilms’ presence in USA market. Read more…

Petrofac to lead development of Berantai field for Petronas

Petrofac, the international oil & gas facilities service provider, announces that it has signed a Risk Service Contract (RSC) to lead the development of the Berantai field, – offshore Peninsular Malaysia, for Petroliam Nasional Berhad (‘PETRONAS’), the Malaysian national oil company. Petrofac has a 50% interest in the RSC, alongside local partners Kencana Energy Sdn Bhd (‘Kencana’) and Sapura Energy Ventures Sdn Bhd (‘Sapura’), both of which hold a 25% interest (together the ‘Berantai partners’). The Berantai partners will develop the field and will subsequently operate the field for a period of seven years after first gas production. Read more…

Bergen Group Offshore awarded EPCI modification contract on Statfjord B&C

Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded an offshore modification project by Statoil Petroleum AS. The contract value for the project is estimated to NOK 20-25 million. Read more…

CNOOC approves Beibu Gulf overall development plan

Roc Oil (China) Company, on behalf of the Beibu Gulf project joint venture, advises that following internal and external expert reviews, CNOOC Limited, as the delegated authority, has internally approved the Project Investment and the Overall Development Plan (“ODP”) of the WZ 6-12 and WZ 12-8 West Oil Fields in Block 22/12, in the Beibu Gulf, South China Sea. The Project Investment and ODP will be submitted to Chinese Government Authorities for formal approvals. Read more…

Origin’s Exploration & Production business delivers record production and sales for the 2010 half year

Origin Energy Limited (“Origin”) today released its Quarterly Production Report for its exploration and production business, reporting record production of 68.2 petajoules equivalent (PJe) and sales revenues of $424 million for the half year to 31 December 2010. Read more…

Dana Gas posts 80% rise in profits in 2010 as production rises

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2010. Read more…

Sunvalley Solar awarded new solar installation contract in Imperial, CA

Sunvalley Solar, Inc. (OTC Bulletin Board: SSOL), a leading provider of solar power technology and solar integration systems, announced that it has signed a commercial solar installation contract with Crop Production Services in Imperial, California.. Read more…

Suzlon wins $1.28bn Caparo order for 1GW of wind turbines

India’s Suzlon has reportedly signed a $1.28bn order from the domestic unit of Caparo Energy to supply up to 1GW of wind turbines for the country’s growing renewable energy sector. Read more…

REC installs solar PV system in German Ikea stores

REC Solar’s modules have been installed on rooftop solar photovoltaic (PV) systems at two Ikea stores in Germany. Read more…

Member Profiles

Featured Profile

Featured Profile

Featured Videos

Featured Case Studies