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engineering company KBR Inc to help it build 17 modular refineries, as part of the U.S.-Indonesia Indonesia prepares to sign an $8-billion contract with U.S. Indonesia trade deal, Reuters reported on Tuesday, citing sources with knowledge of the plans and a government presentation it has seen.
The well was drilled under the guidance of engineer Vasily Semyonov, who worked for the Russian Imperial administration. The success of the Bibi Heybat well attracted attention from entrepreneurs, engineers, and governments, and it sparked what could be considered the first true oil rush in world history.
Everything from the enormous refineries that process crude oil to the vast pipelines that run beneath oceans is built on steel and aluminum. In this high-stakes environment, corrosion engineers are the unsung heroes [.] In this high-stakes environment, corrosion engineers are the unsung heroes [.]
Petrofac, a leading international service provider to the energy industry, has been awarded an Engineering, Procurement and Construction Management Services (EPCM) contract by ADNOC Gas to expand gas production facilities on Das Island. The project is valued at $1.2
The EU Emissions Trading System regulatory framework The EU Emissions Trading System (EU ETS) regulatory framework initiated its trial phase in 2005, initially focusing on the power and heat, refinery, cement, iron, steel, glass, and pulp and paper industries. 1 âEU Emissions Trading System: Scope of the EU ETS,â European Commission.
Given the sector’s complexity and geographical spread—from remote drilling rigs to refineries and distribution terminals—logistics is a key driver of efficiency and profitability.
McKinsey estimates mid-size refineries lose $20–50 million annually due to reliability issues. The agent identifies significant anomalies, and decides to invoke an action to notify the relevant service engineers. Then, the agent receives the message that was sent to the service engineers as an observation.
Drilling Engineer US Contact Directory – $25 Buy List Now Only $25 Includes: Account Name, Location, Phone, Website, Wells Drilled…. As 2025 enters its second half, ExxonMobil stands at a critical juncture—leveraging its scale, technology, and capital discipline to drive upstream growth, especially in the Permian Basin.
spent his entire working career as a drilling engineer for Texaco, Inc. He said, “In drilling a well, what you really have to watch for [this was speaking as an engineer] is the ‘marker zone.’” the son of a refinery worker. I was stunned. And ever since I have desired to be someone whose absence could mean that much.
Kirkuk Governor Ribwar Taha Mustafa has signed a contract for the construction of the Kirkuk Refinery , which has a planned production capacity of 70,000 barrels per day (bpd). The refinery will be built by Sulaymania-based Rania Group , and will reportedly cost around $2 billion. By John Lee.
From the gasoline that powers our cars to the asphalt beneath our feet, oil refineries transform raw crude oil into countless products that fuel modern life. While we may often take these conveniences for granted, the intricate operations inside refineries are a testament to human engineering and innovation.
Al-Sudani has overseen the signing of an $800-million contract for the expansion of Al-Diwaniya Refinery , adding a 70,000 barrel-per-day (bpd) atmospheric distillation unit to raise total capacity to 90,000 bpd. Source: PMO) The post $800m Iraqi Refinery Expansion Project Signed first appeared on Iraq Business News. By John Lee.
Boilers are key components in many activities, providing steam and thermal energy to power plant, oil refineries, and chemical industries alike. The post Boiler Operation Engineer: Safe and Efficient Boiler Systems appeared first on PetroSync Blog. But no matter how sophisticated the technology.
Engineers, inspectors, and maintenance teams must have a thorough understanding of these damage mechanisms in order to ensure the reliability [.] The post API 571: Latest Edition on Refinery Damage Mechanisms appeared first on PetroSync Blog.
The Iraqi Council of Ministers has approved an increase in the consultancy contract amount for the Basra Refinery Development / Fluid Catalytic Cracking (FCC) Project with Japan's UNICO and France's Technip. Source: PMO) The post Increased Consultancy Contract for Basra Refinery Project first appeared on Iraq Business News.
The serial entrepreneur happens to be aggressively expanding Altrad Group's already substantial presence in energy services across the sector's value chains and commissioned projects, from refineries to offshore wind farms, from marine to LNG. His company's headline business is split 84% to 16% between services and equipment segments.
The major contracts announced in the African region include Tecnicas Reunidas and Sinopec Engineerings $4 billion new deep conversion oil refinery project in Algerias Hassi Messaoud region and the $1.4 billion Wuhuan Engineering and WeDos ammonia and urea plant project in Angola.
The major contracts announced in the African region include Tecnicas Reunidas and Sinopec Engineerings $4 billion new deep conversion oil refinery project in Algerias Hassi Messaoud region and the $1.4 billion Wuhuan Engineering and WeDos ammonia and urea plant project in Angola.
In line with the directives of Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul Ghani, Iraq's Oil Pipelines Company has announced the successful operation of a new fuel oil pipeline connecting Samawa Refinery to the Samawa Combined Cycle Power Plant.
AI models analyze real-time data from drilling sites, pipelines, and refineries, adjusting operations to optimize production and efficiency. AI-powered systems can fine-tune extraction techniques, monitor pipeline integrity, and adjust refinery processes to maximize output while reducing the risk of inefficiencies.
The agreement was signed between the Red Sea National Petrochemicals Company, China National Chemical Engineering Co. It is designed to produce a range of petrochemical products through an advanced oil refinery and steam cracking units, enabling the production of ethylene and propylene.
Minister of Petroleum and Mineral Resources Karim Badawi witnessed the proceedings of the general assembly meeting of the Engineering for the Petroleum & Process Industries (Enppi), the engineering and training arm of the petroleum sector, to discuss and approve the results of the 2024 business year.
The term advantaged is used repeatedly in the earnings release not as corporate jargon, but as a meaningful lens into ExxonMobils capital allocation and earnings engine. ExxonMobils first-quarter 2025 results reveal a clear narrative: U.S. Upstream Results: Permian Power ExxonMobils U.S. upstream earnings jumped to $1.87 billion in Q1 2024.
He highlighted that the city spans 5,300 dunams, has reached 60% completion, and enjoys a strategic location - just 3 km from the Development Road and close to the Karbala Refinery, facilitating the transport of raw materials and finished products.
” Phillips 66 (PSX) Permian Basin: The Growth Engine of Midstream Expansion The Permian Basin is at the center of the midstream revolution. Energy-driven industrial growth Power plants, data centers, and refineries are driving new demand. With 6,000 wells drilled in 2024 , this region remains the largest driver of U.S.
Haynesville (Louisiana & East Texas) LNGs Key Driver 2023-2024 Overview Unlike the Permian Basin, which primarily drives crude oil growth, Haynesville is the primary engine behind U.S. Gulf Coast refineries. LNG export expansion. Brazil's offshore pre-salt production is a key driver as Petrobras ramps up new deepwater projects.
The sector covers critical industrial applications including industrial and electrical machinery, specialized equipment, engines and turbines, and automated robotic systems, which are exposed to higher tariffs under a fragmentation scenario. Trade between geopolitically distant partners accounts for 16 percent of the sector.
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