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Indonesia Forges $8 Billion Refinery Deal with U.S. Firm

OilPrice

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.

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The First Oil Well in the World – Bibi Heybat

Aresco

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.

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Corrosion Engineer: Protecting Assets from Corrosion Damage

PetroSync

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 [.]

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Petrofac to Take Over EPCM Services for ADNOC’s Expansion Project at Das Island

Egypt Oil & Gas

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

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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

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 “EU Emissions Trading System: Scope of the EU ETS,” European Commission.

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Logistics Management in the oil and gas industry

Oil Gas Leads

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.

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Enhance predictive maintenance with generative AI agents on AWS

AWS: Energy (Oil & Gas)

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.