Offshore Refining

Wednesday, 27 September 2023

Latest News for: Offshore refining

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After BPCL, ONGC signs up HPCL for sale of oil from Mumbai offshore fields

Financial Express 24 Sep 2023

State-owned Oil and Natural Gas Corporation (ONGC) has signed an agreement to sell crude oil it produces from Mumbai offshore fields to HPCL – the second such agreement in as many months, as India’s top oil and gas producer prefers term contracts over auctions where refiners hammer deep discounts.

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Bahri and Saudi Ports Authority ink sustainability agreements

Seatrade Maritime News 21 Sep 2023

The first deal was signed between shipping and logistics company Bahri and SAIL, a subsidiary of Saudi Investment Recycling Company (SIRC) ... Related ... The Kingdom’s increasing role as an exporter of refined product, and the strong resurgence in the offshore market was heavily discussed from this platform ... TAGS ... .

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‘Most Fertile Ground I’ve Ever Seen’: Biden Admin, Lawmakers Bullish on Expanding Abraham Accords

The Algemeiner 13 Sep 2023

“We can work together the administration achieved an agreement between Lebanon and Israel for offshore drilling in the Mediterranean, and then, putting it all together, that would result in oil being shipped to Egypt, to be refined in Egypt, to be then piped to Italy.”.

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Rising costs are threatening offshore wind project — and this N.J. town’s future, mayor says

NJ 11 Sep 2023

“We’re going to live or die with this port,” he said during a phone call Thursday about his hometown industry’s reboot from petroleum refining to wind. A sprawling plant in Paulsboro manufactures parts for offshore wind projects ... EEW American Offshore Structures First Monopile ready for paint with team of site workers in March.

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Oil down, suppressed by strong dollar and China demand fears

Anadolu Agency 08 Sep 2023

The yuan slipped 0.2% to 7.3294 per greenback in both onshore and offshore markets. In addition, China's crude oil imports jumped in August as refiners accelerated processing to benefit from higher profits from fuel exports, according to official statistics provided on Thursday by China's General Administration of Customs ... .

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Petrobras, CNOOC sign fresh pact for energy development

Upstream Online 30 Aug 2023

The agreement signed in Beijing on Tuesday obligates the duo to enhance collaboration in oil and gas exploration and development, refining and chemical engineering, offshore engineering, oilfield services, green and low-carbon initiatives, as well as crude oil trade.

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Petrobras and CNOOC sign fresh pact for energy development

Upstream Online 30 Aug 2023

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Brazilian and Chinese heavyweights team up on oil and gas development drive

Upstream Online 30 Aug 2023

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Column: US offshore wind sector faces key test after weak Gulf auction

Reuters 30 Aug 2023

LITTLETON, Colorado, Aug 29 (Reuters) - The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S ... offshore wind sector in general ... officials had touted the auction as a key milestone in Biden's agenda to make offshore wind a cornerstone of U.S.

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LSU picks North Carolina official to lead Institute for Energy Innovation

The Advocate 30 Aug 2023

Hardy will stay on the institute’s advisory board ... “Whether it’s pipelines or working offshore or refining, we still need the same expertise to transport and sequester carbon dioxide, produce hydrogen, build wind farms and refine biofuels — it’s the same type of job, same type of people,” Ives said in a statement ... It is also partnering with GNO Inc ... .

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KNOT Offshore Partners LP Earnings Release—Interim Results for the Period Ended June 30, 2023

Tyler Morning Telegraph 30 Aug 2023

... of KNOT Offshore Partners’ securities in the public market;KNOT Offshore Partners’ business strategy and other plans and objectives for future operations; andother factors listed from time to time in the reports and other documents that KNOT Offshore Partners files with the U.S.

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BW Offshore refinances Catcher FPSO

Splash24/7 28 Aug 2023

Oslo-listed BW Offshore has secured a $200m financing package for its floating, production, storage and offloading vessel operating in UK waters.

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Tropical Storm Idalia could blow through Pee Dee Wednesday

SCNOW Morning News 27 Aug 2023

STAFF REPORTS. WILMINGTON, N.C ... The storm is forecast to strengthen as it approach landfall as a hurricane along the northern Florida Gulf Coast ... High seas and water spouts are forecast offshore. "Impacts are heavily track-dependent and risks will change as the storm's path and intensity are refined over the coming days," according to the briefing ... ....

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Drag Reducing Agent Market to grow by USD 80.73 million from 2022 to 2027 | ...

Victoria Advocate 24 Aug 2023

The rising complexity in offshore field operations is notably driving market growth.�The oil and gas companies are engaging in a considerable number of deepwater and ultra-deepwater oil and gas fields ... Further, the harsh operating environment adds to the complexity of the process, such as refining, transportation, and extraction.

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Global Firefighting Drone Market Forecasted to Reach $2.76 Billion by 2030 as Demand Skyrockets

Victoria Advocate 23 Aug 2023

FinancialNewsMedia.com News Commentary. PALM BEACH, Fla., Aug ... In this industry, drones are being deployed for several applications such as inspection of offshore platforms, leak detection in pipelines, refining equipment, emergency response, and material handling ... The report said. "In recent years, firefighting drones are used to fight forest fires.