MEGlobal International, a subsidiary of Kuwait’s Equate Petrochemical, has officially started up MEGlobal Americas’s monoethylene glycol plant that recently finished construction at Dow Chemical’s Oyster Creek petrochemical complex in Freeport, Tex.
The Santos Ltd./Carnarvon Petroleum Ltd. joint venture has announced a successful conclusion to its 2019 drilling program at Dorado oil and gas field in the Bedout subbasin offshore Western Australia.
The government of India is extending an additional $236-million line of credit to the government of Mongolia for the country’s first refinery project now under construction on 150 hectares in Altanshiree Soum near Sainshand.
A wholly owned Total subsidiary has started construction of its third and largest solar plant in Japan.
Husky Energy Inc. has agreed to sell its 12,000-b/d refinery in Prince George, BC, to Tidewater Midstream & Infrastructure Ltd. for $215 million (Can.) in cash plus a closing adjustment for inventory.
Humber Gathering System, a Kellas Midstream company, and Dana Petroleum have appointed ODE Asset Management as installation operator of the Tolmount platform, a normally unattended installation in the southern UK North Sea.
US oil and gas mergers and acquisitions activity surpassed $17 billion in this year’s third quarter, maintaining the momentum established in the second quarter, according to a recent report from Austin-based oil and gas data analytics company Enverus.
The start-up of the Valhall West Flank facility in the North Sea has been approved by the Norwegian Petroleum Directorate. The facility is a further development of Valhall field in the southern part of the Norwegian Continental Shelf, 290 km offshore.
Conventional oil and gas discoveries during the past 3 years are at the lowest levels in 7 decades and a substantial rebound is not expected, said IHS Markit in a recent report.
Production is resuming at Hibernia oil field offshore Newfoundland and Labrador after a second shutdown forced by an oil release, reports Hibernia Management & Development Co. Ltd., the operator.
Husky Energy Inc. has received required permit approvals to begin reconstruction of its 47,500-b/cd refinery in Superior, Wis., after a fire that broke out at the site on Apr. 26, 2018.
Emperor Energy Ltd., Sydney, has opened a data room in the hope of attracting potential partners to farm in to appraisal and development of Judith gas field in offshore permit Vic/P47 in the Gippsland basin.
Var Energi let a contract to Baker Hughes and Norwegian contractor Ocean Installer for the engineering, procurement, construction, and installation of subsea systems and associated services for the Balder X project on the Norwegian Continental Shelf.
Limetree Bay Ventures is bringing its single-point mooring buoy into service in October and will proceed by yearend with the restart of the idled and former Hovensa 500,000-b/d refinery at Limetree Bay on St. Croix, USVI.
Despite a wave of financial adversity that has tormented US onshore E&P companies lately, Rystad Energy does not view this as a harbinger of doom for the shale industry’s future.
