Hengyi Industries has awarded Honeywell Technologies a contract to supply process technologies and services for its Phase II expansion that aims to more than double the Pulau Muara Besar integrated refining complex's crude processing capacity by early 2029.

The agreement covers technical and commercial terms for qualifying deepwater pipeline projects in the Gulf of Mexico, subject to conditions. Shell's Appomattox gas lift flowline is the first project under evaluation.

At 415.6 million bbl, US crude oil inventories are 3% below the 5-year average for this time of year, the Energy Information Administration indicated.

Shell's country chair in Nigeria said the agreement "provides a much stronger platform for the business’ next chapter under new ownership," while the company continues its focus on its deepwater and integrated gas business in the country.

In this episode, Dane Gregoris details why Enverus expects US production to remain relatively stable over the next decade, what rising marginal supply costs could mean for markets, and how the North American energy landscape may evolve as the industry's most productive shale resources mature.

The results support development of two additional production wells, the first of which will be drilled as part of the ongoing MaBoMo Phase 2 campaign.

Aqaba Development Corporation (ADC) is pleased to invite qualified international and local contractors to participate in the tender for the New Oil terminal at the Port of Aqaba, under a Lump Sum EPC/Turnkey contract (FIDIC Silver Book 1999).

The new terminal will be located in the South Port area, immediately south of the existing Oil Jetty and north of the existing LNG terminal.