Congo: Total starts up Moho Phase 1b deep offshore project

by Timothy Reeder | Jan 11, 2016 | News

Total has brought on stream the Moho Phase 1b project, located 75 kilometers off the coast of Pointe-Noire in the Republic of the Congo. The project is operated by Total and has a production capacity of 40,000 barrels oil equivalent per day (boe/d). “Moho Phase 1b is...

BP agrees to sale of Alabama petrochemical complex

by Timothy Reeder | Jan 11, 2016 | News

BP has agreed to sell its petrochemical complex in Decatur, Alabama, to Indorama Ventures Public Company Limited, as part of a previously announced effort to refocus its global petrochemicals business for improved profitability and long-term growth. The divestment is...

Shell takes final investment decision to build solvent deasphalter unit at Pernis refinery in the Netherlands

by Timothy Reeder | Jan 11, 2016 | News

Shell announced in December that it had taken the final investment decision to build a major new unit at the Pernis refinery in Rotterdam, the Netherlands. The solvent deasphalter (SDA) unit will remove heavier fractions from crude oil, allowing the refinery to...

Siemens to be climate neutral by 2030

by Timothy Reeder | Jan 11, 2016 | News

Siemens aims to be the world’s first major industrial company to achieve a net-zero carbon footprint by 2030. The company plans to cut its carbon dioxide (CO2) emissions – which currently total about 2.2 million metric tons a year – in half by as early as 2020....

First gas from the Corrib field

by Timothy Reeder | Jan 11, 2016 | News

Operator Shell announced in December that gas production has started from the Corrib field off the northwest coast of Ireland. Statoil holds a 36.5% participating interest in the field. The Corrib gas field is located 83 kilometres off Ireland’s northwest coast in...