New News information at Hydrocarbons Technology New and updated information from News listed on www.hydrocarbons-technology.com http://www.hydrocarbons-technology.com/ en-us http://www.hydrocarbons-technology.com/ New News information at Hydrocarbons Technology http://www.hydrocarbons-technology.com/content/images/logo_big.gif India's HPCL to upgrade refinery units with Honeywell UOP technology http://www.hydrocarbons-technology.com/news/newsindias-hpcl-to-upgrade-refinery-units-with-honeywell-uop-technology-5769856 http://www.hydrocarbons-technology.com/news/newsindias-hpcl-to-upgrade-refinery-units-with-honeywell-uop-technology-5769856 Hindustan Petroleum Corporation (HPCL) will be utilising technologies from Honeywell UOP to expand and upgrade HPCL refinery located in Visakhapatnam in the Indian state of Andhra Pradesh. Thu, 23 Mar 2017 00:00:00 GMT HES International and BP to develop tank terminal in Rotterdam http://www.hydrocarbons-technology.com/news/newshes-international-sign-deal-with-bp-to-develop-tank-terminal-at-rotterdam-5769050 http://www.hydrocarbons-technology.com/news/newshes-international-sign-deal-with-bp-to-develop-tank-terminal-at-rotterdam-5769050 HES International has entered a long-term contract with BP to develop a tank terminal at the Hartelstrook on the south side of the Mississippi harbour for the storage and transhipment of petroleum products and biofuels. Thu, 23 Mar 2017 00:00:00 GMT Marathon Oil to buy Permian Basin acreage for $700m http://www.hydrocarbons-technology.com/news/newsmarathon-oil-acquires-permian-basin-acreage-for-700m-5769066 http://www.hydrocarbons-technology.com/news/newsmarathon-oil-acquires-permian-basin-acreage-for-700m-5769066 Marathon Oil has signed a definitive agreement to acquire nearly 21,000 net surface acres located primarily in the Permian's Northern Delaware basin of New Mexico from Black Mountain Oil & Gas and other private sellers for $700m, subject to closing a… Thu, 23 Mar 2017 00:00:00 GMT TechnipFMC wins onshore contract in Ghana http://www.hydrocarbons-technology.com/news/newstechnipfmc-wins-onshore-contract-in-ghana-5768946 http://www.hydrocarbons-technology.com/news/newstechnipfmc-wins-onshore-contract-in-ghana-5768946 TechnipFMC has received a contract from Eni Ghana E&P to develop the onshore part of the Offshore Cape Three Points (OCTP) in the Sankofa field located in Ghana. Wed, 22 Mar 2017 00:00:00 GMT TransCanada submits application for North Montney Mainline Project approval http://www.hydrocarbons-technology.com/news/newstranscanada-submits-application-for-north-montney-mainline-project-approval-5768026 http://www.hydrocarbons-technology.com/news/newstranscanada-submits-application-for-north-montney-mainline-project-approval-5768026 TransCanada has submitted a variance application with the National Energy Board to advance the development of the North Montney Mainline (NMML) Project located in north-east British Columbia. Wed, 22 Mar 2017 00:00:00 GMT Shell Australia to drill new wells to improve gas supply http://www.hydrocarbons-technology.com/news/newsshell-australia-to-drill-new-wells-to-boost-gas-supply-5768049 http://www.hydrocarbons-technology.com/news/newsshell-australia-to-drill-new-wells-to-boost-gas-supply-5768049 Shell Australia has decided to drill up to 161 additional wells in Queensland to improve gas supply for exports and domestic usage. Wed, 22 Mar 2017 00:00:00 GMT CB&I wins $460m Afipsky oil refinery expansion project in Russia http://www.hydrocarbons-technology.com/news/newscbi-receives-the-contract-for-afipsky-oil-refinery-expansion-project-in-russia-5767444 http://www.hydrocarbons-technology.com/news/newscbi-receives-the-contract-for-afipsky-oil-refinery-expansion-project-in-russia-5767444 Chicago Bridge & Iron Company (CB&I) has secured a $460m contract by NefteGazIndustriya through project developer China National Chemical Engineering in the Afipsky Oil Refinery Expansion Project at Krasnodar, Russia. Tue, 21 Mar 2017 00:00:00 GMT Beach Energy starts gas exploration drilling at Otway Basin, South Australia http://www.hydrocarbons-technology.com/news/newsbeach-energy-to-start-gas-exploration-drilling-at-otway-basin-south-australia-5767023 http://www.hydrocarbons-technology.com/news/newsbeach-energy-to-start-gas-exploration-drilling-at-otway-basin-south-australia-5767023 Beach Energy has started its preparations to drill a conventional onshore gas exploration well in the Penola Trough, Otway Basin located in South Australia. Tue, 21 Mar 2017 00:00:00 GMT SDX Energy begins drilling at South Disouq concession in Egypt http://www.hydrocarbons-technology.com/news/newssdx-energy-begin-drilling-operations-at-south-disouq-concession-in-egypt-5766953 http://www.hydrocarbons-technology.com/news/newssdx-energy-begin-drilling-operations-at-south-disouq-concession-in-egypt-5766953 Oil and gas company SDX Energy has begun drilling operations on the SD-1X well at its South Disouq concession located in the Nile Delta area of Egypt. Tue, 21 Mar 2017 00:00:00 GMT APPEA welcomes South Australia’s PACE programme http://www.hydrocarbons-technology.com/news/newsappea-welcomes-government-of-south-australias-pace-programme-5765988 http://www.hydrocarbons-technology.com/news/newsappea-welcomes-government-of-south-australias-pace-programme-5765988 The Australian Petroleum Production and Exploration Association (APPEA) has welcomed the South Australian Government’s latest initiative to enhance the State’s energy security. Mon, 20 Mar 2017 00:00:00 GMT Sprague Resources acquires two refined product terminals in Long Island, US http://www.hydrocarbons-technology.com/news/newssprague-resources-acquires-two-refined-product-terminals-on-long-island-us-5766005 http://www.hydrocarbons-technology.com/news/newssprague-resources-acquires-two-refined-product-terminals-on-long-island-us-5766005 Sprague Resources’ (SRLP) operating subsidiary Sprague Operating Resources has signed a definitive agreement to acquire the Lawrence and Inwood refined product terminal assets of Carbo Industries and Carbo Realty. Mon, 20 Mar 2017 00:00:00 GMT Sunshine Oilsands and CPECC to expand West Ells Phase II project in Canada http://www.hydrocarbons-technology.com/news/newssunshine-oilsands-sign-deal-with-cpecc-to-expand-west-ells-phase-ii-project-canada-5766461 http://www.hydrocarbons-technology.com/news/newssunshine-oilsands-sign-deal-with-cpecc-to-expand-west-ells-phase-ii-project-canada-5766461 Sunshine Oilsands and China Petroleum Engineering & Construction (CPECC) have signed a memorandum of understanding (MoU) to expand the West Ells Phase II project located within the Athabasca oil sands region, Canada. Mon, 20 Mar 2017 00:00:00 GMT M&As this week: John Wood Group, Jadestone Energy, Harmony Merger http://www.hydrocarbons-technology.com/news/newsmas-this-week-john-wood-group-jadestone-energy-harmony-merger-5765392 http://www.hydrocarbons-technology.com/news/newsmas-this-week-john-wood-group-jadestone-energy-harmony-merger-5765392 John Wood Group has agreed to acquire Amec Foster Wheeler. The transaction is estimated to be valued at approximately $2.7bn and will involve the transfer of Wood Group shares to Amec Foster shareholders at a ratio of 0.75:1. Fri, 17 Mar 2017 00:00:00 GMT CH2M receives global engineering services contract from Shell http://www.hydrocarbons-technology.com/news/newsch2m-receives-global-engineering-services-contract-from-shell-5765515 http://www.hydrocarbons-technology.com/news/newsch2m-receives-global-engineering-services-contract-from-shell-5765515 CH2M has executed a framework agreement with Shell to deliver engineering, procurement, construction and project management services to oil and gas projects located worldwide. Fri, 17 Mar 2017 00:00:00 GMT Deals this week: Enterprise Products Partners, Pioneer Natural Resources, Luxe Minerals http://www.hydrocarbons-technology.com/news/newsdeals-this-week-enterprise-products-partners-pioneer-natural-resources-luxe-minerals-5765385 http://www.hydrocarbons-technology.com/news/newsdeals-this-week-enterprise-products-partners-pioneer-natural-resources-luxe-minerals-5765385 Enterprise Products Partners has agreed to acquire the midstream business and assets located in East Texas and North Louisiana, US, from Azure Midstream Partners and its operating subsidiaries. Fri, 17 Mar 2017 00:00:00 GMT Report: Global crude distillation unit capacity projected to grow 16% by 2021 http://www.hydrocarbons-technology.com/news/newsreport-global-crude-distillation-unit-capacity-projected-to-grow-by-16-by-2021-5765544 http://www.hydrocarbons-technology.com/news/newsreport-global-crude-distillation-unit-capacity-projected-to-grow-by-16-by-2021-5765544 The global crude distillation unit (CDU) capacity is expected to grow by 16% over the next four years, according to a report by GlobalData. Fri, 17 Mar 2017 00:00:00 GMT Oil Basins withdraws from Derby block in Western Australia http://www.hydrocarbons-technology.com/news/newsoil-basins-withdraws-from-derby-block-in-western-australia-5765533 http://www.hydrocarbons-technology.com/news/newsoil-basins-withdraws-from-derby-block-in-western-australia-5765533 Oil Basins (OBL) has decided to effectively withdraw from its position as a 50% Joint Venture Partner in EP487 (Derby Block) located in Western Australia nearly 1,550km from Perth. Fri, 17 Mar 2017 00:00:00 GMT Amec Foster Wheeler receives £60m contract extension for Morecambe Bay assets in UK http://www.hydrocarbons-technology.com/news/newsamec-foster-wheeler-receives-60m-contract-extension-for-morecambe-bay-assets-in-uk-5763641 http://www.hydrocarbons-technology.com/news/newsamec-foster-wheeler-receives-60m-contract-extension-for-morecambe-bay-assets-in-uk-5763641 Amec Foster Wheeler has received a £60m contract extension from Centrica for its Morecambe Bay onshore and offshore gas production assets. Thu, 16 Mar 2017 00:00:00 GMT Harmony Merger and LNG company NextDecade agree to merge http://www.hydrocarbons-technology.com/news/newsharmony-merger-and-lng-company-nextdecade-to-merge-5764496 http://www.hydrocarbons-technology.com/news/newsharmony-merger-and-lng-company-nextdecade-to-merge-5764496 Harmony Merger and privately held NextDecade have signed a non-binding letter of intent (LOI) for a business combination transaction. Thu, 16 Mar 2017 00:00:00 GMT Painted Pony Petroleum to acquire UGR Blair Creek http://www.hydrocarbons-technology.com/news/newspainted-pony-petroleum-sign-deal-to-acquire-ugr-blair-creek-5764507 http://www.hydrocarbons-technology.com/news/newspainted-pony-petroleum-sign-deal-to-acquire-ugr-blair-creek-5764507 Painted Pony Petroleum has entered a share purchase agreement to acquire all issued and outstanding shares of UGR Blair Creek (UGR), a fully owned subsidiary of Unconventional Resources Canada, a portfolio investment held in certain private equity fu… Thu, 16 Mar 2017 00:00:00 GMT