Hydrocarbons Technology-Updates The latest content updates from the www.hydrocarbons-technology.com web site http://www.hydrocarbons-technology.com/ en-us http://www.hydrocarbons-technology.com/ Hydrocarbons Technology-Updates http://www.hydrocarbons-technology.com/content/images/logo_big.gif Lower Fars Heavy Oil Development Project http://www.hydrocarbons-technology.com/projects/lower-fars-heavy-oil-development-project/ http://www.hydrocarbons-technology.com/projects/lower-fars-heavy-oil-development-project/ The Lower Fars heavy oil development project aims to extract heavy oil from the Lower Fars reservoir of the Ratqa oil field, which is located in the northern part of Kuwait. Thu, 25 May 2017 10:37:00 GMT Linn Energy signs definitive agreement to divest properties in California http://www.hydrocarbons-technology.com/news/newslinn-energy-signs-definitive-agreement-to-divest-properties-in-california-5824311 http://www.hydrocarbons-technology.com/news/newslinn-energy-signs-definitive-agreement-to-divest-properties-in-california-5824311 Linn Energy has signed a definitive agreement to divest its interest in properties located in the San Joaquin Basin, California, for a contract price of $263m to an undisclosed buyer. Wed, 24 May 2017 23:00:00 GMT InfraStrata commences review of strategic option http://www.hydrocarbons-technology.com/news/newsinfrastrata-commences-review-of-strategic-option-5824302 http://www.hydrocarbons-technology.com/news/newsinfrastrata-commences-review-of-strategic-option-5824302 InfraStrata has commenced a strategic review of its business plan, operational assets, development strategy, the market valuation of its gas storage asset and its capital structure to maximise value for shareholders. Wed, 24 May 2017 23:00:00 GMT Abraxas Petroleum to acquire Wolfcamp / Bone Spring shale assets in US http://www.hydrocarbons-technology.com/news/newsabraxas-petroleum-to-acquire-wolfcampbone-spring-shale-assets-in-us-5824813 http://www.hydrocarbons-technology.com/news/newsabraxas-petroleum-to-acquire-wolfcampbone-spring-shale-assets-in-us-5824813 US-based exploration and production company Abraxas Petroleum has signed an agreement to acquire 2,008 net acres and 33 barrels of oil equivalent per day in Ward County, Texas, prospective for the Wolfcamp / Bone Spring. Wed, 24 May 2017 23:00:00 GMT Freedom Oil and Gas commences drilling of first well on Texas acreage http://www.hydrocarbons-technology.com/news/newsfreedom-oil-and-gas-commences-first-well-drilling-in-texas-5821959 http://www.hydrocarbons-technology.com/news/newsfreedom-oil-and-gas-commences-first-well-drilling-in-texas-5821959 Freedom Oil and Gas has begun drilling the first well on its acreage in Dimmit County, Texas, targeting the Eagle Ford Shale. Tue, 23 May 2017 23:00:00 GMT CGG receives contract extension for dedicated processing centre in Oman until 2021 http://www.hydrocarbons-technology.com/news/newscgg-receives-extension-for-dedicated-processing-centre-in-oman-until-2021-5823212 http://www.hydrocarbons-technology.com/news/newscgg-receives-extension-for-dedicated-processing-centre-in-oman-until-2021-5823212 CGG has received an extension to its contract with Petroleum Development Oman (PDO) until the end of 2021 for the provision of subsurface imaging technology and services at its dedicated processing centre (DPC) in Muscat, Oman. Tue, 23 May 2017 23:00:00 GMT Oranto Petroleum submits interest to invest in Bioko Oil Terminal project in Equatorial Guinea http://www.hydrocarbons-technology.com/news/newsoranto-petroleum-submits-interest-to-invest-in-bioko-oil-terminal-project-in-equatorial-guinea-5823015 http://www.hydrocarbons-technology.com/news/newsoranto-petroleum-submits-interest-to-invest-in-bioko-oil-terminal-project-in-equatorial-guinea-5823015 Nigeria’s Oranto Petroleum has submitted its interest in investing in the crude oil and petroleum products storage facility of Equatorial Guinea’s Bioko Oil Terminal (BOT) project. Tue, 23 May 2017 23:00:00 GMT Worthwhile Gases to establish LPG bottling plant in Bihar, India http://www.hydrocarbons-technology.com/news/newsworthwhile-gases-to-establish-an-lpg-bottling-plant-in-bihar-5821163 http://www.hydrocarbons-technology.com/news/newsworthwhile-gases-to-establish-an-lpg-bottling-plant-in-bihar-5821163 India’s liquefied petroleum gas (LPG) bottling and marketing company Worthwhile Gases (WGPL) has initiated the process of setting up a bottling plant in Bihar, India. Mon, 22 May 2017 23:00:00 GMT Saudi Aramco signs $50bn agreements with US firms http://www.hydrocarbons-technology.com/news/newssaudi-aramco-signs-agreements-with-us-firms-to-create-thousands-of-jobs-5821157 http://www.hydrocarbons-technology.com/news/newssaudi-aramco-signs-agreements-with-us-firms-to-create-thousands-of-jobs-5821157 Petroleum and natural gas company Saudi Aramco has signed agreements worth an estimated $50bn with multiple US companies to promote bilateral trade and investment between Saudi Arabia and the US. Mon, 22 May 2017 23:00:00 GMT Schlumberger signs MoU with Saudi Aramco http://www.hydrocarbons-technology.com/news/newsschlumberger-signs-mou-with-saudi-aramco-5821988 http://www.hydrocarbons-technology.com/news/newsschlumberger-signs-mou-with-saudi-aramco-5821988 Schlumberger has signed a memorandum of understanding (MoU) with Saudi Aramco to develop an In-Kingdom Total Value Add roadmap. Mon, 22 May 2017 23:00:00 GMT Burckhardt Compression Wins Modernisation Contract for MOL Petrochemicals’ Hyper Compressor http://www.hydrocarbons-technology.com/contractors/compressors/burckhardt-compression/pressmol-petrochemicals-modernisation.html http://www.hydrocarbons-technology.com/contractors/compressors/burckhardt-compression/pressmol-petrochemicals-modernisation.html Swiss firm Burckhardt Compression is pleased to announce it was selected to carry out modernisation works on MOL Petrochemicals' third-party Hyper Compressor at its low-density polyethylene (LDPE) plant in Tiszaújváros, Hungary, which has been in ope… Mon, 22 May 2017 08:37:00 GMT Origin Energy signs deal to sell Darling Downs Pipeline for $291m http://www.hydrocarbons-technology.com/news/newsorigin-energy-sign-deal-to-sell-darling-downs-pipeline-for-291m-5819513 http://www.hydrocarbons-technology.com/news/newsorigin-energy-sign-deal-to-sell-darling-downs-pipeline-for-291m-5819513 Australian gas supplier Origin Energy has entered an agreement with Chinese-controlled Jemena Gas Pipelines Holdings to sell its 292km Darling Downs Pipeline Network in Queensland for A$392m ($291.76m). Sun, 21 May 2017 23:00:00 GMT Wood Group signs support services agreement with Sakhalin http://www.hydrocarbons-technology.com/news/newswood-group-signs-support-services-agreement-with-sakhalin-5820804 http://www.hydrocarbons-technology.com/news/newswood-group-signs-support-services-agreement-with-sakhalin-5820804 UK-based Wood Group has been awarded a technical support services (TSS) contract by Sakhalin Energy Investment Company, which operates the Sakhalin-2 oil and gas project. Sun, 21 May 2017 23:00:00 GMT Chisholm Energy Holdings acquires its first asset in Delaware Basin, New Mexico http://www.hydrocarbons-technology.com/news/newschisholm-energy-holdings-acquires-first-asset-in-delaware-basin-5817301 http://www.hydrocarbons-technology.com/news/newschisholm-energy-holdings-acquires-first-asset-in-delaware-basin-5817301 US-based oil and gas company start-up Chisholm Energy Holdings has completed the acquisition of its first asset, located in the New Mexico region of the Delaware Basin. Sun, 21 May 2017 23:00:00 GMT Integrated Dispatch Management (SAP SDM / IDM): Tour Planning and Dispatching with SAP http://www.hydrocarbons-technology.com/downloads/whitepapers/project/idm-tour-planning-dispatching/ http://www.hydrocarbons-technology.com/downloads/whitepapers/project/idm-tour-planning-dispatching/ The trade and logistics industry is currently facing multiple core challenges, with the delivery times required by the market growing shorter and shorter. At the same time, however, the distances involved are increasing - as are fuel prices, personne… Fri, 19 May 2017 15:39:00 GMT ConocoPhillips closes $13.3bn sale of its Canadian oil sands assets to Cenovus http://www.hydrocarbons-technology.com/news/newsconocophillips-closes-sale-of-canadian-oil-sands-assets-to-cenovus-5818506 http://www.hydrocarbons-technology.com/news/newsconocophillips-closes-sale-of-canadian-oil-sands-assets-to-cenovus-5818506 US-based exploration and production company ConocoPhillips has completed the $13.3bn sale of its 50% non-operated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership and the majority of its Western Canada deep basin gas assets to… Thu, 18 May 2017 23:00:00 GMT Deals this week: Tallgrass Energy, Vesta Energy, Cheniere Energy http://www.hydrocarbons-technology.com/news/newsdeals-this-week-tallgrass-energy-vesta-energy-cheniere-energy-5818587 http://www.hydrocarbons-technology.com/news/newsdeals-this-week-tallgrass-energy-vesta-energy-cheniere-energy-5818587 Tallgrass Energy Partners, through its subsidiary Tallgrass Midstream (TMID), has agreed to the acquisition of the Douglas natural gas gathering system located in the Powder River Basin, Wyoming, US, from DCP Midstream. Thu, 18 May 2017 23:00:00 GMT Report: Asia had highest refining capacity under maintenance in Q1 http://www.hydrocarbons-technology.com/news/newsreport-asia-had-highest-refining-capacity-under-maintenance-in-q1-5817585 http://www.hydrocarbons-technology.com/news/newsreport-asia-had-highest-refining-capacity-under-maintenance-in-q1-5817585 Asia had the highest refining capacity under maintenance globally during the first quarter of 2017, according to a report by GlobalData. Thu, 18 May 2017 23:00:00 GMT Tallgrass Energy Partners to acquire DCP Midstream’s gas gathering system in US http://www.hydrocarbons-technology.com/news/newstallgrass-energy-partners-to-acquire-dcp-midstreams-gas-gathering-system-5818552 http://www.hydrocarbons-technology.com/news/newstallgrass-energy-partners-to-acquire-dcp-midstreams-gas-gathering-system-5818552 Midstream energy operator Tallgrass Energy Partners has signed an agreement to acquire DCP Midstream’s Douglas natural gas gathering system in the Powder River Basin for approximately $128m. Thu, 18 May 2017 23:00:00 GMT Bezzecca Gas Field, Po Valley http://www.hydrocarbons-technology.com/projects/bezzecca-gas-field-po-valley/ http://www.hydrocarbons-technology.com/projects/bezzecca-gas-field-po-valley/ The Bezzecca gas field lies in the Po Valley region of Italy, approximately 35km east of Milan. Thu, 18 May 2017 23:00:00 GMT