The FPSO will serve GTA Phase 1 site on the maritime border of Mauritania and Senegal. The floating facility measures 270 meters in length, 54 meters in width and 31.5 meters in depth.
The facility has an anticipated annual capacity of up to 1.8 MMt and will meet growing domestic and international demand for this clean and versatile chemical commodity.
The $1.3 B EPC Lump Sum contract, already announced on December 21, 2022, is part of this complex and has been awarded to Tecnimont by a Joint Venture composed of QatarEnergy and Chevron Phillips Chemical.
Phillips 66 and DCP Midstream, LP announced that they have entered into a definitive agreement pursuant to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit.
The announcement follows the guidance by ADNOC’s Board of Directors in November 2022 to accelerate delivery of its low-carbon growth strategy and the approval of its Net Zero by 2050 ambition.
A Russian court has ordered nearly $500 MM of assets belonging to German industrial gases company Linde to be frozen at the request of a Russian joint venture building a gas complex.
Time is running out on transformation for the oil and gas, refining and petrochemical industries.
Chevron Lummus Global LLC (CLG) announced Shandong Yulong Petrochemical Co., Ltd. has selected EST, which CLG licenses, for a slurry residue hydrocracking unit in Shandong Province, China.
According to the international Energy Agency, women only account for around 22% of the workforce in the oil and gas industry. Progress has been made in recent years, but there is still much work to be done, and Aramco is committed to remaining an innovative and inclusive place to work for diverse talent.
When it comes to quality in construction projects, it is easy to focus only on materials and installation—it makes sense that high-quality components lead to a high-quality end product.