Projects

Keep track with new project development across the globe in various sectors. We also cover existing projects (upgrades, extensions etc.).

ExxonMobil to Move Out of North Sea Oil & Gas

ExxonMobil has recently announed that they are planning to leave the North Sea Oil & Gas industry. The company, one of the largest international oil and gas providers, is in talks with a number of other firms for the sale of its stakes in 40 Oil & Gas fields, with total expected value of £1.6 billion (USD $2 billion).

Husky Begins Production at Saskatchewan Thermal Project

Husky Energy has commenced production at its Dee Valley thermal project in Saskatchewan, the second of six 10,000 bpd thermal bitumen projects to be brought onstream from 2018 to 2022.CEO Rob Peabody said, “These projects have direct access to our refining hub in Lloydminster and can be transported via committed export pipeline capacity to our refineries and other U.S.

Woodfibre LNG to Move Forward With $1.6 B Project

Woodfibre LNG, a Canadian subsidiary of Singapore’s Pacific Oil & Gas Ltd., is finalizing the engineering, procurement and construction contract for their $1.6 billion LNG export facility in Squamish, British Columbia.

Chevron and Qatar Plan $8 Billion Petrochemical Plant

Chevron Phillips Chemical Co. and Qatar Petroleum have agreed to develop an $8 billion petrochemical plant in the Gulf Coast region.

Cleantech Investment Coming to Canada’s Oil& Gas Sector

The Honourable Kent Hehr, Member of Parliament for Calgary, on behalf of the Honourable Amarjeet Sohi, Canada's Minister of Natural Resources, announced $2.1 million in funding for Linear Motion Technologies (LMT) Canada to design and test a new, cost-saving electric valve system that will reduce greenhouse gas emissions.The new valve design could replace the thousands of existing pneumatic valves used to control oil flow rate, pressure and temperature at oil and gas sites.

Emerson Increases Asset Management Coverage

Emerson has expanded their AMS Device Manager with HART-IP™ support, making it easier to connect with devices and control systems.

McDermott Given Gulf Coast PDH Project Contract

McDermott International announced it has been awarded a sizeable contract by PetroLogistics ll to perform the front-end engineering design services for a propane dehydrogenation (PDH) facility planned for the U.S.

PJ Valves Secures Multiple FPSO Contracts

PJ Valves (PJV), a specialist manufacturer and supplier of valves for the global energy industry, has been awarded three FPSO valve contracts for projects in Brazil, Mexico and Nigeria.

Enterprise & Chevron Develop Offshore Export Facility

Enterprise Products Partners and Chevron U.S.A. announce a long-term agreement supporting the development of Enterprise’s Sea Port Oil Terminal (SPOT) in the Gulf of Mexico.

$5.6 Billion Petrochemical Facility Planned for BC

West Coast Olefins of Calgary secured a 300-acre site in the BCR Industrial Area within Prince George, British Columbia in preparation for the construction of a $5.6 billion petrochemical project.