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Maritime Propulsion newsletter
US Refiners Grab HSFO on Back of IMO 2020
NOC Condemns Calls for Oil Export Terminals to be Shut
Fire-Damaged Philadelphia Oil Refinery Heads for Auction
Asian Oil & Gas Newsletter • January 18, 2020
aog

Corpus Christi Crude Exports Boom

U.S.

US Refiners Grab HSFO on Back of IMO 2020

U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from…

NOC Condemns Calls for Oil Export Terminals to be Shut

Libya's state oil firm NOC on Friday condemned calls to shut oil export terminals…

Fire-Damaged Philadelphia Oil Refinery Heads for Auction

The fate of the largest East Coast oil refinery is set to be decided on Friday…

Global Demand Lifts Schlumberger Profits

Schlumberger NV reported a 9.4% rise in adjusted quarterly profit on Friday…

Oilfield Services Giants Start Year with Asset Sales

Schlumberger, Halliburton Co, and Baker Hughes Co have kicked off the new…

Qatargas Delivers 1st Cargo to Summit LNG

The world’s largest liquefied natural gas (LNG) producer Qatargas Operating…

PetroChina's oil and gas trade turnover up 5% in 2019

PetroChina Co Ltd, China's leading energy firm, expanded its oil and gas trade in 2019…

Wood Group Sees Higher Annual Earnings

Oilfield services provider John Wood Group Plc expects higher core earnings in 2019…

Nordex Wind Energy Orders Top 6.2GW in 2019

The turbine manufacturing and installation company Nordex Group booked turbine…

Aramco Mulls Offshore Oil Expansions

Saudi Aramco is continuing to focus significant efforts on crude oil expansion.



Click here for a FREE trial subscription to “Floating Production Systems Report And Online Database”
December 2019 Monthly Floating Production Systems Report

December 2019 Monthly Floating Production Systems Report Over the past month SBM ordered two more Fast4Ward FPSO hulls in anticipation of future FPSO contracts. Petrobras announced a plan for 13 new FPSOs to enter service over the next five years – and said 13 aging floating production units will be retired over the same period. Two FSRU terminals have moved to the development stage. Financing of the Acajutla power plant/FSRU import terminal in El Salvador closed in December and a Chinese group was selected to build an FSRU terminal in Cyprus. Meanwhile oil prices have benefited from the OPEC+ cutback agreement, Saudi efforts to bolster Aramco post-IPO shares performance and improved sentiment about the global economic outlook. The price of Brent crude is up 9% since the beginning of this month. In the data section of the report are details for 218 floater projects in the planning stage…

For more information about the WER reports and online database please visit our website worldenergyreports.com or contact Paul Morris, phone: +1 212-477-6944

Maritime Propulsion newsletter
US Refiners Grab HSFO on Back of IMO 2020
NOC Condemns Calls for Oil Export Terminals to be Shut
Fire-Damaged Philadelphia Oil Refinery Heads for Auction
Asian Oil & Gas Newsletter • January 18, 2020
aog

Corpus Christi Crude Exports Boom

U.S.

US Refiners Grab HSFO on Back of IMO 2020

U.S. refiners are scooping up cheap high-sulfur fuel oil for processing from…

NOC Condemns Calls for Oil Export Terminals to be Shut

Libya's state oil firm NOC on Friday condemned calls to shut oil export terminals…

Fire-Damaged Philadelphia Oil Refinery Heads for Auction

The fate of the largest East Coast oil refinery is set to be decided on Friday…

Global Demand Lifts Schlumberger Profits

Schlumberger NV reported a 9.4% rise in adjusted quarterly profit on Friday…

Oilfield Services Giants Start Year with Asset Sales

Schlumberger, Halliburton Co, and Baker Hughes Co have kicked off the new…

Qatargas Delivers 1st Cargo to Summit LNG

The world’s largest liquefied natural gas (LNG) producer Qatargas Operating…

PetroChina's oil and gas trade turnover up 5% in 2019

PetroChina Co Ltd, China's leading energy firm, expanded its oil and gas trade in 2019…

Wood Group Sees Higher Annual Earnings

Oilfield services provider John Wood Group Plc expects higher core earnings in 2019…

Nordex Wind Energy Orders Top 6.2GW in 2019

The turbine manufacturing and installation company Nordex Group booked turbine…

Aramco Mulls Offshore Oil Expansions

Saudi Aramco is continuing to focus significant efforts on crude oil expansion.



Click here for a FREE trial subscription to “Floating Production Systems Report And Online Database”
December 2019 Monthly Floating Production Systems Report

December 2019 Monthly Floating Production Systems Report Over the past month SBM ordered two more Fast4Ward FPSO hulls in anticipation of future FPSO contracts. Petrobras announced a plan for 13 new FPSOs to enter service over the next five years – and said 13 aging floating production units will be retired over the same period. Two FSRU terminals have moved to the development stage. Financing of the Acajutla power plant/FSRU import terminal in El Salvador closed in December and a Chinese group was selected to build an FSRU terminal in Cyprus. Meanwhile oil prices have benefited from the OPEC+ cutback agreement, Saudi efforts to bolster Aramco post-IPO shares performance and improved sentiment about the global economic outlook. The price of Brent crude is up 9% since the beginning of this month. In the data section of the report are details for 218 floater projects in the planning stage…

For more information about the WER reports and online database please visit our website worldenergyreports.com or contact Paul Morris, phone: +1 212-477-6944