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Wood to support Oman’s future project portfolio

Wood has won a three-year contract to provide specialist technical support to Petroleum Development Oman (PDO) – the country’s primary oil producer. Under the contract, 65 of Wood’s engineering and project management specialists will form part of PDO’s front-end engineering design (FEED) office, delivering complex front-end energy transition and carbon capture projects for PDO. The …

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GME Marks A New Era for Middle East Crude Trading

Gulf Mercantile Exchange (GME), the leading international energy futures and commodities exchange in the Middle East, has announced the first trade on its Alternative Crude Ecosystem (ACE). This innovative bilateral trading platform allows market participants to trade multiple crude grades seamlessly through the exchange. For the first time, Oman, Al Shaheen, Basrah Medium, Basrah Heavy, …

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Penspen to deliver feasibility study for Trans-Saharan Gas Pipeline

Penspen, a leading international energy consultancy, has been awarded a contract to provide a feasibility study update for the Trans-Saharan Gas Pipeline (TSGP), a landmark infrastructure project with the potential to transform African energy dynamics, enhance economic integration, and bolster global energy security. Spanning more than 4,000 kilometers from Nigeria to Algeria, the pipeline, the …

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Versalis to start up new recycled polymer production plant

Versalis, Eni’s chemical company has announced the opening of a new plant in Porto Marghera for the production of plastics made wholly or partially from mechanically recycled raw materials. This project marks another key milestone in the company’s commitment to promoting a more circular and environmentally sustainable economy through technological innovation and post-consumer plastic recycling. …

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OMV unveils innovative ReOil plant

OMV has announced a significant milestone in the chemical industry following 15 years of pioneering research and development. The company has now started-up the next-scale expansion of its innovative proprietary ReOil® technology at the Schwechat refinery near Vienna. OMV’s new plant can process up to 16,000 metric tons of hard-to-recycle mixed plastic waste annually – …

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OEG’s Bluestream awarded ICCP installation contract

OEG Energy Group Limited, a leading energy solutions business, has announce that Bluestream Offshore B.V., one of the companies in its subsea division, has been awarded a contract by TenneT for the retrofit installation of a corrosion protection system for the SylWin alpha offshore converter station for the offshore grid connection SylWin1 in Germany. The …

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