South Korea led Asia's refinery condensate splitter units capacity
GlobalData’s latest report says that the Asia refinery condensate splitter unit capacity increased from 1,488mbd in 2016 to 1,569mbd in 2021.
Source: offshore-technology.com
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Shell to acquire Exxon's concession offshore Egypt
Shell has agreed to acquire a 100% stake in the North East El-Amriya offshore area, also known as block 3, in Egypt from ExxonMobil Egypt.
Source: offshore-technology.com
Japex plans to invest $500m in tight oil assets in southern US
Japex, through its subsidiary Japex (U.S.) (JUS), plans to invest nearly $500m to develop tight oil interests in the southern US.
Source: offshore-technology.com
Aker BP to raise Skarv gas exports, as Norway boosts output
The government of Norway has ruled to increase Skarv gas production, as part of its efforts to meet European energy demands.
Source: offshore-technology.com
Caerus Oil and Gas considers sale for over $2.5bn
US-based Caerus Oil and Gas is considering a sale that could value it at over $2.5bn, including debt, Reuters has reported.
Source: offshore-technology.com