Analyst Comment
Asia to spearhead global polypropylene capacity additions until 2030
Rapid urbanisation, expanding middle‑class consumption and ongoing industrialisation across key Asian markets are accelerating demand.
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Industry News
Petrofac files for administration amid financial challenges
US-based energy services company Petrofac has initiated administration proceedings for its holding company, as reported by the BBC.
Industry News
Petronas and Pertamina partner for Bobara PSC offshore Indonesia
Petronas has entered a farm-out agreement with Pertamina to participate in the Bobara production sharing contract (PSC) in Indonesia.
Industry News
Tokyo Gas to offtake gas from Glenfarne’s Alaska LNG project
Tokyo Gas has signed a letter of intent (LOI) with Glenfarne Alaska LNG to offtake liquefied natural gas (LNG) from the Alaska LNG project.
Industry News
Energean Israel signs transmission deal with INGL to expand gas exports
Energean Israel, part of the UK’s Energean, has formalised an agreement with Israel Natural Gas Lines (INGL).
Industry News
Baker Hughes expands UBCTD operations in Saudi Arabia
Baker Hughes has secured a contract from Aramco to enhance its integrated underbalanced coiled tubing drilling (UBCTD) operations in Saudi Arabia.
Analyst Comment
Polyethylene to lead global upcoming petrochemicals project starts by 2030
Of the 121 polypropylene projects to commence operations by 2030, 118 are new build and the rest are expansions of existing projects.
Industry News
Tampnet provides connectivity for Salamanca deep-water development
Offshore communication provider Tampnet has been chosen to deliver digital infrastructure for the Salamanca deepwater development
Industry News
Delfin Midstream signs LoA with Samsung Heavy IndustriesÂ
Delfin Midstream has announced that it has signed a letter of award (LoA) with Samsung Heavy Industries (SHI), advancing towards a final investment decision (FID) for its energy infrastructure project in the US.
Industry News
Bumi Armada to use Empirisys’ AI tool to support North Sea operations
Offshore energy services provider Bumi Armada UK has collaborated with Empirisys to improve the safety of its North Sea operations.