McKinsey & Company has predicted that demand for light product including gasoline, diesel/gasoil, jet/kero etc, which largely drives refining utilisation, will plateau by the mid-2020s – even in the case of a delayed energy transition
Industry
ProSep wins two multi-million-dollar contracts in Middle East
ProSep, a global environmentally friendly solutions provider aiming to reduce chemical usage, and provide safe and clean water, has announced the award of two multi-million-dollar contracts for that will lower the use of harmful chemicals in gas oil separation plants in the Middle East
Petrofac and James Fisher Asset Information Services form partnership
Petrofac has signed a deal with asset management specialist James Fisher Asset Information Services (JF AIS) with an aim to eliminate the need for offshore surveys ahead of modification scopes, reducing time and cost
Halliburton wins production chemicals contract in Oman
Halliburton has won a contract to provide production chemicals and associated services for a large IOC in Oman
ShaMaran acquires TotalEnergies’ interest in Sarsang PSC in Kurdistan, Iraq
ShaMaran Petroleum has signed an agreement with a subsidiary of TotalEnergies to acquire its affiliate (TEPKRI Sarsang) holding an 18% non-operated participating interest in the Sarsang Production Sharing Contract in the Kurdistan Region of Iraq