The Paraguana Refining Center, which includes Venezuela’s two largest refineries, is working at 43 percent of its installed capacity of 955,000 barrels per day (bpd), according to internal reports from its operator, state-run PDVSA, seen by Reuters.
Source: Offshore
Venezuela's Main Refining Complex Working at 43 Pct of Capacity -Reports
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Oilfield services firm EM&I has announced a number of new appointments in response to the continuing expansion of its global services.
Source: Offshore
EM&I Announces Several New Appointments in Response to Continuing Expansion
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Libya is pumping the most oil in more than two years as the OPEC member restores output amid progress in mending the nation’s political divisions.
Source: Offshore
Libya Adds to OPEC's Burden as Output at Highest Since 2014
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Repsol Sinopec Resources UK announces that first oil has begun to flow from the Shaw field, which is part of a major redevelopment of the Montrose Area in the Central North Sea.
Source: Offshore
Repsol Sinopec Flows First Oil from North Sea Shaw Field
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Aker Solutions ASA revealed that it has completed more than two-thirds of a program to increase cost-efficiency across its business by at least 30 percent by the end of 2017.
Source: Offshore
Aker Completes More Than Two-Thirds of Cost-Cutting Program
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The amount of clean fuel that’s stored across the globe is set to increase as governments tackle pollution, according to the biggest independent storage-tank operator in the world.
Source: Offshore
Cleaner Fuel Hoard Seen Rising as Nations Grapple With Pollution
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Source: Offshore
British PM May Vows Energy Price Cap if Re-elected
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Some Rigzone readers express strong views about projected hiring uptick.
Source: Offshore
BLOG: It's Hard to Shake Memories of 1980s, 1990s Downturns
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Cuban exports of refined oil products fell about 97 percent between 2013 and 2016, according to a United Nations trade report released this week, reflecting falling supplies from its political ally Venezuela.
Source: Offshore
UN Reports Sharp Drop in Cuban Exports of Refined Oil Products
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Two engineers from Wood Group have supported the National Subsea Research Initiative (NSRI) in its drive to speed up the development and implementation of near-to-market technologies in the subsea sector.
Source: Offshore
Wood Group Engineers Carry out ‘Extremely Valuable’ Work for NSRI
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