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11/16/2018

Engie Electrabel's Doel 1 reactor in Belgium will remain offline for an additional six weeks, until Jan. 31. The extension of the outage, which has been in effect since April, is due to necessary cooling system repairs.

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Reuters
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Engie
11/16/2018

Oil companies will invest about $380 million in five offshore Mexican hydrocarbon projects approved Thursday by the country's National Hydrocarbons Commission. A Talos Energy-led alliance will drill at least one well in January in Area 7 adjacent to its Zama discovery and invest about $251 million in the block; Lukoil will drill a well late next year and invest almost $72 million in its Area 12 block; Eni will drill a well in its Area 10 block and invest $5 million in its Area 14 block; and Repsol will work at its Area 11 block, the commission said.

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Reuters
11/16/2018

Aker BP will start using an onshore control room staff next year to remotely operate the Ivar Aasen oil platform in the Norwegian North Sea. The switch, which Aker BP says is a first in Norway, will likely save money and is part of the company's digital and data-integration efforts.

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Reuters
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Aker BP
11/16/2018

A lack of sea ice along Alaska's northern coast is causing a yearlong delay in Hilcorp Energy's construction of a temporary island, which the company needs before it can drill for oil in shallow water. The Beaufort Sea project involves laying gravel and concrete over ice that forms each winter and connects to the coast, but increasing warmth has reduced the amount of suitable seasonal ice.

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The Guardian (London)
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Hilcorp Energy
11/16/2018

The $1.6 billion Karish and Tanin natural gas development off Israel's coast is expected to begin production during 2021's first quarter, operator Energean Oil & Gas said Thursday. The company, which says the development is on schedule, will start cutting steel on the project's floating, production, storage and offloading vessel Nov. 26.

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Rigzone
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Energean Oil, Energean
11/16/2018

A 50-by-100-kilometer area of warm bedrock is melting part of the 3 km-thick Antarctic Ice Sheet's underside, say scientists, who discovered the South Pole hot spot while studying radar images. The heated area, which may be caused by radioactive rocks and geothermal springs, is melting about 6 millimeters of ice annually and causing frozen layers above it to sag, but researchers say the hot spot is too small to have a major effect on the continent.

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BBC
11/16/2018

Another wave of chemical capacity is expected to come online over the next few years, and the nation's export infrastructure, including ports, must ramp up now to meet that demand, says Chevron Phillips Chemical executive Bob Rhoades. Eight steam crackers and 13 polyethylene facilities are expected to begin operations in the US between 2017 and 2019.

11/16/2018

Ashland Global Holdings will sell its composites business to Ineos Enterprises in a $1.1 billion deal. Ineos says it expects to close the deal in 2019's first half.

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Reuters
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Ineos
11/16/2018

President Donald Trump has attempted to eliminate the Chemical Safety Board in two successive budget requests but has been unsuccessful. Despite a Democrat-controlled House of Representatives, the president may achieve his goal by opting to not nominate board members to replace those whose terms are ending, thus not meeting a quorum.

11/16/2018

Industry groups such as the American Chemistry Council, along with businesses, countries and other partners, are focused on plastics recycling and spurring the development of innovative approaches to recycling and production, writes Tristanne Davis, a project manager with the Sustainable Packaging Coalition. "It is clear there is no silver bullet, but rather many solutions are required, and these might all look different in different places," she writes.

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Packaging Digest