Dangote Oil Refining Co. (DORC), a division of Nigerian conglomerate Dangote Industries Ltd. (DIL), has let a contract to Honeywell UOP LLC, a subsidiary of Honeywell International Inc., to provide technology licensing, design services, and critical equipment for its grassroots integrated refining complex now under construction in southwestern Nigeria’s Lekki Free Trade Zone, near the […]

Wood Group has appointed Andrew Stewart as chief executive officer of its asset life cycle solutions (ALCS) business in the Western region and Michele McNichol as executive president, integration. Both moves are effective immediately. Source: News

Apache Corp. has appointed two executives to its midstream and marketing team in its Houston office. Brian W. Freed has been named senior vice-president, midstream and marketing, and Robert W. Bourne has been named vice-president, business development, midstream and marketing. Source: News

Gaoqiao Petrochemical Co. Ltd., a Shanghai-based, wholly owned subsidiary of China Petroleum & Chemical Corp. (Sinopec), has agreed to acquire BP PLC’s 50% stake in SECCO Petrochemical Co. Ltd. (SECCO) for $1.68 billion. Source: News

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending. Also, the number of conventional resources sanctioned for development last year reached their lowest level in more than 70 years, according to the International Energy Agency. IEA warned that both trends could continue this year. Source: News

The Lebanese Petroleum Administration (LPA) has designated eight more international companies “prequalified” for an offshore licensing round with bids due Sept. 15. Source: News