Hydrocarbon Engineering Magazine

ABB Ltd has announced that it has agreed with Rotork plc, a global provider of mission-critical intelligent flow control solutions and a leading independent manufacturer of electric actuators, the terms of a recommended cash offer for the entire issued and to be issued share capital of Rotork. The transaction is expected to further strengthen ABB’s focus on electrification and automation and expand its Automation business area’s offering for large and complex infrastructure and industries.

Kent has announced the signing of Long-Term Agreements (LTAs) and Project Management Consultancy (PMC) agreements ("agreements") with Aramco, further establishing the company’s presence in the Kingdom of Saudi Arabia. The agreements provide Kent with a place on bid panels for potential future brownfield Engineering, Procurement, and Construction (EPC) and PMC opportunities, representing important progress for Kent’s operations in the region.

Shell Bahamas Power Company Inc., a subsidiary of Shell plc, has taken a final investment decision (FID) on an LNG regasification terminal in the Bahamas. As part of the investment decision, Shell acquired a 40% interest in New Providence Gas Ltd (NPG), a joint venture with Sun Oil Holdings (Sun Oil), a subsidiary of FOCOL Holdings Ltd.

Emerson has introduced software that automates two of refining’s most time-intensive and margin-critical processes: crude scheduling and product blending. The new solutions enable refineries to increase operating margins, improve efficiency, and respond faster to market changes. Customers use Aspen Unified SchedulingTM (AUS) to eliminate the disconnected tools and manual data gathering that make scheduling harder during volatile markets.

Published by Ellie Brosnan, Editorial Assistant Hydrocarbon Engineering, Thursday, 16 July 2026 11:00 RapiCure Solutions, Inc. (RapiCure) has announced that it has been selected by Chevron Technology Ventures (CTV) for its Catalyst ProgramTM aimed at accelerating technology innovation within the energy sector. Launched in 2017, CTV's Catalyst Program accelerates the growth and maturation of early-stage companies working on technologies that have the potential to benefit the energy industry.

Axens has announced the launch of the ERA project (Ethanol to Refuel Aviation), France’s first industrial-scale sustainable aviation fuel (SAF) production unit based on advanced bioethanol. With a planned capacity of 50 000 tpy, the facility – currently in the process of site selection in France – is expected to start operations in 2030.

Petroleum markets in 2Q26 were characterised by continued disruptions to international crude oil and petroleum product flows through the Strait of Hormuz, contributing to higher and more volatile crude oil prices through most of the quarter. The disruptions also resulted in international buyers seeking alternative supply sources for petroleum products, driving up US refinery margins, production, and exports.

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Emerson has helped Rompetrol Rafinare reduce distributed control system (DCS) alarm volumes by more than 95% using DeltaVTM AgileOps operations management software at its Petromidia refinery in Navodari, Romania. The project improved control system alarm performance, increased operator effectiveness and brought refinery alarm rates within the Engineering Equipment and Materials Users Association (EEMUA) 191 guideline recommendations at Romania’s largest refinery.

UNIMOT Paliwa, a subsidiary of UNIMOT S.A., imported a seaborne shipment of crude oil to Gdansk in July this year. The crude will be transported from the Naftoport terminal to the PCK refinery in Schwedt, Germany, using PERN's pipeline infrastructure.