Technip completed Pechora LNG feasibility study February 21st 2013, Alltech Group (Alltech) and Pechora LNG LLC (Pechora) meet in Moscow, Russia, with RF Deputy Regional Development Minister Sergey Vakhrukov and the Governor of Nenets Autonomous District Igor Fyendorov to move the project of liquefied natural gas (LNG) plant, Pechora LNG, (more…)
Read moreBP to develop Khazzan and Makarem in phase 1 BP revised significantly upward its capital expenditure in Oman Full Field Development project from $15 billion to $24 billion. Discovered in the 1990s, the huge reserves of natural gas in Center Oman have been left undeveloped because of the complexity and (more…)
Read moreZadco to extend Zirku oil processing and gas treatment The Abu Dhabi company Zakum Development Company Oil Company (Zadco) is a joint venture between the national oil company (NOC) Abu Dhabi National Oil Company (ADNOC) and the international oil companies (IOCs) ExxonMobil and the Japan Oil Development Company (JODCO). Zadco (more…)
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16
Aug
2012
Mubadala approved Manora FSO in Gulf of Thailand
Abu Dhabi Mubadala plans 3 FSOs for Gulf of Thailand The Abu Dhabi-based Mubadala Petroleum (Mubadala) is planning further expansion in the Gulf of Thailand after its first success with Jasmine B5/27 offshore block. In July 2012, Mubadala, through its affiliate Pearl Oil, and its partners, Tap Energy Pty and (more…)
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06
Aug
2012
“LPG”
Definition LPG is the acronym of Liquefied Petroleum Gases. LPG are the light hydrocarbons fraction of the paraffin series, derived from refinery processes, crude oil stabilisation plants and natural gas processing plants comprising propane, butane and butylenes or a combination of them. LPG may be also called liquefied refinery gases. LPG have no (more…)
Read morePetroChina to secure its oil supply chain from Athabasca Fort McMurray to Kitimat, BC Step by step the China National Petroleum Company (CNPC or PetroChina), is putting in place all the pieces of its upstream puzzle from Athabasca, Alberta oil sands fields to Kitimat, BC. In 2011, PetroChina payed $1.9 billion (more…)
Read moreBP to invest $15 billion to develop Oman tight gas BP’s Khazzan tight gas project in Block 61 is one of the company’s top five upstream projects globally. BP’s Khazzan project is also the first and largest of its kind in the Middle East. In January 2007 BP signed a major exploration (more…)
Read moreLukoil awarded $1West Qurna Phase 2 to Samsung Engineering Samsung Engineering officially signed a contract, worth approximately $1 billion, with LUKOIL Mid-East Ltd. (Lukoil) for the development of the West Qurna Phase 2 Contract Area and thereafter to provide assistance to LUKOIL with its carrying out of the commissioning and start up. This (more…)
Read morePetrofac won the first Oil Central Processing Facility (CPF) The Gazprom Neft (Gazprom) Badra oil field is located in the Wasit Province at the Southeast of Iraq. The Badra oil field stakeholders are Gazprom, the operator with 30% share, then KOGAS with 22%, Petronas with 15%, TPAO with 7.5% The (more…)
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