Posts Tagged ‘China’

Shell and ADNOC to team up in Abu Dhabi Bab Sour Gas project

Shell won Bab Sour Gas project on sulfur monetization The Abu Dhabi National Oil Company (ADNOC) selected the super major company Shell to form a joint venture and develop the challenging Bab Sour Gas field in the southwest of the Emirates. Pending since 2007, this decision comes at a critical time (more…)

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CNOOC, Total and Tullow move on Uganda Kingfisher project

Kingfisher to lead Lake Albert and refinery projects After resolving tax and refinery disagreements between Tullow Oil plc (Tullow) from UK, Total from France, the China National Offshore Oil Corporation (CNOOC) from China and the Uganda Government, the Kingfisher project is ready to take off. The Kingfisher project is to (more…)

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PetroChina to take stake in Ecuador Refineria del Pacifico project

CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and Petroleos de Venezuela SA (PDVSA) to take a stake in the Ecuador Refineria del Pacifico project. With a production of 500,000 (more…)

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USA to release brakes on second LNG export project

Freeport LNG Expansion to get approval on H2 2013 After Cheniere Sabine Pass LNG in Louisiana, the Freeport LNG Expansion project in Texas could be the second export of liquefied natural gas (LNG) project to be approved by the US administration. This Freeport LNG Expansion project stands on the second position in (more…)

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Nigeria to rebuild Refining capacities

Dangote to invest $8 billion in new Nigeria refinery The Nigerian billionaire Aliko Dangote announced its project to build a greenfield new refinery in Nigeria in order to compensate current imports. Nigeria is the largest crude oil producer in Africa but is also one of the largest importer of fuels (more…)

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Petrobras, BG and Repsol-Sinopec Brazil to lease Carioca FPSO

Petrobras to send invitations to bid on Carioca FPSO Petrobras and its partners, BG Group (BG) and Repsol-Sinopec Brazil, are preparing the invitation to bid (ITB) to be sent to the charter companies for the lease of a floating, production, storage and offloading (FPSO) vessel at Carioca in the Santos (more…)

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Rosneft and Mitsui to develop Russia FEPCO petrochemical project

Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and petrochemical giant OJSC NK ROSNEFT (Rosneft) and the Japanese conglomerate Mitsui & Co., Ltd (Mitsui) inked a memorandum (more…)

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Saudi Aramco to take over major infrastructures in Jizan Economic City

Saudi Aramco to develop Jizan Port and Power plant In order to ensure the development of the $7 billion Jizan refinery in the south of Saudi Arabia and its commercial operations expected to start in 2016, the Kingdom of Saudi Arabia has decided to concentrate in the hands of the (more…)

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Marathon deploys gas development program in Equatorial Guinea

Heerema won Alba third compression platform EPCI In April 2013, the Houston-based Marathon Oil Corporation (Marathon) and its partners, Noble Energy (Noble) and the Compania Nacional de Petroleos de Guinea Ecuatorial (GE Petrol) awarded the engineering, procurement, construction and installation (EPCI) contract to Heerema Fabrication Group (HFG) for the Alba PSC (more…)

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Jiangsu Sailboat Petrochemicals to build world-scale Methanol-To-Olefin

Ineos-UOP to provide MTO technology license The Chinese Jiangsu Sailboat Petrochemical Company Ltd (JSPCL) selected the Ineos and Honeywell’s UOP technology for its world-scale methanol-to olefin (MTO) project planned at Lianyungang, in the north of the eastern province of Jiangsu in China. JSPCL belongs to the large Jiangsu Shenghong Group, listed (more…)

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