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…)
Read moreCNPC 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…)
Read moreFreeport 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…)
Read moreMustang-Hejailan completed FEED on Midyan Project Since Mustang-Hejailan completed the front end engineering and design (FEED) contract for the development of the Midyan offshore gas field, Saudi Aramco evaluated the bids submitted for the engineering, procurement and construction (EPC) contract of the Mustang onshore package of the project. Located 135 kilometers (more…)
Read moreNigeria 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…)
Read moreRosneft 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…)
Read moreHeerema 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…)
Read moreIneos-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…)
Read moreShell to compare FPSO with tie-back on Gumusut The Netherlands-based major company Shell is investigating through its joint venture Brunei Shell Petroleum (BSP) the optimized solution to develop the Geronggong oil field offshore the Sultanate of Brunei Darussalam (Brunei). Located 100 kilometers offshore Brunei by a water depth of 1,000 (more…)
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