OGS and Samsung won Lavaca Bay LNG project FEED Excelerate Energy LP (Excelerate) is planning to convert its Lavaca Bay liquefied natural gas (LNG) terminal into export LNG facility. Located at Lavaca Bay on the Texas Gulf Coast, the Excelerate export LNG project should be the first one in USA to be (more…)
Read moreUK lifts fracking ban on shale gas
UK to lead shale gas exploration in Europe On December 13th, 2012, the UK Government lifted the ban on exploration and production of shale gas with the expectation to develop a dedicated industry upstream and downstream that could create 42,000 permanent jobs. This ban had been decided in 2011 after (more…)
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Hoegh-KBR to submit competitive pre-FEED to PTTEP The Norwegian Hoegh LNG and the Houston-based KBR are completing a pre-front end engineering and design (pre-FEED) work for the Cash-Maple FLNG project to developed by the Thailand national oil company PTTEP. The Cash-Maple FLNG project is related to the exclusive license owned by PTTEP on (more…)
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KOC to give priority to onshore exploration During Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), Kuwait Oil Company (KOC) announced to have received mandate from Kuwait Petroleum Company (KPC) to increase crude oil production from actual 3 million b/d to 4 million b/d by 2030. Considering the age and the level of maturity (more…)
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Noble Energy in brief
Energizing the World, Bettering People’s Lives. Established in 1932 to explore the Gulf of Mexico, Noble Energy Inc. (Noble) has remained over 80 years an independent oil company bases in Houston, Texas. Focusing on the upstream side of the business, Noble operates onshore and offshore in short selection of oil and gas (more…)
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Noble to install first Floating LNG in Mediterranean Sea Noble Energy (Noble) and its partners, awarded the front end engineering and design (FEED) contract to Pangea LNG B.V. for a floating production unit of liquefied natural gas (LNG) to be installed on the Tamar gas field, 90 kilometers offshore Israel. (more…)
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ZADCO in brief
Zakum Development Company The Zakum Development Company (ZADCO) was established in the Abu Dhabi Emirate, as part of the United Arab Emirates (UAE), in November 1977 to develop and operate the Upper Zakum (UZ) field. At that time ZADCO was a joint venture between: - Abu Dhabi National Oil Company (more…)
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Abu Dhabi to decide now in order to meet OPEC quotas Abu Dhabi National Oil Company (ADNOC) and its partners, ExxonMobil and Japan Oil Development Company Ltd. (Jodco), are on the point to award the second engineering, procurement and construction contract (EPC-2) for ZADCO Upper Zakum 750 project. ZADCO stands as (more…)
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EIA to adopt North Sea Brent crude oil as benchmark US Government energy agency, the Energy Information Administration (EIA) published in its annual energy out look its decision to replace the historical West Texas Intermediate (WTI) crude oil traded on New York Mercantile Exchange by the European Brent listed on (more…)
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CNOOC and Petronas to step in Canada oil sands
CNOOC and Petronas to acquire Nexen and Progress On December 7th, 2012, Canada Prime Minister John Harper announced the approval for two national oil companies China National Offshore Oil Company (CNOOC) and Petronas from Malaysia to acquire respectively: - Nexen Inc. (Nexen) - Progress Energy Resources Corp. (Progress) For Nexen, (more…)
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