Archive for March, 2013

ADCO is getting close to decision on North East Bab third phase

Technip to complete FEED work for onshore NEB 3 The national Abu Dhabi Company for Onshore Operations (ADCO) is making significant progress in the North East Bab field with the contracts to be awarded soon for the development of the third phase called NEB 3. ADCO is the joint venture between […]

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Dangote awards PMC to Tata for Africa largest fertilizer plant

Saipem won EPC contract for Nigeria Edo fertilizer Based in Lagos, Nigeria, the Dangote Group (Dangote) has selected the Indian Tata Consulting Engineering company as project manager consultant (PMC) for its Edo Fertilizer project in Nigeria. Estimated to require $1.9 billion capital expenditure, this Edo Fertilizer project is given as to build […]

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Petrobras to lease FPSOs to secure Brazil 2017 targeted oil production

SBM and Modec to charter three FPSOs to Petrobras The Brazil national oil company Petrobras signed with SBM Offshore (SBM) from The Netherlands two chartering contracts for floating production, storage and offloading (FPSO) vessels to substitute the P-66 and P-67 FPSOs currently in construction and planned for the Lula field. […]

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Dow Chemical unveils US Gulf Coast performance plastics projects

Technip completes FEED on Freeport ethylene cracker  To optimize the competitive advantage of the US glut of shale gas, the Dow Chemical Company (Dow) is planning to increase locally the number and variety of production units downward its chemical value chain. Presented as early as April 2011, the US Gulf […]

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Chevron evaluates new-build against converted FPSO for Angola Lucapa

KBR to complete FEED on Lucapa new-build FPSO On first quarter 2012, the international oil company Chevron through its local subsidiary Cabinda Gulf Oil Company (Cabinda) and its partners, the national oil company Sonangol, Eni from Italy, Total from France, and Galp from Portugal,  had awarded the front end engineering […]

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Saudi Aramco revives Shoaiba Terminal project on Red Sea

Mustang-Hejailan-DAR-PI signed Shoaiba project FEED Saudi Aramco selected Mustang Engineering and its local partners Faisal Jamel Al-Hejailan Engineering Company (Mustang Hejailan), Dar Al-Riyadh Engineering Consultants (DAR) and Petro-Infrastructure Engineering Consultants Company (PI Consult) for the front end engineering and design (FEED) contract of the Shoaiba Terminal project. Located in the southwest of Saudi […]

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Tullow approaches decision on Ghana TEN FPSO project

Modec and SBM in competitive FEED final for TEN The UK-based Tullow Oil plc (Tullow) and its partners Kosmos Energy (Kosmos) from USA, Anadarko Petroleum (Anadarko) from USA, Sabre Oil and Gas (Sabre) from USA, and the local Ghana National Petroleum Corporation (GNPC) are approaching the time for decision on […]

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Statoil completed feasibility study on Skrugard and Havis in Barents Sea

Statoil prepares High North oil exploration in Norway  In February 2013, Statoil and its partners, Eni from Italy and Petoro from Norway, presented the conclusions of their feasibility study for the development of the Skrugard and Havis offshore oil fields in the Norwegian territorial waters of the Barents Sea.  The […]

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Europe opens back doors to shale gas exploration – production

From UK to Turkey all Europe is working on shale gas In December 2012, UK made the most noticeable step in Europe when ending the moratorium on fracking process after the Blackpool tremors in 2011. At that time not only UK lifted the fraking ban but also unveiled tax breaks […]

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Rosneft goes global

Rosneft’s Neftegaz signed farm-in agreement with ExxonMobil in Gulf of Mexico deepwater The first week of March gave the opportunity to Rosneft to unveil its objective to go global in multiplying strategic partnerships with leading companies such as ExxonMobil. On March 6th 2013, Rosneft‘s subsidiary Neftegaz America Shelf LP (Nefetgaz) signed […]

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