Archive for June, 2013

Iraq to ramp up refining capacity with foreign investments

SCOP awards Technip Karbala Refinery PMC contract The Iraq national oil company (NOC) State Company for Oil Projects (SCOP) selected the French engineering company Technip to provide project management consultancy (PMC) services on the Karbala Refinery project in the center of Iraq. The Karbala Refinery project is part of the […]

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Total and Noble Energy to join CNHC in Cyprus LNG Project

Cyprus selected Vassilikos to locate three LNG Trains The French major company, Total, is reported to have signed a memorandum of understanding (MOU) with the newly formed Cyprus National Hydrocarbons Company (CNHC) on the second liquefied natural gas (LNG) train of the Cyprus LNG project. Through this agreement Total is joining […]

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BG Group to speed up Queensland Curtis LNG Phase-2 Project

BG Group opts for competitive FEED on QCLNG-2 The London-listed BG Group plc (BG) has decided to organize competitive bids on the front end engineering and design (FEED) for the expansion of its giant Queensland Curtis LNG (QCLNG) project in the Southeast of Australia. In its first phase, the QCLNG […]

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Kazakhstan to build its petrochemical industry with Atyrau complex

KPI selects Sinopec Engineering for PDH and PP units The national company Kazakhstan Petrochemical Industry Inc Ltd (KPI) selected Sinopec Engineering Group (SEG) for the engineering, procurement, construction, and commissioning (EPCC) of the propane de-hydrogenation (PDH) and the polypropylene plants. This project is part of the petrochemical development program of […]

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Petronas to develop marginal fields offshore Malaysia

Petronas calls for competitive FEED on Sepat project Since 2010, the national oil company (NOC), Petrolian Nasional Bhd (Petronas), has decided to put efforts to develop marginal fields offshore Malaysia. Around the Malaysian peninsula, Petronas identified 106 marginal oil fields representing more than 580 million barrels of crude oil that it […]

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QP and QAPCO prepare FEED for Ras Laffan Petrochemicals Project

Bechtel wins Ras Laffan Petrochemicals PMC contract The national oil company (NOC) Qatar Petroleum (QP) and the joint venture Qatar Petrochemical Company (QAPCO) selected the US-based engineering company Bechtel to provide project management consultancy (PMC) for the Ras Laffan Petrochemicals Project in Qatar. In this partnership with QP, QAPCO is itself […]

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Samsung builds FPSO Market Leadership on Nigeria local content

Samsung to build the world largest FPSO in Nigeria In June 2013, Samsung Heavy Industries Upstream Nigeria converted a letter of appointment (LOA) into firm signed contract with Total Upstream Petroleum Nigeria (TUPNI) for the construction of the world ever largest floating, production, storage and offloading (FPSO) vessel in Nigeria. […]

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QGEP about to decide Brazil Atlanta development scheme

QGEP gauges two FPSO sizes for Atlanta heavy crude The first Brazilian independent oil company Queiroz Galvao Exploration & Production (QGEP) and its partners, OGX Petróleo e Gás Participações S.A (OGX) and Barra Energia do Brasil Petróleo e Gás Ltda (Barra Energia), are currently evaluating two different schemes to develop the offshore […]

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Petronas moves forward on RAPID Petrochemicals despite delays

Petronas calls for tender RAPID Package 8 EPCC The Malaysia national oil company (NOC) Petronas has sent the invitation to bid (ITB) to the pre-qualified engineering companies for the Package 8 of the Refinery And Petrochemicals Integrated Development (RAPID) project despite the one year delay announced earlier. With an estimated […]

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ExxonMobil and Statoil start Julia development in US Gulf of Mexico

Julia phase-1 tied-back to Chevron Jack & St Malo The super major ExxonMobil from USA and Statoil from Norway, made the final investment decision (FID) in April 2013 to start the development of the Julia oil and gas field in the US part of the Gulf of Mexico. Drilled in […]

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