Archive for July, 2013

Chevron intends to stay in the lead in Thailand with Ubon project

Chevron and partners pre-qualify contractors for Ubon The US super major Chevron and its partners, the Thailand national oil company PTT Exploration and Production Public Company Ltd (PTTEP), Hess from USA and Mitsui Oil (Mitsui) are currently running the pre-qualification process to select the contractors to be invited to bid […]

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Sasol shopped technologies for Louisiana Ethane Cracker project

Fluor at work on FEED for Sasol US Mega Projects The South African company Sasol is currently proceeding to the selection of the license and technologies required for the olefins and derivatives production units of its integrated gas-to-liquid (GTL) and ethane cracker complex to be built at Lake Charles in […]

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Chevron and YPF closed deal to come back on Argentina Vaca Muerta

Chevron to build shale pilot in Neuquen Province  The California-based super major Chevron Corporation (Chevron) and YPF from Argentina signed Heads of Agreement to spent $1.24 billion capital expenditure to explore and develop the shale oil and gas in the Vaca  Muerta Basin within the Neuquen Province in Argentina. Chevron is […]

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KOGAS to move ahead with Akkas gas field development in Western Iraq

Daewoo Engineering wins Akkas Gas processing plant The South Korean Gas Corporation (KOGAS) and the local Iraq National Oil Company (INOC) have awarded to Daewoo Engineering, & Construction Corporation (Daewoo Engineering) also from South-Korea, the engineering, procurement and procurement (EPC) contract for the gas central processing facility (CPF) of the Akkas […]

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Tanzania to monetize gas with power plant and downstream industries

Tanesco awards Mtwara Power Plant to Symbion-GE The Tanzania National Electrical Supply Company (Tanesco) signed a $1 billion contract with the US consortium of Symbion Power (Symbion) and the technology company General Electric International (GE) for the team of the Mtwara Power Plant and the expansion of the electrical power […]

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Statoil and ENI to rethink Castberg offshore development in Norway

Statoil to consider FPSO for Castberg (Skrugard-Havis) Since the Skrugard and Havis project has been renamed as Johan Castberg, some significant changes have happened to justify Statoil from Norway and its partners, Eni from Italy and Petoro from Norway, to rethink the conceptual design of the project into a floating, […]

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EuroChem elects Louisiana for $1.5 billion greenfield fertilizer project

Russian EuroChem to profit from US shale gas supply The Moscow-based company EuroChem signed an agreement with the State of Louisiana to invest $1.5 billion capital expenditure to build a greenfield fertilizer plant along the Mississippi River in USA. Established only in 2001, EuroChem has grown up very fast over its […]

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Hess selects Modec for Stampede project in Gulf of Mexico

Stampede TLP to unitize Pony and Knotty discoveries Hess Corporation (Hess) and its partners, BHP Billiton (BHP) from Australia, Chevron from USA, China National Offshore Oil Corporation (CNOOC) from China through its Canadian acquisition Nexens, and Statoil from Norway, have selected the Japanese engineering company Modec to provide the Stampede […]

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Shell JOSCO to start Jordan Oil Shale Development Phase-2

Shell – Estonian Eesti Energia – Karak International Oil to explore and develop Jordan oil shale resources The Jordan Oil Shale Company (JOSCO), a wholly owned Shell subsidiary, the Estonia company Eesti Energia (Enefit) and Karak International Oil (Karak) from the UK–based Jordan Energy and Mining Ltd, are now moving […]

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Cameroon pipelines projects to become reality

Petroleum Products Pipeline SA won first fuel pipeline The Petroleum Products Pipeline SA (3PL SA) has been awarded the construction of the first fuel pipeline in Cameroon. The Petroleum Products Pipeline SA is a joint venture between African investors let by the West Africa Investment Corporation (WAICO SA) and South […]

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