Archive for November, 2013

Oman Gas Company in strategic shift to added value petrochemicals

OGC to invest $3.5 billion in LPG and NGL projects The national Oman Gas Company SAOC (OGC) is preparing a strategic shift from its historical midstream activities toward liquid petroleum gas (LPG) and natural gas liquids (NGL) extraction and transformation for petrochemical use. In 2000, OGC was established by Royal Decree […]

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Iraq to revamp and upgrade Basrah South Refinery

SCR to qualify bidders for Basrah Refinery revamping The national South Refinery Company (SRC) is currently qualifying the engineering companies and contractors interested to bid for the Basrah Refinery revamping and upgrade project in the south of Iraq. This project is part of the Iraq national program to restore the […]

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Shell and Nexen in design phase for Gulf of Mexico Appomattox platform

Shell and Nexen to take experience from Olympus In order to develop the challenging Appomattox oil field in the US Gulf of Mexico, the Royal Dutch Shell (Shell) and its partner Nexen, a wholly owned subsidiary of the China National Offshore Oil Corporation (CNOOC), intends to take the lessons learnt […]

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PTTGC and Pertamina in talk for Indonesia Petrochemical Complex

PTTGC – Pertamina to sign Java Complex joint venture The Thailand-based PTT Global Chemical plc (PTTGC) and the Indonesian national oil company (NOC) Pertamina are in final talks to establish a joint venture to build from greenfield a world-scale petrochemical complex in Java, Indonesia. This process is following up a […]

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UK new tax policy triggers North Sea Kraken heavy oil development

EnQuest to award Kraken FPSO to Bumi Armada The Scottish joint venture made of Aberdeen-based EnQuest and First Oil plc ( First Oil) companies together with the Edinburgh-registered Cairn Energy plc (Cairn) have issued a letter of interim agreement (LOIA) to the Malaysian engineering company Bumi Armada (Bumi) for the […]

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Oman Oil and IPIC evaluate bids on $6 billion Duqm Refinery Project

Oman Oil and IPIC to award Duqm Refinery FEED soon The national Oman Oil Company (Oman Oil or OOC) and the Abu Dhabi sovereign founds International Petroleum Investment Company (IPIC) are reaching the final evaluation stage of the commercial and technical bids submitted by international engineering companies to carry out […]

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PetroChina and Total confirm Iraq Halfaya plateau production by 2017

CNPC and Total to double production with Halfaya-3 The China National Petroleum Corporation (CNPC or PetroChina) and its partners, Total from France, Petronas from Malaysia and the local South Oil Company (SOC) confirm to target the plateau production of the Halfaya oil field in the south of Iraq by 2017 […]

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Inpex and Shell to prepare ground for Indonesia Abadi LNG Phase-2

Abadi LNG to be expanded on conventional scheme The Japanese company Inpex and its Anglo-Dutch partner Shell have decided to use the conventional scheme, offshore – pipeline – onshore, to implement the full field development of the Abadi LNG project offshore Indonesia. With the Abadi project, Inpex and Shell intend to develop […]

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Brazilian ANP pushes Petrobras to stop flaring with Floating GTL projects

Petrobras to prepare FEED tender for first GTL FPSO After years of feasibility studies and tests, Petrobras is readying to move on the first gas-to-liquid (GTL) floating, production, storage and offloading (FPSO) vessel ever made in the world to stop flaring the associated gas released from the production of the […]

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After Fort Hills Total to revise upward Alberta Joslyn North Mine Oil Sand

Total to upsize Alberta Joslyn oil sand project by 50% After making the final investment decision (FID) on the Athabasca Fort Hills oil sand project in joint venture with Suncor Energy (Suncor), the French major company Total and its partners Suncor, Occidental Petroleum (Oxy) and Inpex, are considering to revise […]

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