Archive for February, 2014

Saudi Aramco on fast track with Master Gas System Expansion

Foster Wheeler at FEED on MGSE gas compression In October 2013, the national oil company (NOC) Saudi Aramco selected the Swiss-based engineering company Foster Wheeler to perform the front end engineering and design (FEED) work of the compression stations for the Master Gas System Expansion (MGSE) project. To be implemented […]

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Sete Brasil confident to deliver its 29 pre-salt oil-rigs program ontime

Sete Brasil secured financing for nine first drilling ships Sete Brasil Participacoes SA (Sete Brasil) secured $3.7 billion loan to finance the first series of nine drilling rigs out of its $20 billion capital expenditure program for the construction of 29 rigs required by Petroleo Brasileiro (Petrobras) to develop the […]

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BP and Socar to boost Azerbaijan ACG Full Field Development

BP recommends AIOC to add platforms before 2021 As the operator of the Azeri-Chirag-Gunashli (ACG) oil field in the Caspian Sea of Azerbaijan, Azerbaijan, BP shared with his partners, the State Oil Company of Azerbaijan (Socar), Inpex, Chevron, ExxonMobil, Statoil, TPAO, Itochu and ONGC Videsh, in the Azerbaijan International Operating Company […]

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Oriental Energy extends cooperation with UOP-Honeywell in China

Ningbo Fortune selects UOP technology for propylene As an Oriental Energy Corporation Ltd (Oriental Energy) company, Ningbo Fortune Petrochemical Corporation Ltd (Ningbo Fortune) selected the US-based UOP-Honeywell technology for a greenfield project to produce propylene at the port of Ningbo, in the Zhejiang Province, China. Previously named Zhangjiagang Oriental Energy, […]

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Chevron and KMG align offers on Kazakhstan Future Growth Project

Fluor and WorleyParsons designed Tengiz Expansion The California-based international oil company (IOC) Chevron Corporation (Chevron) and its partners, the Kazakh national oil company (NOC) KazMuniaGas (KMG), the global leader ExxonMobil and the Russia company LukArco (Lukoil) are closely reviewing the offers of the engineering companies to award the engineering, procurement […]

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Kuwait pre-qualifies bidders for Mina Al-Ahmadi Refinery Fifth Train

AMEC completed FEED  on KNPC Refinery Fifth Train Kuwait National Petroleum Company (KNPC) has pre-qualified the engineering companies to be invited to bid (ITB) for the engineering, procurement and construction (EPC) contract of the fifth gas processing train to be added at the Mina Al-Ahmadi Refinery on the coast line of […]

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Eni considers own Mozambique LNG Plant to secure 2018 first shipment

Eni may run its own fast track on Mozambique LNG The Italian national oil company Eni and its partners China National Petroleum Corporation (CNPC or PetroChina), Kogas from South Korea, Galp Energia from Portugal and Mozambique Emprecia Nacional de Hidrocarbonetos (ENH)  are evaluating alternative solutions to develop its Mozambique liquefied […]

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TransCanada and Phoenix prepare Grand Rapids Pipeline execution

PetroChina to unlock Athabasca oil sand reserves The Canadian specialist TransCanada and China Petroleum National Corporation (CNPC or PetroChina) subsidiary Phoenix Energy Holdings (Phoenix) are preparing the execution of the Grand Rapids Pipeline Project to unlock the underdeveloped oil sands reserves lying in Athabasca northeastern Alberta, Canada. With this Grand […]

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Ineos to restore UK Grangemouth ethylene capacity with US shale gas

Consol and Range to supply shale gas to Ineos cracker The US-based junior companies Consol Energy Inc. (Consol) and Range Resources Corporation (RRC or Range Resources)  signed long term agreements with the Swiss registered petrochemical company Ineos Group AG (Ineos)  to import shale gas from the USA to supply its ethylene […]

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Chevron and Eni re-qualify contractors for Gendalo-Gehem FPO

Gendalo-Gehem bidders to include Indonesia partners The US major company Chevron and the Italian national oil company (NOC) Eni are reviewing the qualification of the contractors in competition for the floating production and offloading (FPO) vessels required for the development of the Gendalo and Gehem liquids-rich gas fields in the […]

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