Archive for July, 2014

Connell Group and Sino Life to invest $4.5 billion in US Methanol project

Texas and Louisiana race for Chinese methanol project The Chinese companies Connell Group (Connell) and Sino Life Insurance Corporation (Sino Life) are currently evaluating potential sites in Shoal Point, Texas, and Donaldsonville, Louisiana, to build and operate a world-scale methanol plant in USA. Based in Jilin, in the northeast of […]

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Petrobras to consider new set of FPSOs for Jupiter pre-salt projects

Petrobras Jupiter FPSO to learn from Lula development Petrobras and its partner, Galp Energia (Galp) from Portugal, are expecting to benefit from the lessons learnt in developing the Lula giant offshore pre-salt field to design the floating, processing, storage and offloading (FPSO) vessels to be moored at Jupiter field to […]

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Chevron starts Saudi Arabia – Kuwait Wafra Joint Operations Phase-1

Chevron – Aramco – KOC validate Wafra Steamflooding  The California-based international oil company (IOC) Chevron Corporation (Chevron) and its local partners, Saudi Aramco and Kuwait Oil Company (KOC) have validated the steamflooding technology to develop the Wafra heavy crude oil field in the onshore Partitioned Zone (PZ) between Saudi Arabia […]

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Shandong Yuhuang Chemical selects Louisiana for world-scale methanol

Yuhuang to invest $1.85 billion in St James Parish The Chinese Shandong Yuhuang Chemical Corporation Ltd (Shandong Yuhuang) has selected a site in St James Parish, Louisiana, to build its first overseas facilities under the name of Yuhuang Louisiana methanol project. Ranked among the top twenty five chemical group in […]

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Pemex to stop depletion in giant Cantarell in Gulf of Mexico

Pemex to invest $6 billion to extend Akal lifetime The wholly state-owned company Petroleos Mexicanos (Pemex) is planning to invest up to $6 billion capital expenditure to stop the depletion of its giant Cantarell oil and gas field on the Mexican Continental Shelf of the Gulf of Mexico. Located 80 […]

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Saudi Aramco calls for tender crude oil Khurais Expansion project

Saudi Arabia prioritizes Khurais and Shaybah capacity The national oil company Saudi Aramco selected the Khurais and Shaybah fields to increase Saudi Arabia crude oil production capacities.  Lying adjacent to one of the world largest oil field, the giant Ghawar, Khurais is also of a significant size at the scale […]

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IHS to study Gulf of Guinea Methanol project in Nigeria

GGOEX to monetize Nigerian gas with Gulf Methanol The local Junior company Gulf of Guinea Oil Exploration Limited (GGOEX) is investigating all opportunities to monetize natural gas in Nigeria through its purposely established subsidiary Gulf of Guinea Methanol Limited (GGML) to develop a world-scale methanol plant in the Niger Delta. […]

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Steelhead LNG and First Nations sign for Canada Vancouver LNG project

Steelhead LNG selects Sarita Bay on Vancouver Island Registered in Vancouver, British Columbia (B.C.), the newly established company Steelhead LNG Corporation (Steelhead LNG) signed with the Huu-ay-aht First Nations (HFN) an Opportunity Development Agreement to jointly design and build a liquefied natural gas (LNG) project on the Sarita Bay on […]

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Oman Gas Company to award Duqm gas pipeline EPC contract

OGC to link Saih Nihayda to Port of Duqm in Oman The state-owned Oman Gas Company SAOC (OGC) is preparing to award the engineering, procurement and construction (EPC) contract for the construction of the gas pipeline between Saih Nihayda and the Port of Duqm in the Sultanate of Oman. As […]

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Mozambique Gas-To-Liquid projects to queue behind LNG Plants

Shell, Sasol and Eni sign GTL agreements with ENH The Royal Dutch Shell (Shell) on one side and the tandem Sasol–Eni on another side signed these last weeks agreement with the national oil company (NOC) Empresa Nacional de Hidrocarbonetos (ENH) to start feasibility studies on Gas-To-liquid (GTL) projects in Mozambique. […]

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