Archive for September, 2014

Shell and PetroChina move on Australia Arrow Bowen Gas Project

Arrow awarded Bowen coal bed methane project FEED The international oil company (IOC) Royal Dutch Shell (Shell) and the national oil company China National Petroleum Corporation (CNPC or PetroChina) have decided to move on their Australian 50/50 joint venture Arrow Energy Penty Ltd (Arrow) Bowen Gas Project (BGP) to the […]

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Saudi Aramco joins PTT in Vietnam Refinery and Petrochemical complex

PTT and Saudi Aramco to reduce Binh Dinh project size The national oil companies (NOC) Saudi Aramco from Saudi Arabia and the PTT Public Company Limited (PTT) from Thailand has decided to form a joint venture to build and operate the giant Binh Dinh Refinery and Petrochemical complex in the […]

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Dominion to develop US Atlantic Coast Pipeline project

Dominion and Piedmont will pipe gas to Duke and AGL The US-based midstream companies and utilities Dominion, Duke Energy (Duke), Piedmont Natural Gas (Piedmont), and AGL Resources (AGL) formed the joint venture Atlantic Coast Pipeline LLC (Atlantic Coast) to design, build and operate a 800 kilometers gas pipeline along the […]

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Saudi Arabia to power supply Maaden Phosphate from tight gas

Saudi Aramco to develop tight gas northwest fields The national oil company (NOC) Saudi Aramco is on the verge to develop the tight gas fields identified in the northwest of the Kingdom to supply the gas-fired power plant required for the giant Maaden Phosphate City project currently under construction. Since […]

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Rosneft in progress on Nakhodka Petrochemical Refinery complex

Rosneft invests $14.9 billion in Far East FEPCO project The Russian giant Rosneft, 69.50% owned by the State and 19.75% by the UK major BP, has confirmed to move forward on the Nakhodka integrated refinery and petrochemical complex close to Vladivostok in the south end of Russia Far East. Since […]

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ONGC to boost Tapti Daman gas production in India

ONGC to add platforms offshore Daman in Arabian Sea The Indian national oil company (NOC) Oil and Natural Gas Corporation (ONGC) is planning to add platforms on its Tapsi Daman Block to boost the gas and condensate production from the Arabia Sea on the West coast of India. India is […]

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Saudi Aramco prepare bids on Fadhili gas central processing plant

Saudi Aramco to double Fadhili budget after FEED work The national oil company (NOC) Saudi Aramco is about doubling the budget allocated to its strategic gas central processing facility (CPF) project to be build on the Fadhili oil field in the Eastern Province of the Kingdom. In order to support […]

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Ovia to invest $1.5 billion in Nigeria Quantum Petrochemical Complex

Quantum selected Ibeno for world-scale methanol plant The Nigerian Quantum Petrochemical Company Limited (Quantum) has decided to invest $1.5 billion capital expenditure in a world-scale petrochemical and methanol complex at Ibeno in the Akwa Ibom State of the southern Nigeria on the Gulf of Guinea. Quantum was recently founded by the […]

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Statoil and Lundin qualify bidders on Norway Johan Sverdrup Phase-1

Statoil and Lundin aligned on Johan Sverdrup concept The Norwegian national oil company (NOC) Statoil and its partners, Lundin from Sweden, Maersk Oil (Maersk) from Denmark, Petoro and Det Norske Oljeselskap (DNO) from Norway, aligned on the concept to develop the first phase of the giant Johan Sverdrup oil and […]

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Sonatrach and Edison in talk again about shelved GALSI Pipeline project

GALSI at final decision on new Algeria – Italy Pipeline As a result of the lasting Ukraine crisis, Edison from Italy and Sonatrach from Algeria resumed talks about increasing natural gas import from Algeria to Italy through the Algeria Sardinia Italy Gas (GALSI) pipeline project to be revived for the […]

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