Archive for February, 2015

Repsol and Irving to convert Canaport LNG into export terminal

Repsol Canaport LNG to value Talisman US shale gas The Spanish oil and gas company Repsol SA and its local partner Irving Oil (Irving) have decided to convert their existing import liquefied natural gas (LNG) terminal Canaport LNG into an export LNG terminal from Saint John in the New Brunswick Province […]

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Conventional scheme for CNOOC South China Sea Lingshui project

CNOOC opts for Lingshui FPSO and export pipeline The state-owned China National Offshore Oil Corporation (CNOOC) is opting for a conventional scheme to develop the offshore gas field Lingshui 17-2, one of its largest discovery in the deepwater of the South China Sea. Located 150 kilometers south of the Hainan […]

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ExxonMobil filed Alaska LNG Project resources reports first drafts

$45 billion Alaska LNG FERC approval in progress The major companies ExxonMobil from USA, BP from UK, ConocoPhillips from USA and the midstream specialist TranCanada submitted the first drafts of so called Resources Reports as part of the environmental and project designed reports to be filed in for the Federal […]

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Statoil gears up with $31 billion Johan Sverdrup project

Norway to take technological lead with Johan Sverdrup Statoil Johan Sverdrup project is not only remarkable because of the context in which its final investment decision (FID) is made, but also as it will concentrate the most advanced technologies all along its development from the electrical power supply to the […]

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Shell and Iraq Government sign deal for $11 billion Nibras Petrochemicals

Shell to take advantage from flared gas gathering In January 2015, the international oil company (IOC) Royal Dutch Shell (Shell) and Iraq Government signed a new agreement to prepare ground in Nibras, near Basra, for the largest ever built petrochemical complex in the country in order to monetize the gigantic […]

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Parallax starts permitting process on Live Oak LNG in USA

Parallax Energy selects Louisiana Calcacieu Parish The newly established company Parallax Energy LLC (Parallax) has chosen a site in Louisiana Calcacieu Parish along the US Gulf Coast to build and operate its first project, the Live Oak LNG as liquefied natural gas (LNG) export terminal. Even though Parallax may have a start […]

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ExxonMobil to expand Papua New Guinea LNG Plant

ExxonMobil signed MOU for PNG LNG Third Train The international oil company (IOC) ExxonMobil and its partners Santos Ltd (Santos) and Oil search Ltd (Oil Search) from Australia, Nippon Oil Exploration (JX NOEX or Nippon Oil) from Japan, and the local land owner Mineral Resources Development Company (Mineral Resources) signed […]

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Talisman Red Emperor to combine TLP and FPSO offshore Vietnam

Talisman Ca Rong Do Tension Leg Platform at design The Calgary-based Talisman Energy Inc. (Talisman) and its partners the independent companies Pearl Energy, Pan Pacific Petroleum (Pan Pacific) and the national oil company (NOC) PetroVietnam Oil and Gas Group (PetroVietnam) have completed the conceptual study in favor of tension leg […]

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