Posts Tagged ‘completion’

Prosperous New Year 2018

Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.

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Bapco evaluates bids for Bahrain Sitra Refinery Expansion

Bapco to award Bahrain Refinery FEED and PMC The national oil company (NOC) Bahrain Petroleum Company (Bapco) is currently evaluating the technical and commercial offers submitted by the engineering companies for the front end engineering and design (FEED)  and the project management consultancy (PMC) contracts related to the brownfield Sitra […]

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PTTEP and Chevron to call for Thailand Arthit Field Development

PTTEP to add Arthit South Gas Gathering Platform The Thailand national oil company (NOC) PTT Exploration and Production Public Company Ltd (PTTEP) and its partners, Chevron from USA and Mitsui Oil Exploration Company (Mitsui or MOECO) from Japan are working on the call for tender for the Arthit south gas […]

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Saudi Arabia to boost Empty Quarter – South Ghawar – Jafurah shale gas

Saudi Aramco to award shale gas treatment FEED The world largest company by the size of crude oil reserves, Saudi Aramco, is planning to award the front end engineering and design (FEED) contracts for the gas central processing facilities to support the development of the shale gas exploration – production […]

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Petroceltic, Sonatrach and Enel to develop Algeria Isarene gas field

Petroceltic to prepare FEED on Ain Tsila development The Irish junior company Petroceltic International plc (Petroceltic) and its partners, the Algerian national oil company (NOC) Sonatrach and the Italian utility Enel, are preparing to move into the front end engineering and design (FEED) phase of the Ain Tsila discovery within […]

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Kuwait to invest in India ONGC Mangalore and Daheij projects

KPC to take share in OMPL and OPAL petrochemicals The national oil companies (NOCs) Kuwait Petroleum Corporation (KPC) and the Indian Oil and Natural Gas Corporation (ONGC) are about to sign a memorandum of understanding (MOU) by which the Kuwaiti company should take share in two major petrochemical projects at […]

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ONGC at study phase on Krishna Godavari deep offshore project

ONGC to award pre-FEED on KG-DWN-98/2 deepwater The India state-owned company Oil and Natural Gas Corporation (ONGC) is on the way to award the contract to perform the pre-front end engineering and design (pre-FEED) work for the development of the KG-DWN-98/2 project in the deep water of the Krishna Gadavari […]

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ChemaWEyaat and Indorama sign for Madeenat Aromatics project

Indorama takes seat in Tacaamol Al-Gharbia Complex The Thai chemical company Indorama Ventures (Indorama) and the local Abu Dhabi National Chemicals Corporation (ChemaWEyaat) signed an agreement to establish the joint venture Abu Dhabi Chemicals Integration Company (Tacaamol) to design and build the first phase of the Madeenat ChemaWEyaat Al Gharbia […]

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Petrobras to call for tender Tartaruga Verde converted FPSO

Petrobras on the pace to tender two FPSO per year The Brazilian national oil company (NOC) Petroleo Brasileiro SA (Petrobras) is ready to publish next week the call for tender to charter a new floating production storage and offloading (FPSO) vessel for the development of the Tartaruga Verde and Tartaruga […]

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Lukoil and Uzbekneftegas to invest $3 billion in Kandym field expansion

Uzekistan Lukoil Kandym FEED work nears completion The Russia largest privately-owned company Lukoil Oil Company (Lukoil) and the national oil company (NOC) Uzbekneftegas National Holding Company (Uzbekneftegas) are completing the front end engineering and design (FEED) work for the expansion of the Kandym gas field in the Bukhara region, at […]

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