UAE to lead bio-fuel technologies in the Gulf countries Petrixo Oil & Gas (Petrixo) from Dubai and a consortium made of Etihad Airways (Etihad), Abu Dhabi Oil Refining Company (Takreer) and Masdar Institute of Science and Technology from Abu Dhabi multiply initiatives in the United Arab Emirates (UAE) to take the lead […]
Read moreMaire Tecnimont achieves FEED work on Al-Sejeel After awarding Al-Sejeel front end engineering and design (FEED) work to Maire Tecnimont, the national companies Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) are aligning the engineering companies willing to bid for the engineering, procurement and construction (EPC) contract for the Al-Sejeel […]
Read moreCNOOC to award Liuhua 11-1 TLP FEED contract The state-owned company China National Oil Offshore Corporation (CNOOC) is finalizing the conceptual design for the expansion of the Liuhua 11-1 offshore oil and gas field within the South China Sea. Immediately after hammering the decision of the concepts to be developed, […]
Read moreEmirates LNG to replace FSRU by land-based terminal The Abu Dhabi-based companies Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) have decided to stop the just starting first phase of the Emirates LNG project in Fujairah, United Arab Emirates (UAE), to rethink the whole concept of this liquefied […]
Read moreEni to consider FLNG to speed up Mozambique LNG The Italian major company Eni and its partners, China National Petroleum Corporation (CNPC or PetroChina), the local Emprecia Nacional de Hidrocarbonetos (ENH), Kogas from South Korea and Galp Energia from Portugal, are considering to use floating liquefied natural gas (FLNG) vessel […]
Read moreNigeria to restore refining capacities with private loans On September 4th 2013, the Nigeria private Dangote Group (Dangote) sealed a financial agreement with 12 banks for a $3.3 billion loan to build a greenfield refinery and petrochemical complex in Olokola in the south of Nigeria. With $8 billion capital expenditure, […]
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29
Aug
2013
One Day – One Country: Russia
Russia Key Projects and Business Highlights In acquiring TNK from BP, Rosneft became this first half 2013 the world largest oil & gas and petrochemical company, ahead of ExxonMobil or China National Petroleum Corporation (CNPC or PetroChina) in term of revenues, thus sending the signal that Russia intends to stay […]
Read moreTanesco awards Mtwara Power Plant to Symbion-GE The Tanzania National Electrical Supply Company (Tanesco) signed a $1 billion contract with the US consortium of Symbion Power (Symbion) and the technology company General Electric International (GE) for the team of the Mtwara Power Plant and the expansion of the electrical power […]
Read moreShell – Estonian Eesti Energia – Karak International Oil to explore and develop Jordan oil shale resources The Jordan Oil Shale Company (JOSCO), a wholly owned Shell subsidiary, the Estonia company Eesti Energia (Enefit) and Karak International Oil (Karak) from the UK–based Jordan Energy and Mining Ltd, are now moving […]
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