Posts Tagged ‘FID’

Happy New Year 2019

In 2018, twice more, in volume of capital expenditure, EPC contracts were awarded than in 2017. This step change is not related to some barrel price speculations bu to the new business models developed by the game changers, mostly the Independent companies taking now the lead of the market.

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Timor-Leste moves on Woodside Greater Sunrise FLNG alternative

Timor Gap tendered Sunrise onshore LNG pre-FEED The Timor-Leste national oil company (NOC) Timor Gap tendered the pre-front end engineering and design (pre-FEED) for a conventional onshore liquefied natural gas (LNG) plant in alternative to the floating liquefied natural gas (FLNG) solution preferred by the Australian company Woodside Energy (Woodside), […]

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NefteGazIndustriya decides Afipsky Refinery Expansion in Russia

NefteGaz to add Delayed Coker in Afipsky Refinery The Russian NefteGazIndustriya LLC (NefteGaz) made the final investment decision (FID) to proceed with the expansion of its Afipsky Refinery in the Seversky District of the Krasnodar Territory on southwestern Russia. The Krasnodar Territory lies on the Black Sea east coast, in […]

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KrisEnergy and Awe team up to develop Bulu in Indonesia

KrisEnergy Lengo offshore East Java at FEED phase The Singapore-based KrisEnergy Ltd (KrisEnergy) and its partners, Awe Ltd (Awe) from Australia, and the local Satria Group companies PT Satria Energindo and PT Satria Wijayakusuma have decided to move into the front end engineering and design (FEED) phase for the development […]

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Cheniere got Sabine Pass LNG Trains 5 and 6 FERC approval

Cheniere in route for Sabine Pass Stage-3 in Louisiana The Houston-based independent company Cheniere Energy Partners LLC (Cheniere) took a leap to develop its liquefied natural gas (LNG) Sabine Pass Stage-3 project in receiving the Federal Energy Regulatory Commission (FERC) approval for the construction of the Sabine Pass LNG Trains […]

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BASF to build new world-scale Methane-To-Propylene complex

BASF selected US Texas Freeport for greenfield MTO The German chemical giant BASF SE (BASF) has selected its Freeport existing site on the Texas US Gulf Coast to build a greenfield Methane-To-Olefins (MTO) complex  based on the critical  methane-to-propylene (MTP)  conversion. While the Bundestag, the German Parliament, continues to debate about […]

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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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TransCanada US Keystone XL Pipeline ignores low barrel price

Nebraska Court sets green light to Keystone XL project On January 9th 2015, the Nebraska High Court gave the green light to TransCanada for the acquisition of lands to build and operate its giant Keystone XL Pipeline project to connect the Alberta tar sands to the US Gulf Coast downstream […]

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ONGC to gear up on Redevelopment Mumbai High South Phase-3

ONGC to boost India Western Offshore oil production The State-owned Oil and Natural Gas Corporation Limited (ONGC) company has made the final investment decision (FID) to proceed with the Redevelopment Mumbai High South Phase-3 project as part of its program to boost the crude oil and natural gas production from […]

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One Day – One Country: USA

USA Key Projects and Business Highlights 2014 The development of the shale gas in USA has continued to materialized in 2014 regardless the low prices of the local market around $4 per million BTU. The producing companies have fully integrated this situation and we assist to a concentration around the most […]

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