Posts Tagged ‘Heads of Agreement (HOA)’

BG Group and Petronas join BP in Egypt West Delta revival

BG, EGAS and EGPC signed $4 billion on WDDM 9b The UK-based BG Group (BG) and its Malaysian partner Petronas  signed a Heads of Agreement (HOA) with the national oil companies Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corporation (EGPC) for the development of the West Delta Deep […]

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Petronas to develop K5 project on its own offshore Malaysia Sarawak

Petronas sticks on all offshore multi-platforms for K5 The Malaysia national oil company (NOC) Petronas is opting for the all offshore multi-platforms concept to develop the challenging K5 natural gas field in the South China Sea offshore the Sarawak Province in Malaysia. This decision comes in the same time as […]

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PTTGC and Pertamina in talk for Indonesia Petrochemical Complex

PTTGC – Pertamina to sign Java Complex joint venture The Thailand-based PTT Global Chemical plc (PTTGC) and the Indonesian national oil company (NOC) Pertamina are in final talks to establish a joint venture to build from greenfield a world-scale petrochemical complex in Java, Indonesia. This process is following up a […]

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Pertamina and ExxonMobil to build Indonesia Cepu Gas Plant

Tiung Biru and Jambaran gas fields reach FEED stage The super major ExxonMobil and the national oil company (NOC) Pertamina have agreed to prepare the call for tender for the front end engineering and design (FEED) work to develop the Tiung Biru and Jambaran gas fields at Cepu block across […]

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Petronas and Total move on Malaysia K5 sour gas field

Total and Petronas organize double conceptual studies The french major Total and the Malaysian national oil company Petronas decided to organize parallel conceptual study for the development of the K5 gas field offshore the Sarawak province in southeastern Malaysia. Discovered in 1970, the K5 gas field is located 230 kilometers northwest […]

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SABIC and Vopak form joint venture for new Al Jubail terminal

SABIC and Vopak to build $400 million storage facility Saudi Basic Industries Corporation (SABIC) and Royal Vopak (Vopak) signed Heads of Agreement (HoA) to form a joint venture to build new storage facilities in the Al Jubail Terminal on the east coast of Saudi Arabia. The joint venture between SABIC and […]

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BG Group and CNOOC close deal on Queensland Curtis LNG

BG to become first supplier of LNG in China BG Group from UK and China National Offshore Oil Corporation (CNOOC) signed Heads of Agreement (HOA) about the Queensland Curtis Liquefied Natural Gas (QCLNG) project. Both companies were already partnering in the QCLNG project, but with the agreed Heads of Agreement, […]

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