Posts Tagged ‘heavy crude oil fields’

Consequences of barrel prices on Oil & Gas and Petrochemical projects

What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical […]

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Xcite Bentley to inspire Statoil Bressay project in UK North Sea

Statoil at the drawing board to save costs on Bressay The Norwegian State-owned company Statoil and its partner, the Royal Dutch Shell (Shell), are considering all options in order to reduce costs for the development of the heavy crude oil offshore project, Bressay, in the UK North Sea. In November […]

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Pemex to go for FPSO to develop Ayatsil-Tekel in Gulf of Mexico

Pemex to release Ayatsil call for tender in September The Mexican national oil company, Petroleos Mexicanos (Pemex), selected the concept of the floating, production, storage and offloading (FPSO) vessel to develop its Ayatsil-Tekel discovery in the shallow water of the Campeche Basin in the Gulf of Mexico. Located 130 kilometers […]

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