Posts Tagged ‘International Petroleum Investment Company (IPIC)’

Oman Oil starts pre-qualification for Duqm Refinery-Petrochemical

Oman Oil Duqm Refinery nears FEED completion Duqm Refinery and Petrochemical Industries Corporation (DRPIC), a 50/50 joint venture between the wholly state-owned Oman Oil Company SAOC (OOC or Oman Oil) and International Petroleum Investment Company (IPIC) ,a sovereign fund of Abu Dhabi, is on the way to complete the front […]

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IPIC to call for tender Fujairah Refinery in United Arab Emirates

IPIC qualified bidders for Fujairah Refinery Phase-1 The Abu Dhabi-based International Petroleum Investment Company (IPIC) is preparing the call for tender for the engineering, procurement and construction (EPC) contract of the Fujairah Refinery Phase-1 in the United Arab Emirates (UAE). Established in 1984 by Abu Dhabi Government , IPIC has the mission […]

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Oman Oil scales up Duqm Refinery and Petrochemical complex project

OOC and Takamul to build world-scale storage terminal On January 2013, Oman Oil Company (OOC) and Takamul Investment Company (Takamul), both companies from the Sultanate of Oman, established a joint venture to build one of the world largest oil storage terminal at Raz Markaz in Oman. Called Oman Tank Terminal […]

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Abu Dhabi National Chemicals Company (ChemaWEyaat)

together WE achieve Based in Abu Dhabi within the United Arab Emirates (UAE), the Abu Dhabi National Company (ChemaWeYaat) was established recently in 2008 as the spearhead of the petrochemical industry in the UAE. In order to create immediately a regional champion and develop synergies, the stakeholders transferred their respective […]

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OMV in brief

An international oil and gas company  Based in Vienna, OMV Aktiengesellschaft  (OMV) is one of Austria’s largest listed industrial companies with 29,800 employees in 2011 Historically, OMV is an integrated upstream–midstream–downstream company with activities mostly concentrated in Europe. Upstream, OMV explore and produce oil and gas in Romania and Austria […]

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Fujairah concentrates midstream and downstream UAE projects

Abu Dhabi converts Fujairah into oil and gas hub The Abu Dhabi investment funds International Petroleum Investment Company (IPIC) and Mubadala Development Company (Mubadala) are leading more than $10 billion capital expenditure into midstream and downstream projects in Fujairah. With direct access to the Gulf of Oman, Fujairah occupies a […]

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ChemaWEyaat to tender FEED on Tacaamol Aromatics Project

Abu Dhabi Chemical Company sets Tacaamol phase 1 Abu Dhabi Chemical Company (ChemaWeyaat) is planning to call for tender before the end of the year for the front end engineering and design (FEED) of the Tacaamol Aromatics project. Tacaamol is a joint venture between between ChemaWEaat and Abu Dhabi sovereign fund […]

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Oman boosts upstream and downstream with $33 billion projects

PDO Saih Rawl, PDO Zauliyah and BP Khazzam and Makarem lead Oman natural gas development Last  August, the national oil company (NOC) Petroleum Development Oman LLC (PDO) awarded the Saih Rawl Depletion Compression Phase 2 (SRDC2) project to Larsen & Toubro from India to provide with the engineering, procurement and construction […]

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Abu Dhabi welcome new comers for concessions renewal

New players to bid against BP, ExxonMobil, Shell and Total With the onshore concessions expiring in 2014 and the offshore ones coming up in 2018, Abu Dhabi, in the UAE,  is to rewrite the terms of its producing fields and offer up fresh prospects. The first oil concessions covering all […]

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ADNOC selects OMV and Wintershall for Shuwaihat sour gas

OMV and Wintershall to appraise Shuwaihat sour gas and condensate field The Abu Dhabi National Oil Company (ADNOC), signed a Technical Evaluation Agreement (TEA) with OMV Abu Dhabi E&P GmbH (OMV) and Wintershall Middle East GmbH – Abu Dhabi (Wintershall) to appraise the sulfur rich sour gas (H2S and CO2) and condensate field […]

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