Posts Tagged ‘LNG’

LNG market will be multiplied by 5 in 2018

Already more than double the 2017 business From the numbers we collected at the end of June, the LNG market has already awarded in 2018 twice more business than the entire 2017 year. At the beginging of the year our market analysis was already promising a boom for 2018 and […]

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Prosperous New Year 2018

Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.

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NOVA Gas North Montney Mainline gets Canada NEB approval

TransCanada expands British Columbia NGTL System NOVA Gas Transmission Limited (NGTL), a wholly owned subsidiary of the Calgary-based midstream company TransCanada Corporation (TransCanada), received the Canada National Energy Board (NEB) approval for its North Montney Mainline pipelines system project to be developed in the northeastern British Columbia. The North Montney […]

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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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Cyprus Aphrodite gas field to benefit from Israel Leviathan delays

Noble and Delek ready to declare Aphrodite viable The US-based company Noble Energy (Noble) and its Israeli partner Delek Group (Delek) are nearing the point to declare the Aphrodite gas field in the Block 12 offshore Cyprus Island in the southeast of the Mediterranean Sea commercially viable. In August 2007, […]

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Gazprom stops South Stream to go for Turkey Stream Pipeline

Gazprom proposes Turkish hub to supply South Europe The Russian natural gas champion Gazprom intends to substitute the cancelled South Stream project by the newly introduced Turkey Stream Pipeline project to supply the Mediterranean countries. On December 2014, President Poutine decided to stop the far advanced South Stream project pipeline as […]

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One Day – One Country: India

India Key Projects and Business Highlights 2014 The Indian oil and gas sector is dominated at 70% by national oil companies (NOCs), the Oil and Natural Gas Corporation (ONGC) and the Oil India Limited (OIL or Oil India) and completed by an active private sector well represented by Bharat Petroleum Corporation Limited […]

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One Day – One Country: Australia

Australia Key Projects and Business Highlights Since 2013, Australia suffered from hard messages when series of oil and gas companies no less than Apache, BG Group (BG), BHP Billiton (BHP), Chevron, ExxonMobil, Inpex, PetroChina (CNPC), Shell or Total sent warning announcements regarding the spiraling costs of their projects with the […]

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Cronus Chemicals selects Illinois to add nitrogen fertilizer plant in USA

Cronus to produce ammonia – urea in Tuscola – Illinois The Chicago-registered company Cronus Chemicals LLC (Cronus) has selected Tuscola in the State of Illinois to build a greenfield nitrogen fertilizer plant to produce ammonia and urea in USA. USA is the third largest consuming country of fertilizer in the world […]

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