Posts Tagged ‘local content’

Total adopts converted design for Angola Kaombo FPSOs

Total align bidders for $3 billion Kaombo FPSOs.  Modec, Saipem and SBM Offshore are expected to bid for the two converted FPSOs proposed by Total and its partners, ExxonMobil, Marathon, Sonangol and Galp for the development of the Kaombo offshore project in Angola. Angola, on the western coast of Africa, is one […]

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Petro Arctic

Definition Petro Arctic is a Norwegian association to promote the potential suppliers willing to participate to the development and operations of the offshore oil and gas projects in North Norway and the Barents Sea.  Comments Petro Arctic was created in 1997 to involve local companies in the Snøhvit LNG project. Since […]

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Technip and HHI win $660 million Aasta Hansteen (ex Luva) SPAR hull

OMV to replace ExxonMobil in Aasta Hansteen partnership with Statoil and ConocoPhillips Aasta Hansteen field was previously named Luva and is one of the largest field in the Norwegian Continental Shelf (NCS) with a development planned to cost some $5.6 billion (NOK 34 billion) of capital expenditure. Aasta Hansteen is the start of deepwater development […]

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Jacobs wins FEED on Saudi Kayan UHMWPE project

Sabic expands Kayan complex into strategic chemicals Saudi Kayan (Kayan) is an affiliate of Saudi Basic Industries Corporation (SABIC) to run and operate one of the largest petrochemical complex in the world located in the Jubail Industrial City.  Sabic designed it to reduce Saudi economy reliance on crude oil in bringing up […]

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Saudi Aramco to tender $1 billion Riyadh Refinery EPC contracts

Foster Wheeler and Sofcon completed the FEED Foster Wheeler and its local partner A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON) have completed the Front End Engineering and Design (FEED) for the Saudi Aramco Riyadh Refinery Clean Transportation Fuel project. In April 2011, Foster Wheeler’s Global Engineering and Construction […]

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Shell and ExxonMobil awards Fram FPSO to SBM

SBM will supply, lease and operate a converted FPSO The Fram field is located in United Kingdom continental Shelf (UKCS) including the Blocks 29/3c, 29/4c, 29/8a and 29/9c in the central North Sea, around 220 km east of Aberdeen, Scotland, UK, in a water depth of approximately 97 m. These […]

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“GES+”

Definition  GES+ is the acronym of General Engineering Services Plus. General Engineering Services Plus is an initiative led by Saudi Aramco to increase the local content of the engineering activities in Saudi Arabia Comments Saudi Aramco’s General Engineering Services Plus (GES+) initiative requires that the majority of its engineering services requirements be conducted in […]

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$17 billion Shell & Mitsubishi gas flare recovery in Iraq

Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture,  Basra […]

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Statoil Skrugard and Havis oil discoveries justify feasibility studies

Statoil, ENI and Petoro expect more to come from Skrugard and Havis exploration The Skrugard and Havis fields are located 5 kilometers from each other at a vertical depth of 1740 meters below sea level at a water depth of 388 meters in the PL532 licence area which was awarded in […]

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Aker and CB&I design $5.6 billion Spar for Statoil Aasta Hansteen

Statoil, ExxonMobil and ConocoPhillips rename Luva project into Aasta Hansteen During the concept selection Statoil estimated the development capital expenditure in the Aasta Hansteen field  (formerly named Luva) at some $5.6 billion (NOK 34 billion). With a total hull weight of 45,000 ton, a length of 193 meters and a draught […]

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