Posts Tagged ‘Memorandum of Understanding (MOU)’

Santos submitted referral for Australia Narrabri Gas Project

Narrabri CBM to supply New South Wales gas market On November 2014, the Adelaide-based independent oil and gas company Santos Ltd (Santos) and its partner EnergyAustralia ltd submitted an Environment Protection and Biodiversity Conservation (EPBC) referral to the Commonwealth Government for the environmental assessment of its Narrabri coal bed methane (CBM) project in the […]

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Badlands NGL to build $4 billion North Dakota Polyethylene project

Badlands NGL and Vinmar to monetize US shale gas  The Delaware-registered company Badlands NGL’s LLC (Badlands NGL) and Vinmar Projects (Vinmar) from Houston, Texas, signed a memorandum of understanding (MOU) to design, build, operate a world-scale polyethylene greenfield plant and merchant its production out of North Dakota shale gas basins […]

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Rosneft in progress on Nakhodka Petrochemical Refinery complex

Rosneft invests $14.9 billion in Far East FEPCO project The Russian giant Rosneft, 69.50% owned by the State and 19.75% by the UK major BP, has confirmed to move forward on the Nakhodka integrated refinery and petrochemical complex close to Vladivostok in the south end of Russia Far East. Since […]

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Noble Energy to go for conventional FPSO in Israel Leviathan

Noble and Woodside terminated Leviathan MOU In May 2014, the Texas-based independent company Noble Energy Inc. (Noble) and the Australian national oil company (NOC) Woodside terminated their memorandum of understanding (MOU) regarding their potential cooperation in the development of the giant non-associated gas field Leviathan offshore Israel in the Mediterranean […]

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Sasol and Ineos in Joint Venture for LaPorte HDPE project in Texas-USA

Sasol HDPE relocated from Lake Charles to LaPorte The Swiss-based Ineos Group AG (Ineos) and the South African petrochemical company Sasol Ltd (Sasol) made the final investment decision (FID) in their joint venture to build a greenfield bimodal high density polyethylene (HDPE) in LaPorte,Texas USA. On early 2013, Sasol had confirmed […]

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Socar and BP kick off Trans Anatolian Natural Gas Pipeline construction

Socar and BP award TANAP EPCM to WorleyParsons The State Oil Company of Azerbaijan (Socar), and its partners, BP from UK, the Turkish State-owned company Boru Hatlari Ile Petrol Tasima Anonim Sirketi (Botas), awarded the engineering, procurement and construction management (EPCM) five years contract to the Australian-based engineering company WorleyParsons […]

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Saudi APC to join SK Gas in $900 million South-Korea Ulsan Propylene

APC and SK Gas selected CB&I licence for Ulsan PDH The downstream industrial group Advanced Petrochemical Company (APC) from Saudi Arabia and the midstream company SK Gas Corporation Ltd (SK Gas) from South-Korea signed a memorandum of understanding (MOU) to build a propane dehydrogenation (PDH) plant in Ulsan on the southwest […]

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Xcite selected conceptual design to develop UK North Sea Bentley

XER to combine Teekay-Sevan FSO with Arup Platform The Aberdeen-based Xcite Energy Resources Limited (Xcite or XER) company selected the conceptual design to develop its heavy crude oil field, Bentley offshore the Shetland Islands in the UK North Sea in combining a Teekay Sevan-type floating storage and offloading (FSO) vessel […]

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Gazprom approved Shell Sakhalin-2 LNG Expansion Roadmap

Gazprom and Shell to add third LNG train at Sakhalin II Gazprom and the Royal-Dutch Shell (Shell) met in Sotchi end of February to approve a memorandum of understanding (MOU) defining the roadmap to proceed to the Sakhalin II expansion project with the addition of a third liquefied natural gas […]

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Gazprom and Sibur to build Gas and Chemical plants in Far East Russia

Gazprom and Sibur ink MOU for Belogorsk project The Russian companies Gazprom and Sibur materialized in a memorandum of understanding (MOU) their intention to build a gas processing plant (GPP) and a petrochemical complex at Belogorsk in the Amur Region of the Far East Russia. This project is a consequence […]

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