Posts Tagged ‘offshore projects’

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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One Day – One Country: Qatar

Qatar Petroleum to diversify in oil and petrochemicals Since the moratorium decided by Qatar in 2005 to freeze all new offshore projects out of its giant North Dome project, Qatar Petroleum concentrated to complete on going projects and to stabilize the reservoir from the consequences of the multiplication of the production […]

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Petronas to start Baram Delta Gas Gathering project development

Malaysian RNZ wins FEED contract on Bardegg-2  The national oil company (NOC) Petronas selected the local engineering services provider RNZ Integrated (RNZ) to perform the front end engineering and design (FEED) of the Baram Delta Gas Gathering phase two (Bardegg-2) project on the Baronia field offshore Miri in the Sarawak […]

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Eni and Anadarko in parallel talks for partnership in Mozambique

Eni ready to sell 20% stake in Rovuma to CNPC Although Eni from Italy and Anadarko Petroleum  (Anadarko) from US had decided to team up in the onshore part of Mozambique liquefied natural gas (LNG) project, the both companies are searching for separated partnerships to develop the super-giant natural gas fields of the Rovuma […]

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Italy considers how to restore its GDP with Oil and Gas

Offshore Exploration and Production ban counts days Soon after the Macondo incident, Italy proposed a moratorium that came into force in August 2010. Italy’s Legislative Decree No. 128/10 (known as DL 128) prohibited offshore exploration and production activities involving liquid hydrocarbons within 5 miles of the Italian coast. In addition, […]

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