Oil | 2B1stconsulting

13 Aug 2018

Independent Companies

Independent companies definition. Independent companies refer to Oil & Gas and Petrochemical operators that are neither international oil companies (IOCs) nor national oil companies (NOCs).

Tags: Anadarko, Apache, Consol, DNO, downstream, dynamic, fast track, gas, Independent, independents, Industry, IOC, IOCs, Kisault, market share, Midstream, Noble, NOC, NOCs, oil, Operator, Operators, organization, petrochem, Petrochemical, porjects, production, project, rebound, Samudra, shale, shale gas, shale oil, structure, Tullow, upstream
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19 Mar 2013

Europe opens back doors to shale gas exploration – production

One day - One News

From UK to Turkey all Europe is working on shale gas In December 2012, UK made the most noticeable step in Europe when ending the moratorium on fracking process after the Blackpool tremors in 2011. At that time not only UK lifted the fraking ban but also unveiled tax breaks […]

Tags: Blackpool tremors, Bloomberg specialists studies, Bulgaria, Canada, CAPEX, capital expenditure, Caspian Sea region, Chevron, China, completion, conventional offshore gas production, crude oil, Diyarbakir, downstream, drill, drinking water sources, Engineering Procurement and Construction, EPC, Ethylene, Europe, exploration, Exploration & Production, exploration and production of conventional and unconventional oil and gas onshore and offshore, exploration permits, ExxonMobil, FEED, feedstock, fracking process, France, Front End Engineering and Design (FEED), gas, gas pipeline, German Government, German Institute for Geosciences and Natural Resources, Germany, Hungaria, hydraulic fracking, joint venture, Lotos, Marathon Oil, Market Leadership, Midstream, natural gas, Norway, ogp projects, OGP projects pursuit, oil, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil news, Oil&Gas, permits, Petrochemical, Petrochemical projects EPC contracts, PGNIG, pipelines, PKN Orlen, Poland, Power generation, PriceWaterHouse, Project Feasibility study, recoverable resources, Romania, Russia, Russian gas import, shale gas, shale gas basins, shale gas development, shale gas exploration, shale gas exploration production., shale gas reserves, Shell, Thrace regions, TransAtlantic-Petroleum, Turkey, Turkey Vision 2023, Turkish Government, UK, unconventional reserves, upstream, US Energy Information Administration (EIA), USA, wells
Posted in One day - One News | 1 Comment

20 Aug 2012

Recoverable Reserves

One day - One Word

Definition Recoverable reserves are defined as the proportion of resources, here oil and gas, that can be technically, economically and legally possible to extract. The recoverable reserves may also be called proven reserves. Comments The recoverable reserves may be far different from the total resources called total Petroleum Initially-In-Place (PIIP). This Petroleum Initially-In-Place (PIIP) is an […]

Tags: 'tight gas, 1P reserves, 2P reserves, 3P reserves, Calgary, Canada, Canadian Oil and Gas Evaluation Handbook (COGEH), commercially, conventional oil and gas, crude oil, developed reserves, economic conditions, economically, Europe, Exploration & Production, Extra Heavy Crude Oil, gas, gas reserves, geological calculations, government regulations, Hydrocarbon reserves, legal contingencies, Legally, Metallurgy and Petroleum, natural gas, oil, Oil & Gas, Oil & Gas and Petrochemical glossary, oil and gas, Oil news, oil reserves, oil sand, oil shale, Oil&Gas, operating methods, Petroleum Initially-In-Place (PIIP), Petroleum Society of the Canadian Institute of Mining, Possible reserves, Probable reserves, proved developed reserves, proved reserves, proved undeveloped reserves., proven reserves, recoverable reserves, reserve categories, resources, shale gas, technically, technology, tight oil, total resources, unconventional oil and gas, unconventional resources, undeveloped reserves, unproven reserves, Unrecoverable reserves, upstream, USA
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17 Jul 2012

Associated gas

One day - One Word

Definition Associated gas refers to the natural gas found in association with oil within the reservoir. There are also reservoirs that contain only natural gas and no oil, this gas is termed non-associated gas. Comments Raw natural gas comes from three types of wells: oil wells, gas wells, and condensate wells. natural […]

Tags: associated gas, butane, capital expenditure, Carbon dioxide, carbon dioxide emission, condensate well, crude oil, dissolved gas, Ethane, Exploration & Production, flared gas, free gas, gas, gas flare recovery, gas flaring, gas fractionation, gas liquids, gas processing, Gas treatment, gas well, GTL, helium, hydrogen sulfide (H2S), LNG, natural gas, nitrogen and others)., nitrogen., non-associated gas, Offshore technology, ogp projects, OGP projects pursuit, oil, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical glossary, oil and gas, oil well, Oil&Gas, pentanes, Propane, raw natural gas, reservoir, semi-liquid hydrocarbon, Shell, Sulfur, upstream, water, water vapor, well
Posted in One day - One Word | 1 Comment

05 Jul 2012

Liquefaction

One day - One Word

Definition Liquefaction refers to the physical transformation of gas into liquid. In the oil and gas industry this liquefaction of gas may be processed just by compression, just by refrigeration, or both in combination depending on the gas. Comments In most of the cases the gas liquefaction is performed for […]

Tags: Algeria, Asia, boiling point, booster compressor, compression, condenser, control system., crude oil, Cryogenic, dehydration system, Europe, evaporator, exporter, gas, gas liquefaction, gas liquefier, gas markets, gas pipeline, gas prices, gas spot prices, gas storage, gas trading, gas transportation, Gas treatment, global gas market, Henry hub, importer, JCC, JCC contracts, liquefaction, liquefaction process, liquefaction unit, liquid gas, LNG, LNG carrier, LNG Terminal, LNG vessel, local gas market, long term contracts, Midstream, natural gas, natural gas liquefaction, North America., Norway, ogp projects, oil, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical glossary, oil and gas, Oil news, oil price, Oil&Gas, pipelines, refrigeration, regional gas market, short term contract, turboexpander, UK, upstream, vaporization, vessel
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04 Jul 2012

SAGD

One day - One Project

Definition SAGD is the acronym of Steam Assisted Gravity Drainage. The Steam Assisted Gravity Drainage is a process to produce oil from tar-sands. Comments The SAGD process has been developed in Ontario, then in Alberta by Imperial Oil (ExxonMobil) in the years 1970s. Canada holds the most important reserves of extra […]

Tags: Alberta, barrel price, BC, bitumen, British Columbia, Canada, Carbon dioxide, CO², CO2, crude oil, energy, Exploration & Production, Extra Heavy Crude Oil, ExxonMobil, gas, gas pipeline, heavy crude oil, horizontal well, Imperial Oil, lower well, melting oil, Methane, natural gas, natural water reserves, North America., nuclear, ogp projects, OGP projects pursuit, oil, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical glossary, Oil & Gas and Petrochemical Project, oil and gas, oil costs, oil recovery, oil sand, oil-sand separation, oil-water separation, Oil&Gas, Ontario, Project Feasibility study, proven reserves, recoverable oil, reserves recovery rate, SAGD, SAGD environmental constraints, SAGD facilities, SAGD process, sand dust, Saudi Arabia, solar, steam assisted gravity drainage, steam condensation, steam injection, tar sand, upper well, upstream, water, water consumption, windmill
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29 Jun 2012

PDO evaluates EPC bids for Oman Zauliyah gas processing project

One day - One Project

WorleyParsons completed FEED for PDO Zauliyah Petroleum Development Oman (PDO) is working on a new gas plant project at Zauliyah in central Oman adjacent to PDO’s existing Zauliyah Oil Production Station. The greenfield project will process non-associated gas, water and condensates from the Hasirah and Hawqa fields in the Bahja-Rima […]

Tags: Argentina, associated gas, Australia, bidders, capital expenditure, CCC, completion, compressors, condensates, Consolidated Contractors Company, crude oil, dehydration tanks, depletion, Dodsal, dry gas, Engineering Procurement & Project Management, Engineering Procurement and Construction, EPC, EPPM, Essar, Exploration & Production, FEED, Flowlines, Front End Engineering and Design (FEED), Galfar Engineering & Contracting, gas, Gas handling facilities, gas lift, gas lift compressors, gas pipeline, gas plant, gas processing plant, Greece, greenfield, Hasirah, Hawqa, India, Indian Oiltanking, interconnection, Iran, Jahanpars Engineering & Construction Company, Larsen & Tubro, natural gas, non-associated gas, off-plot facilities, ogp projects, OGP projects pursuit, oil, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Project, oil and gas, Oil news, oil production station, Oil&Gas, Oman, Partex, PDO, PDO Zauliyah gas processing facility, Petroleum Development Oman (PDO), Posco Engineering Company, Processing trains, project, Project Feasibility study, reservoir, Saih Nihayda, Saih Rawl, Shell, South Korea, South Oman Gas Line, Sulfur recovery unit, Tata Projects, Tecna, Total, Tunisia, UAE, upstream, water, wellhead, WorleyParsons, Zauliyah, Zauliyah Oil Production Station
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28 Jun 2012

Bapco ready to move on the $6 billion Refinery expansion

One day - One News

Sitra Refinery expansion preliminary studies completed After multiple scenarios for revamping and expansion, the Minister of Energy in Bahrain, Dr. Abdul Hussain bin Ali Mirza, has announced the completion of the preliminary studies to modernize the Sitra refinery. The plan of the Bahrain Petroleum Company (Bapco) aims to increase energy efficiency and […]

Tags: added value petroleum products, Africa, Bahrain, Bahrain Petroleum Company (Bapco), Bahrain’s General Directorate of Environment and Wildlife Protection, Bapco, biological treatment, brownfield, Cabinet, Call for Tender, capital expenditure, completion, construction, crude oil, distribution, Dr. Abdul Hussain bin Ali Mirza, drilling, energy efficiency, Engineering Procurement and Construction, EPC, expansion, Exploration & Production, Export Terminal, extension, FarEast, FCC, feasibility study, FEED, fluid catalytic cracker (FCC), Fluid Catalytic Cracking (FCC), Front End Engineering and Design (FEED), gas, GCC, GCC Countries, GE, GE’s ZeeWeed MBR technology, Government of Bahrain, greenfield, GS Engineering & Construction, hollow-fiber ultrafiltration, India, Manama, MBR, MBR train, membrane bioreactor (MBR) system, membrane modules., Middle East -Africa, Minister of Energy in Bahrain, natural gas, ogp projects, OGP projects pursuit, oil, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil derivatives, Oil news, oil refinery wastewater treatment, Oil storage facilities, oil terminal, Oil&Gas, Olefins, operations, petrochemical complex, Petrochemical projects EPC contracts, petroleum, plot plan, production, project, Project Feasibility study, Refinery, refining, Sitra refinery, South East Asia, storage, waste water, waste water treatment, water treatment, water treatment technology
Posted in One day - One News | 1 Comment

27 Jun 2012

Pemex selects Petrofac-Shlumberger to boost Panuco

One day - One News

Petrofac-Schlumberger won 30 years Pemex contract The Pánuco Area in Mexico contains four mature onshore fields operated by the Mexico’s state-run oil company Petróleos Mexicanos (PEMEX). Discovered in the early 1900s with original oil in place of approximately 6.8 billion barrels, the Panuco oil fields have about 1,600 wells of which around 200 are […]

Tags: Aberdeen, Abu Dhabi, Africa, Alfasid del Norte, Altamira, Arenque, Asia Pacific, Atun, Baker Hughes, BOE, capital expenditure, central Mexico, Chennai, CIS, completion, consulting services, cost recovery mechanism, crude oil, declining production, Egypt, Engineering Procurement and Construction, expansion, Exploration & Production, France, Halliburton, Houston, incremental production, India, innovative technology, integrated project management, integrated services contract, Latin American consortium, Magallanes, Market Leadership, mature fields, Mexico, Middle East, Monclova Pirineos Gas, Mumbai, Northern Mexico, ogp projects, OGP projects pursuit, oil, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil field services, Oil news, Oil&Gas, operations & maintenance, Operator, Panuco, Pánuco Area, Panuco oil field, Panuco oil fields, Paris, Pemex, PEMEX integrated service contract, Petrofac, Petrofac-Schlumberger, Petróleos Mexicanos (PEMEX)., Pico International Petroleum, production fee, proven execution capabilities, proven reserves, Repsol, reservoir performances, Saipem, San Andres, Santuario, Schlumberger, Sharjah, skill set, start-up, Texas, The Hague, The Netherlands, Tierra Blanca., UAE, UK, UK Continental Shelf (UKCS), UKCS, upstream, well, Woking
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22 Jun 2012

$3 billion Fujairah refinery, IPIC calls for bid on FEED

One day - One Project

Fujairah refinery, a strategic project for the UAE International Petroleum Investment Company (IPIC) is moving ahead with the crude oil refinery project to be located at Fujairah, UAE. The Fujairah refinery, should have a capacity of 10.0 million t/y or 200,000 b/d. IPIC estimated the capital expenditure at $ 3 […]

Tags: Abu Dhabi, Call for Tender, capital expenditure, completion, crude oil, downstream, Dubai, Duqm Refinery and Petrochemical Industries LLC, Engineering companies, export pipeline, Export Terminal, feasibility study, FEED, Fluor, France, Front End Engineering and Design (FEED), Fujairah, Fujairah refinery, GCC, GCC Countries, greenfield, grid, Gulf Cooperation Council, Gulf of Oman, International Petroleum Investment Company (IPIC), Iraq, joint venture, Kuwait, local grid, main oil terminal, Midstream, Murban, Northern Emirates, ogp projects, OGP projects pursuit, oil, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Project, Oil news, Oil&Gas, operation, petrochemical complex, pipeline, PMC, PMCProject Management Consultancy, Polypropylene (PP), Power generation, power supply, pre-FEED, Project Feasibility study, Qatar, Refinery, Saudi Arabia, Shaw, Shaw Group, Stone & Webster, Strait of Hormuz, Technip, UAE, Upper Zakum
Posted in One day - One Project | 6 Comments

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Posts Tagged ‘oil’

Europe opens back doors to shale gas exploration – production

Recoverable Reserves

Associated gas

Liquefaction

SAGD

PDO evaluates EPC bids for Oman Zauliyah gas processing project

Bapco ready to move on the $6 billion Refinery expansion

Pemex selects Petrofac-Shlumberger to boost Panuco

$3 billion Fujairah refinery, IPIC calls for bid on FEED

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