Posts Tagged ‘Petronas’

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: Canada

Key Projects and Business Highlights 2014  On the Western Canada, the Provinces of British Columbia (B.C.) and Alberta have decided to favor all the investments to develop the unconventional gas resources in addition to the well known bitumen. In the gas race to supply thirsty East Asia countries, Canada identified […]

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Iraq SOC Common Seawater Supply Project at bidding stage

South Oil evaluates offers for CSSP FEED contract The state-owned South Oil Company (SOC) is currently evaluating the offers for the giant Common Seawater Supply Project (CSSP) to be built in the south of Iraq to provide all the water required by the exploration and production of the oil and […]

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JX Nippon and Petronas to develop Malaysia Layang offshore Sarawak

Nippon to run fast track for Layang FPSO conversion The Japanese-owned joint venture JX Nippon Oil & Gas Exploration Ltd (JX Nippon) and its local partner Petronas Carigali (Petronas) are now running on the fast track to develop the Layang gas field, offshore Sarawak in Malaysia, with a converted floating […]

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One Day – One Country: Canada

Canada to boost crude oil production 75% by 2035 According to its National Energy Board (NEB), Canada expects to increase its crude oil production 75% by 2035. In respect with the rising the demand in North America and in Asia, Canada sees the opportunity to target a volume of production […]

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PetroChina and Total confirm Iraq Halfaya plateau production by 2017

CNPC and Total to double production with Halfaya-3 The China National Petroleum Corporation (CNPC or PetroChina) and its partners, Total from France, Petronas from Malaysia and the local South Oil Company (SOC) confirm to target the plateau production of the Halfaya oil field in the south of Iraq by 2017 […]

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Petronas Angsi standby triggers Shell Malaysia St Joseph CEOR project

Shell calls for bid St Joseph CEOR Pilot Vessel project The international oil company (IOC) Royal Dutch Shell is calling for bid a three year engineering contract to design and develop a pilot vessel to provide chemical enhanced oil recovery (CEOR) at the St Joseph oil field offshore the State […]

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Dialog and Vopak on track with Malaysia Pengerang LNG Terminal

Dialog-Vopak to feed Petronas Pengerang power plant The Malaysian Dialog Group Berhard (Dialog) and the Rotterdam-based Royal Vopak (Vopak) are preparing the final investment decision (FID) on the Pengerang LNG Terminal project in the Johor Province at southern Peninsular Malaysia while the local engineering company Anewa is completing the construction […]

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GDF-Suez and Santos to award Bonaparte FLNG FEED on Q1 2014

Australia Bonaparte FLNG to start operations in 2019 The French energy group GDF-Suez and its Australian partner Santos Ltd (Santos) are planning to award the front end engineering and design (FEED) contract on the first quarter 2014 for the development of the Bonaparte floating liquefied natural gas (FLNG) to be […]

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Murphy Oil and Petronas to speed up Kenarong and Pertang Development offshore Malaysia

Kenarong – Pertang competitive FEED to be an option Murphy Oil Corporation (Murphy Oil) and the Malaysian oil company Petronas are considering the option to organize a competitive front end engineering and design (FEED) to develop the Kenarong and Pertang natural gas fields of the Block PM311 in the shallow […]

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