Posts Tagged ‘Production Sharing Agreement (PSA)’

Total and QP study Offshore Al Khaleej oil field re-development

Total Qatar Al Khalij Phase-4 to optimize oil production The French major Total SA (Total) and its local partner the national oil company (NOC) Qatar Petroleum (QP) are working on the Al Khalij Phase-4 project in considering the optimization along the next decades of the Al Khalij oil field exploration […]

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Consequences of barrel prices on Oil & Gas and Petrochemical projects

What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical […]

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BG and Eni prepare Karachaganak Expansion Project Stage-1

KMG joined KPO partners for KEP1 in Karachaganak 3 Through its national oil company (NOC) KazMunaiGas (KMG) Kazakhstan joined in 2012 the partnering companies BG Group (BG), Eni, Chevron and Lukoil in the Karachaganak Petroleum Operating BV (KPO) joint venture for the Karachaganak Expansion Project (KEP) Stage-1 of the oil and gas field […]

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Husky and CNOOC to expand Madura in Indonesia

Husky to qualify Madura MDA-MBH FPU bidders  Calgary-based Husky Energy (Husky) and its partners, the state-owned China National Offshore Oil Corporation (CNOOC) and the independent Singapore-registered Samudra Energy (Samudra) are proceeding to the qualification of the engineering companies and shipyard to be invited to bid (ITB) for the construction of […]

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Petrobras to test Libra Pre-Salt field offshore Brazil with first FPSO

Petrobras Shell and Total qualify Libra FPSO bidders The national oil company (NOC) Petroleo Brasileiro SA (Petrobras) and its partners, the majors Royal Dutch Shell (Shell), from The Netherlands, Total from France, and the Chinese champions China National Petroleum Corporation (CNPC or PetroChina) and China National Oil Offshore Corporation (CNOOC) are […]

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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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DNO and Genel revive Summail in Kurdistan Region of Iraq

DNO and Genel ready for FID on Block Dohuk project The Norwegian independent company DNO and its partners, a Turkish-based company Genel Energy (Genel) and the local Kurdistan Regional Government (KRG) are preparing the final investment decision (FID) to develop on fast track the Block Dohuk in the north of […]

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Statoil and ExxonMobil compare Tanzania LNG development concepts

KBR completed Tanzania LNG project pre-FEED Since KBR completed the pre front end engineering and design (pre-FEED) work, the Norwegian national oil company (NOC) Statoil and the International oil company (IOC) ExxonMobil are comparing the best concepts to develop the giant liquefied natural gas (LNG) project based on the offshore […]

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Shell to break Gazprom gas monopoly in Ukraine

Shell and Ukraine signed $10 billion deal in Davos Shell‘s Chief Executive Officer, Peter Voser, and Ukraine’s President Viktor Yanukovich took the opportunity of the World Economic Forum in Davos to sign a $10 billion agreement to develop shale gas resources in Ukraine. Last May 2012, Ukraine had selected two […]

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KBR to provide cracker technology to Cambodia first refinery

SINOMACH and CPC to build first Cambodia refinery On December 28th 2012, China Perfect Machinery Industry Corp (SINOMACH) and Cambodia Petrochemical Corporation (CPC) made the final investment decision (FID) to build the first crude oil refinery in the Kampong Som Petrochemical Industrial Zone along the southern coast in Cambodia. This […]

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