Posts Tagged ‘tanks farm’

CNOOC, Total and Tullow move on Uganda Kingfisher project

Kingfisher to lead Lake Albert and refinery projects After resolving tax and refinery disagreements between Tullow Oil plc (Tullow) from UK, Total from France, the China National Offshore Oil Corporation (CNOOC) from China and the Uganda Government, the Kingfisher project is ready to take off. The Kingfisher project is to […]

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Oman Oil scales up Duqm Refinery and Petrochemical complex project

OOC and Takamul to build world-scale storage terminal On January 2013, Oman Oil Company (OOC) and Takamul Investment Company (Takamul), both companies from the Sultanate of Oman, established a joint venture to build one of the world largest oil storage terminal at Raz Markaz in Oman. Called Oman Tank Terminal […]

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Canadian Northern Gateway Pipeline to benefit from US shale gas pressure

Non-end drive to USA paves Enbridge way to Asia With the cancellation of the $16.2 billion Mackenzie Valley pipeline project, Canada integrates the new situation created in the USA with the exponential development of the shale gas these last years. Proposed in the 1970s and finally approved by the Canada’s […]

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“CPF”

Definition CPF is the acronym of Central Processing Facility. Comments In the industry CPF may refers to any kind of manufacturing process as soon as it belongs to the core of the transformation of the facility. In the Oil and Gas industry, CPF belongs to the upstream activity to described […]

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Gazprom and PetroChina restore dialog on gas price

Gazprom to study underground gas storage in China  Last May, China and Russia had terminated lengthy negotiations on their natural gas trading prices to drive the constructions of multiple gas pipelines between the two countries. China had made its best efforts to increase its offer from $0.235 per cm to $0.250 while Russia was ready to accept $0.300 per cm […]

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The $1 billion Luberef Yanbu Lube Oil Refinery on Bidding

Luberef stands for the Saudi Aramco Lubricating Oil Refining Company created by Saudi Aramco and ExxonMobil. But since 2007, Luberef is a 70/30 joined venture between Saudi Aramco and Jadwa Investment to operate lube oil refineries in Yanbu and Jeddah. With Jeddah and Yanbu refineries, the total Luberef actual capacity […]

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