Archive for July, 2012

$5.4 billion funding ready to start Cheniere LNG Phase 1

Cheniere secured first phase Sabine Pass LNG funding In February, the private equity firm Blackstone Group LP (Blackstone) […]

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Oil sands

Definition Oil sands are bitumen deposits  which naturally occurred from the mixture of thick, heavy oil, water and sand. […]

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Imperial Oil awards $300 million Kearl Expansion to CB&I

ExxonMobil to boost oil sand production in Canada Through Imperial Oil Ltd (Imperial Oil), ExxonMobil is planning to double […]

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Successful “Open Door” license round in Greece

Eleven companies bidding on Ioannina, Gulf of Patras and Katakolon fields on western Greece In March 2012, Greece […]

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Pipelay Vessel

Definition Pipelay Vessel or Pipe Laying Vessel refers to the vessel used by the offshore oil and gas […]

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Chevron qualified contractors to bid on $3 billion Gendalo-Gehem

Technip and WorleyParsons completed the FEED Chevron had awarded the front end engineering and design (FEED) for the […]

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Saudi Aramco and Sabic lead Middle-East downstream projects

$8.9 billion petrochemical projects awarded on H1-2012 Middle-East countries and especially Saudi Arabia have been extremely active on […]

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Elastomer

Definition Elastomer comes from the contraction of elastic polymer. Elastomer refers to any material, such as but not […]

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Sonatrach and Total in discussion again about Arzew Petrochemical Complex

Qatar Petroleum holds 10% of $3 billion Arzew project Since Total and Sonatrach had announced the giant Arzew […]

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Abu Dhabi welcome new comers for concessions renewal

New players to bid against BP, ExxonMobil, Shell and Total With the onshore concessions expiring in 2014 and […]

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