January 2013

Qatar creates – Muntajat – a new company to boost Petrochemicals

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Qatar to double petrochemicals production until 2020 On December 23rd 2012, Qatar established a new company, the Qatar Chemical and Petrochemical Marketing and Distribution Company (MUNTAJAT) Q.J.S.C., to lead the strategic development of the country on the downstream sector. In creating this corporation, Qatar is targeting to more than double the chemical and petrochemical production from […]

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Petronas – Progress award British Columbia Prince Rupert pipeline

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TransCanada to connect with Pacific Northwest LNG Petronas from Malaysia and its Calgary based subsidiary, Progress Energy Canada, selected TransCanada to design, build, own and operate (BOO) the Prince Rupert gas transmission project in British Columbia. On December 7th 2012, Canada Prime Minister approved Progress Energy Resources Corp. acquisition by Petronas for the amount of

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Anardarko and Eni to team up in Mozambique LNG

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Anadarko and Eni to create 10 Trains Afungi LNG Park The Houston based Anadarko Petroleum Corporation (Anadarko) and the Italian national oil company Eni signed  Heads of Agreement (HOA) to coordinate the development of their respective natural gas fields in the prolific Rovuma Basin, offshore Mozambique. Anadarko is leading a joint venture to develop the Mozambique

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ExxonMobil, Chevron, Suncor, Statoil and Nalcor go for Canada Hebron

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ExxonMobil and partners to invest $14 billion by 2017 ExxonMobil, Chevron, Suncor Energy (Suncor), Statoil and Nalcor Energy Oil and Gas (Nalcor) made the final investment decision (FID) to develop the Hebron offshore oil field project in Canada. The Hebron oil field is located offshore the Newfoundland and Labrador on Canada East Coast, in the

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Shell, Technip and Samsung to extend cooperation in Floating LNG

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Shell and Technip Samsung Consortium closed deal December 13th, 2012, Shell Gas & Power Developments B.V. (Shell) , Technip and Samsung Heavy Industries (Samsung) signed a Heads of Agreement (HOA) to strengthen their cooperation in the floating liquefaction of natural gas (FLNG) facilities. Since 2009, Technip and Samsung cooperate together on the Shell Prelude FLNG project through their

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Total awarded main packages on Martin Linge in Norway

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Technip and Samsung Heavy Industries won Topsides In selecting the consortium made of  Technip and Samsung Heavy Industries (SHI) for the topsides of its Martin Linge project in Norway, the french international oil company, Total, awarded the main package of this $4.2 billion project. Lying by 120 meter water depth on the Norwegian Continental Shelf (NCS), the Martin Linge

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