May 2013

Shell and ADNOC to team up in Abu Dhabi Bab Sour Gas project

Shell won Bab Sour Gas project on sulfur monetization The Abu Dhabi National Oil Company (ADNOC) selected the super major company Shell to form a joint venture and develop the challenging Bab Sour Gas field in the southwest of the Emirates. Pending since 2007, this decision comes at a critical time as it may figure out […]

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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 develop the previously called Block-3A

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Chevron harvests gas discoveries in Australia Greater Gorgon

Chevron additional reserves credit Gorgon Expansion While Chevron continues to harvest natural gas discoveries in the Greater Gorgon area offshore Western Australia, its partners ExxonMobil and Shell review the costs estimates for the liquefied natural gas (LNG) Train 4 of the Gorgon Expansion project. When Chevron and its partners made the final investment decision (FID) to

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PetroChina to take stake in Ecuador Refineria del Pacifico project

CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and Petroleos de Venezuela SA (PDVSA) to take a stake in the Ecuador Refineria del Pacifico project. With a production of 500,000 barrels per day (b/d), Ecuador

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USA to release brakes on second LNG export project

Freeport LNG Expansion to get approval on H2 2013 After Cheniere Sabine Pass LNG in Louisiana, the Freeport LNG Expansion project in Texas could be the second export of liquefied natural gas (LNG) project to be approved by the US administration. This Freeport LNG Expansion project stands on the second position in the application list at the

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Saudi Aramco to award Midyan Gas Compression Project

Mustang-Hejailan completed FEED on Midyan Project Since Mustang–Hejailan completed the front end engineering and design (FEED) contract for the development of the Midyan offshore gas field, Saudi Aramco evaluated the bids submitted for the engineering, procurement and construction (EPC) contract of the Mustang onshore package of the project. Located 135 kilometers northwest of the Port of

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Petrobras, BG and Repsol-Sinopec Brazil to lease Carioca FPSO

Petrobras to send invitations to bid on Carioca FPSO Petrobras and its partners, BG Group (BG) and Repsol–Sinopec Brazil, are preparing the invitation to bid (ITB) to be sent to the charter companies for the lease of a floating, production, storage and offloading (FPSO) vessel at Carioca in the Santos Basin. Originally the Carioca FPSO was

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Rosneft and Mitsui to develop Russia FEPCO petrochemical project

Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and petrochemical giant OJSC NK ROSNEFT (Rosneft) and the Japanese conglomerate Mitsui & Co., Ltd (Mitsui) inked a memorandum of understanding (MOU) to develop

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Browse Floating LNG project takes shape offshore Australia

Woodside and Shell closed deal on FLNG technology On April 30th 2012, Woodside Petroleum (Woodside) and Shell, its partner in the Browse project of liquefied natural gas (LNG), signed an agreement on the technology for the floating LNG (FLNG) vessels that might be used to develop Browse. In addition to Woodside and Shell, the Browse project involves

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