September 2013

Pertamina and ExxonMobil to build Indonesia Cepu Gas Plant

Tiung Biru and Jambaran gas fields reach FEED stage The super major ExxonMobil and the national oil company (NOC) Pertamina have agreed to prepare the call for tender for the front end engineering and design (FEED) work to develop the Tiung Biru and Jambaran gas fields at Cepu block across Central Java and East Java […]

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Dangote secures financing for Nigeria Olokola Refinery Integrated Complex

Nigeria to restore refining capacities with private loans On September 4th 2013, the Nigeria private Dangote Group (Dangote) sealed a financial agreement with 12 banks for a $3.3 billion loan to build a greenfield refinery and petrochemical complex in Olokola in the south of Nigeria. With $8 billion capital expenditure, this $3.3 billion loan will

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ONGC finalizes scope of work for offshore India Bassein Expansion

ONGC may re-tender Bassein Expansion EPC contract The national oil company (NOC), Oil & Natural Gas Corporation (ONGC) is considering on last minute to rethink the scope of work for its Bassein Expansion project offshore India. Although the Bassein Development project has reached its final bidding stage to award the engineering, procurement and construction (EPC)

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Sinopec starts giant Batan PT West Point Terminal project in Indonesia

Will Sinopec trigger Indonesia new refineries projects? The world largest refining company Sinopec from China has decided to build the largest oil storage terminal in Southeast Asia at the Batam Free Trade Zone in Indonesia. With a storage capacity of 16 million barrels of crude oil and refined products Sinopec is planning to invest $850 million

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Golar and Exmar in contest over Canada BC LNG project

LNG Partners opt for FLSU moored in Douglas Channel The liquefied natural gas (LNG) carriers fleet owners Golar LNG, registered in Bermuda and managed from Norway, and Exmar from Belgium enter intense contest around the Douglas Channel LNG project headed by LNG Partners LLC and LNG BargeCo BVBA in British Columbia, on the west coast of Canada.

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Saudi Arabia to increase natural gas production capacity

Saudi Aramco to evaluate Fadhili gas plant FEED bids The national oil company Saudi Aramco is currently evaluating the tenders submitted by the qualified engineering companies in competition to provide the Fadhili Gas Processing Plant project with the front end engineering and design (FEED) work. This project is part of Saudi Arabia program to develop

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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 Tanzania Block-2 natural gas discoveries

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Woodside and partners to deploy a fleet of FLNG on Browse

Woodside to moore three Shell-type FLNGs on Browse Woodside Petroleum (Woodside) and its partners, Shell, BP, Mitsubishi-Mitsui (MIM), and China National Petroleum Corporation (CNPC or PetroChina) are setting up the benchmark for the development of the natural gas fields offshore Western Australia in confirming the decision to deploy a fleet of three floating liquefied natural

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BG Group and Trunkline steam up to convert Louisiana LNG terminal

Technip selected for Lake Charles LNG FEED work BG Group plc (BG) from UK and Trunkline LNG Export LLC (Trunkline) from USA have selected Technip to perform the front engineering and design (FEED) to convert their US Lake Charles facilities into Louisiana liquefied natural gas (LNG) export terminal. Trunkline is a wholly-owned Energy Transfer company as

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