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KMG joined KPO partners for KEP1 in Karachaganak 3 Through its national oil company (NOC) KazMunaiGas (KMG) Kazakhstan joined in 2012 the partnering companies BG Group (BG), Eni, Chevron and Lukoil in the Karachaganak Petroleum Operating BV (KPO) joint venture for the Karachaganak Expansion Project (KEP) Stage-1 of the oil and gas field development Karachaganak phase-3 in the northwest […]
Mubadala and IPIC review Emirates LNG EPC tenders The Abu Dhabi Sovereign funds Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) are currently reviewing the tenders submitted by the qualified bidders for the engineering, procurement and construction (EPC) contracts to be awarded for the Emirates LNG Terminal and Regasification project on the coast […]
CCI to build world-scale Plaquemines Parish Methanol The global trading company Castleton Commodities International (CCI) selected Louisiana in USA to build a greenfield methanol plant. CCI announcement comes after a series of similar decisions from companies such as Benteler, CF Industries, Cheniere Energy, Cornerstone Chemical, Dow Chemicals, Dyno Nobel, Nucor or Sasol which decided to go […]
CFE tenders gas pipelines from Waha-USA to Mexico The state-owned Comision Federal de Electricidad (CFE) is tendering series of pipelines and power plants to import shale gas from the Waha hub in Texas, USA, to Mexico in order to meet the growing demand of the local market and to supply electrical utilities. The new Constitution […]
Oman Oil Duqm Refinery nears FEED completion Duqm Refinery and Petrochemical Industries Corporation (DRPIC), a 50/50 joint venture between the wholly state-owned Oman Oil Company SAOC (OOC or Oman Oil) and International Petroleum Investment Company (IPIC) ,a sovereign fund of Abu Dhabi, is on the way to complete the front end engineering and design (FEED) […]
REI Cook Inlet project to feed Japan LNG Terminals The Japanese Alaska-based Resources Energy Inc. (REI), in joint venture with the Alaska Industrial Development and Export Authority (AIDEA), is planning series of projects to export Alaska liquefied natural gas (LNG) from the Cook Inlet Basin to Japan LNG import terminals. Leading to the City of Anchorage […]
Premier Oil and KUFPEC move Bream FPSO to FEED The London-based junior company Premier Oil plc (Premier Oil) and its partners, the national oil company (NOC) Kuwait Foreign Petroleum Exploration Company (KUFPEC) and the other London-headquartered junior company Tullow Oil plc (Tullow) finalized the conceptual study for the development of the offshore Bream and Mackerel […]
KNPC NRP and PIC Al-Zour projects to be integrated The national oil company (NOC) Kuwait National Petroleum Corporation (KNPC) and its sister state-owned company Petrochemical Industries Corporation (PIC) are working on the integration of their respective giant projects, the New Refinery Project (NRP) on one side and the Al-Zour Olefins and Aromatics Plants projects on […]