One day – One Project
OCI Beaumont received permit for Nederland expansion Orascom Construction Industries Beaumont LLC (OCI Beaumont) received the final green house gas Prevention of Significant Deterioration construction permit from the US environmental Protection Agency (EPA) for the expansion of its methanol and ammonia plants located in Nederland, Texas, USA. Formally known as Pandora Methanol LLC, OCI Beaumont took […]
Husky to qualify Madura MDA-MBH FPU bidders Calgary-based Husky Energy (Husky) and its partners, the state-owned China National Offshore Oil Corporation (CNOOC) and the independent Singapore-registered Samudra Energy (Samudra) are proceeding to the qualification of the engineering companies and shipyard to be invited to bid (ITB) for the construction of the floating production unit (FPU) […]
KOC to drill 900 wells in Lower Fars heavy crude oil The wholly state-owned Kuwait Oil Company (KOC) is planning to drill more than 900 wells to develop the heavy crude oil lying in the Lower Fars field in the north of Kuwait. Discovered in 1978, the Lower Fars formation belongs to the Ratqa field, […]
Texas and Louisiana race for Chinese methanol project The Chinese companies Connell Group (Connell) and Sino Life Insurance Corporation (Sino Life) are currently evaluating potential sites in Shoal Point, Texas, and Donaldsonville, Louisiana, to build and operate a world-scale methanol plant in USA. Based in Jilin, in the northeast of China, Connell is a chemical group […]
Petrobras Jupiter FPSO to learn from Lula development Petrobras and its partner, Galp Energia (Galp) from Portugal, are expecting to benefit from the lessons learnt in developing the Lula giant offshore pre-salt field to design the floating, processing, storage and offloading (FPSO) vessels to be moored at Jupiter field to operate in similar conditions in […]
Chevron – Aramco – KOC validate Wafra Steamflooding The California-based international oil company (IOC) Chevron Corporation (Chevron) and its local partners, Saudi Aramco and Kuwait Oil Company (KOC) have validated the steamflooding technology to develop the Wafra heavy crude oil field in the onshore Partitioned Zone (PZ) between Saudi Arabia and Kuwait. The Partitioned Zone […]
Yuhuang to invest $1.85 billion in St James Parish The Chinese Shandong Yuhuang Chemical Corporation Ltd (Shandong Yuhuang) has selected a site in St James Parish, Louisiana, to build its first overseas facilities under the name of Yuhuang Louisiana methanol project. Ranked among the top twenty five chemical group in China, Shandong Yuhuang is running $5 […]
Pemex to invest $6 billion to extend Akal lifetime The wholly state-owned company Petroleos Mexicanos (Pemex) is planning to invest up to $6 billion capital expenditure to stop the depletion of its giant Cantarell oil and gas field on the Mexican Continental Shelf of the Gulf of Mexico. Located 80 kilometers offshore in the Bay […]
