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Statoil and Lundin aligned on Johan Sverdrup concept The Norwegian national oil company (NOC) Statoil and its partners, Lundin from Sweden, Maersk Oil (Maersk) from Denmark, Petoro and Det Norske Oljeselskap (DNO) from Norway, aligned on the concept to develop the first phase of the giant Johan Sverdrup oil and gas field in the Norwegian […]

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GALSI at final decision on new Algeria – Italy Pipeline As a result of the lasting Ukraine crisis, Edison from Italy and Sonatrach from Algeria resumed talks about increasing natural gas import from Algeria to Italy through the Algeria Sardinia Italy Gas (GALSI) pipeline project to be revived for the circumstances. In respect with the […]

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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 […]

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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) […]

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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, […]

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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 […]

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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 […]

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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 […]

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