One day – One Project

After extending the refinery, the Saudi Aramco South Korean subsidiary S-Oil Corporation (S-Oil) is considering to build the phase II of its second petrochemical complex on its existing site of Ulsan in Shaheen Province, South Korea.

The national oil companies (NOCs), Eni from Italy and Sonangol from Angola, together with the local joint venture Sonangol – Sinopec called SSI Fifteen limited (SSI Fifteen) intend to develop their recent discovery Agogo in the Block 15/06 offshore Angola on fast-track as a stand alone project as a floating, production, storage and offloading (FPSO) vessel.

The international oil company (IOC), Chevron Phillips, and the national oil company (NOC), Qatar Energy (QE), signed a heads of agreement (HoA) to build and operate an estimated $8 billion-worth petrochemicals project on the US Gulf of Mexico coast, under the name Golden Triangle Polymers.

The German municipally-owned utility companies, Hamburger Energiewerke and Stromnetz Hamburg, are considering developing a combined heat and power (CHP) generation plant at the Hafen Energy Park park, in Dradenau, south of Hamburg, Germany.

In August 2016, Eni and ExxonMobil signed an agreement by which Eni will sell 25% stake into the onshore LNG project and transfer the operator role to the US major ExxonMobil. Eni kept the operator role for the development of its offshore fields.

The LNG eldorado of Yamal Gydan Peninsula Novatek has huge reserves on the Gydan peninsula, namely the Geofizicheskoye and Utrenneye fields, which combined hold some 7 billion barrels of oil equivalent (boe) of C1+C2 reserves, which is comparable to those of South Tambeyskoye field, the base for Yamal-LNG. The Geofizicheskoye and Utrenneye fields may generate […]

Anadarko to complete Shenandoah appraisal program The Texas-based Anadarko Petroleum Corporation (Anadarko) and its partners, ConocoPhillips, Cobalt International Energy (Cobalt) and Marathon Petroleum Corporation (Marathon), implement their appraisal program for the Shenandoah offshore project in the US Gulf of Mexico. Discovered in 2009, the Shenandoah crude oil field belongs to Blocks 51 and 52 in […]

FERC pre-filling process initiated for Rio Grande LNG  The independent Texas-based company Next Decade LLC (NextDecade) started the pre-filling process in view to obtain the Federal Energy Regulatory (FERC) approval for its liquefied natural gas (LNG) Rio Grande LNG export terminal project to be located at the Port of Brownsville on the Texas Gulf Coast, at […]