One day – One Project
Petrofac won the first Oil Central Processing Facility (CPF) The Gazprom Neft (Gazprom) Badra oil field is located in the Wasit Province at the Southeast of Iraq. The Badra oil field stakeholders are Gazprom, the operator with 30% share, then KOGAS with 22%, Petronas with 15%, TPAO with 7.5% The project will reach its full […]
AkzoNobel invests $180 million for 50% increase in Frankfurt Chloride and Caustic Soda facilities Caustic Soda is one of the most widely used chemicals in the industry. The increasing requirements in Europe for chlorine and derivatives over the past five years means the current plant is not meeting demand. Caustic soda is a solution of […]
Apache, EOG and Encana lead British Columbia gas development for export The Kitimat LNG project started in 2006 with the signature of a partnership agreement with the Haisla First Nations It took a decisive step forward in 2010 when Apache purchased a majority interest in the proposed project. Today Kitimat LNG is owned: – 40% […]
Advanced and Bayegan to build a new PDH-PP plant Advanced Petrochemical Company (Advanced), a leading Saudi Arabia based producer of petrochemical products, and Bayegan Group (Bayegan), a Turkish international trading company, engaged in petroleum derivatives, petrochemicals and other commodities, announced the signing of a Memorandum of Understanding (MoU) for the development of a joint $ […]
$1.5 billion Dorra offshore packages for bid next quarter The Dorra gas field is located in the so called Divided Zone between Saudi Arabia and Kuwait. According to the agreement signed in 1965 between the two countries, this Divided Zone results from the ex Neutral Zone, 300 km Northeast Dammam in Saudi Arabia and 130 […]
Indonesia Abadi fLNG to learn from Australia Prelude In one way, INPEX Corporation Ltd acquired 17.5% participating interest in the Prelude Floating LNG (FLNG) Project from Shell Development (Australia) proprietary Ltd in order to get the experience to develop the Abadi LNG Project in Masela Block. In the other way, Shell in December 2011 acquired […]
A good option for ExxonMobil/BHP and Woodside ExxonMobil‘s affiliate Esso Australia Resources Pty Ltd is the operator of the Scarborough gas field, a 50/50 joint venture with BHP Billiton. The Scarborough field is one of the most remote of the Carnarvon Basin gas resources and the development remains challenging due to location in 900 metres […]
$4 billion Louisiana Ethylene Cracker: On going Feasibility Study The South African energy and chemicals major Sasol’s board of directors has approved a feasibility study for a possible ethylene cracker and derivatives project at Lake Charles, Louisiana, USA. Sasol’s decision to move to a feasibility study on the USA project comes after the company completed a pre-feasibility study. […]
