One day – One Project
Sinopec and Sabic have decided to extend their co-operation with this major Polycarbonate complex to be built in the Tianjin Binhai New Area, China In October 2009, Sinopec and Sabic had created a 50/50 shared joined venture, called Sinopec SABIC Tianjin Petrochemical Company (SSTPC), for a 1 million t/y Ethylene cracker which went into production in January 2010. […]
When the Saudi Authorities allocated to the Saudi Binladin Group (SBG) and Malaysia’s MMC Corporation the mission to design and develop the $27 billion Jizan Economic City (JEC), Saudi Arabia This refinery was supposed to be the first building block to create wealth and employment in the South region of the Kingdom. In addition the Saudi Authorities expectation […]
A year ago, Oman Oil Company (OOC) and the International Petroleum Investment Company (IPIC) – an Abdu Dhabi Government owned company – signed in Abu Dhabi a cooperation agreement on investments in oil, gas and petrochemicals. This agreement is now taking shape with the decision to move ahead with this $6 billion refinery to be […]
The Linde Group (Linde) and Sadara Chemical Company (Sadara), the joined venture between Saudi Aramco and Dow Chemical, signed a long-term contract for the gas supply of Sadara Complex in construction in Al Jubail, Saudi Arabia. Linde will spend $380 million in capital expenditure. Sadara will be the world’s largest chemical complex ever built in a single phase. […]
The Mubadala Development Company, through its branch Mubadala Oil& Gas and the International Petroleum Investment Company (IPIC) from Abu Dhabi, have announced the project to build the Emirates LNG Terminal in Fujairah, UAE. This LNG Terminal would have a down loading and re-gasification capacity of 1.2 billion cf/d and a storage capacity of 12 billion cf […]
Abu Dhabi’s Zakum Development Company’s (ZADCO) mandate was to develop the Upper Zakum field on behalf of ADNOC and for the benefit of the shareholders: ADNOC 60%, ExxonMobil 28% through its local subsidiary ExxonMobil Abu Dhabi Offshore Petroleum Company Ltd. (EMAD), and Japan Oil Development Company Ltd. (Jodco) holding the remaining 12%. ExxonMobil, ADNOC and Jodco will jointly provide […]
The Johan Sverdrup giant oil field is the largest oil field discovery in 2011 in the World and the fifth biggest ever in Norway. It is located 140 kM west of Stavanger and sitting by 110 M water depth and about 2000 m deep below the sea level. The Swedish Lundin and Statoil were exploring […]
Husky Energy from Canada and CNOOC from China own each of the Madura fields, BD, MDA & MBH, in the Madura Straight on East Java, Indonesia. The remaining 20% belongs to the local Samudra Energy. The Madura BD project is well in progress as decision was made last year to go for a FPSO to process […]
