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Premier and Rockhopper to switch from TLP to FPSO The UK-based junior companies Premier Oil plc (Premier Oil) and Rockhopper Exploration plc (Rockhopper) are changing their strategy to develop the Sea Lion oil and gas project located offshore the Falklands Islands in the contested zone of the South Atlantic Ocean. Discovered in 1998, the Sea […]

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YPFB completed Tarija Ethylene – Polyethylene FEED The wholly state-owned oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is making good progress on its largest petrochemical complex after completing the front end engineering and design (FEED) work for the ethylene and polyethylene units to be built in the Gran Chaco Province within the southern Bolivia Department of […]

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Ineos to feed Grangemouth with Scotland shale gas Introducing itself as “THE WORD FOR CHEMICALS”, the Swiss-based company Ineos is maneuvering a strategic breakthrough in planning $1 billion capital expenditure in UK shale gas to feed its petrochemical complex in Grangemouth, Scotland. Acquired from BP willing to focus on upstream activities, the Ineos Grangemouth refining and petrochemical complex occupies […]

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Total Qatar Al Khalij Phase-4 to optimize oil production The French major Total SA (Total) and its local partner the national oil company (NOC) Qatar Petroleum (QP) are working on the Al Khalij Phase-4 project in considering the optimization along the next decades of the Al Khalij oil field exploration and production offshore Qatar in […]

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PetroVietnam to boost Long Son Refinery project The national oil company (NOC) Vietnam Oil and Gas Group (PetroVietnam) has bought stake from its sister State-owned company Vietnam National Chemical Group (Vinachem) in order to boost the development of the Long Son Refinery project in the Vung Tau Province of southern Vietnam in partnership with the […]

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Total to develop West Shetland Tormore Oil Rim project The French international oil company (IOC) Total SA (Total) and its partner DONG Energy A/S (DONG) from Denmark are considering to develop the crude oil field discovered in rim of the Laggan-Tormore gas fields offshore West Shetland in the UK North Sea. Through its Laggan-Tormore gas field […]

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Takamul to call for tender Sohar PTA and PET projects The joint venture Oman International Petrochemical Industry Company (OIPIC) between the State-owned companies Takamul Investment Company (Takamul), Oman Oil Company (OOC) and the South Korean LG Corporation (LG) is preparing the call for tender to invite engineering companies to bid for the engineering, procurement and […]

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Gazprom to upgrade NIS Pancevo refinery The Russian giant JSC Gazprom Neft (Gazprom) is planning to upgrade the Naftna Industria Srbije (NIS) refinery located in Pancevo on the east of Belgrade, Serbia. The NIS refinery results from a joint venture between Gazprom, the Republic of Serbia (Serbia) and minority stakeholders share the working interests such […]

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