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South Asia Gas Enterprise at work on 1,300 km MEIDP The Indian joint venture South Asia Gas Enterprise Pvt Ltd (SAGE) is now preparing the front end engineering and design (FEED) for its deepwater transnational gas pipeline called Middle-East to India Deepwater Pipeline (MEIDP) to import gas from Iran and Oman into India. Despite its own […]
Sasol Louisiana complex triples US chemical production The South Africa-based refining and petrochemical company Sasol Limited (Sasol) made the final investment decision for the construction of its world-scale ethane cracker and derivatives complex as the expansion of its existing facilities in Lakes Charles, Louisiana, in USA. On very early days, Sasol realized the opportunity of the […]
Gladstone LNG and Tri-Star signed gas supply deal The Australia-Fisherman registered company Liquefied Natural Gas Ltd (LNG Ltd) signed through its wholly-owned subsidiary Gladstone LNG a non-binding memorandum of intent (MOI) with the Texas-based Tri-Star Petroleum Company (Tri-Star) for the gas supply to feed its Fisherman Landing Liquefied Natural Gas (FLLNG) project near Gladstone in […]
What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical projects that could be cancelled […]
Badlands NGL and Vinmar to monetize US shale gas The Delaware-registered company Badlands NGL’s LLC (Badlands NGL) and Vinmar Projects (Vinmar) from Houston, Texas, signed a memorandum of understanding (MOU) to design, build, operate a world-scale polyethylene greenfield plant and merchant its production out of North Dakota shale gas basins of the Bakken Formation in […]
KMG joined KPO partners for KEP1 in Karachaganak 3 Through its national oil company (NOC) KazMunaiGas (KMG) Kazakhstan joined in 2012 the partnering companies BG Group (BG), Eni, Chevron and Lukoil in the Karachaganak Petroleum Operating BV (KPO) joint venture for the Karachaganak Expansion Project (KEP) Stage-1 of the oil and gas field development Karachaganak phase-3 in the northwest […]
Mubadala and IPIC review Emirates LNG EPC tenders The Abu Dhabi Sovereign funds Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) are currently reviewing the tenders submitted by the qualified bidders for the engineering, procurement and construction (EPC) contracts to be awarded for the Emirates LNG Terminal and Regasification project on the coast […]
CCI to build world-scale Plaquemines Parish Methanol The global trading company Castleton Commodities International (CCI) selected Louisiana in USA to build a greenfield methanol plant. CCI announcement comes after a series of similar decisions from companies such as Benteler, CF Industries, Cheniere Energy, Cornerstone Chemical, Dow Chemicals, Dyno Nobel, Nucor or Sasol which decided to go […]
CFE tenders gas pipelines from Waha-USA to Mexico The state-owned Comision Federal de Electricidad (CFE) is tendering series of pipelines and power plants to import shale gas from the Waha hub in Texas, USA, to Mexico in order to meet the growing demand of the local market and to supply electrical utilities. The new Constitution […]
Oman Oil Duqm Refinery nears FEED completion Duqm Refinery and Petrochemical Industries Corporation (DRPIC), a 50/50 joint venture between the wholly state-owned Oman Oil Company SAOC (OOC or Oman Oil) and International Petroleum Investment Company (IPIC) ,a sovereign fund of Abu Dhabi, is on the way to complete the front end engineering and design (FEED) […]