Insights

CNOOC to tender one FEED for two TLPs in Liuhua The national oil company (NOC) China National Offshore Oil Corporation (CNOOC) made its mind up regarding the conceptual design to be used for the development of the offshore oil and gas fields Liuhua 11-1 and Liuhua 16-2 in favor two tension legs platforms (TLPs) to […]

Kazakhstan to monetize associated gas with GTL plant Chaired by ex BP CEO, Tony Hayward, the innovative company CompactGTL Limited (CompactGTL) signed a memorandum of co-operation with the Ministry of Oil and Gas in Kazakhstan to build in this country the first small-scale gas-to-liquid (GTL) facility in the world. With this project Kazakhstan is willing […]

XER to combine Teekay-Sevan FSO with Arup Platform The Aberdeen-based Xcite Energy Resources Limited (Xcite or XER) company selected the conceptual design to develop its heavy crude oil field, Bentley offshore the Shetland Islands in the UK North Sea in combining a Teekay Sevan-type floating storage and offloading (FSO) vessel together with Arup ACE steel […]

Sabic and Shell start Sadaf Polyurethane FEED work The international oil company (IOC) Royal Dutch Shell (Shell) and the global petrochemical group Saudi Basic Industries Corporation (Sabic) have agreed to expand their joint venture Saudi Petrochemical Company (Sadaf) with the addition of world-scale polyolefins production units on their existing site in the Al-Jubail Industrial Zone […]

South Oil evaluates offers for CSSP FEED contract The state-owned South Oil Company (SOC) is currently evaluating the offers for the giant Common Seawater Supply Project (CSSP) to be built in the south of Iraq to provide all the water required by the exploration and production of the oil and gas fields in the Basra […]

Petronas plans Malaysia Block SK 316 second platform The Malaysia national oil company (NOC) Petronas is qualifying the engineering companies and contractors to be invited to bid (ITB) for a second platform to be installed on the Block SK 316 to develop the Kasawari gas field offshore the Sarawak Province in Malaysia. Since 2011, Petronas accumulated […]

Petronas RAPID to go ahead as part of Malaysia PIPC In making the final investment decision (FID) on the Pengerang Integrated Petroleum Complex (PIPC), the Malaysia national oil company (NOC) Petronas is triggering the execution phase of the Refinery And Petrochemical Integrated Development (RAPID) project in the south Johor next to Singapore. With RAPID as […]

Veresen ready to start Jordan Cove LNG construction The Canadian midstream company Veresen Inc. (Veresen) took a leap in receiving from the US Department of Energy (DOE) the precious approval for exporting to the non-free trade agreement (non-FTA) countries liquefied natural gas (LNG) from its Jordan Cove LNG Export Terminal  project in Oregon, on the West […]

Foster Wheeler and Kentz at FEED work on Majnoon The international oil company (IOC) Royal Dutch-Shell (Shell) and its partners, the Malaysia national oil company (NOC) Petronas and the local South Oil Company (SOC or South Oil)) are making major decision to gear up from the previous start-up phase to the full field development (FFD) […]

Tullow and Africa Oil prepare Lokichar Development The independent company Tullow Oil plc (Tullow) from UK and the Vancouver-based Africa Oil Corporation (Africa Oil) have accumulated sufficient reserves over the last two years to reach the threshold to develop the Blocks 10BB and 10A of the South Lokichar Basin in the north of Kenya in […]