Insights

Technip completed Pechora LNG feasibility study February 21st 2013, Alltech Group (Alltech) and Pechora LNG LLC (Pechora) meet in Moscow, Russia, with RF Deputy Regional Development Minister Sergey Vakhrukov and the Governor of Nenets Autonomous District Igor Fyendorov to move the project of liquefied natural gas (LNG) plant, Pechora LNG, into the top priority list […]

Mzia successful appraisal to justify BG two LNG trains The BG Group (BG) and its partner Ophir Energy (Ophir), both from UK, are pilling up natural gas reserves along their on going appraisal campaign offshore the east coast of Africa to the point to double the size of their liquefied natural gas (LNG) project in […]

BASF awards Fluor Ludwigshafen TDI EPCM contract On February 19th 2013, the Germany-based BASF chemical company selected the Fluor from the USA to provide engineering, procurement and construction management (EPCM) services for the new toluene diisocyanate (TDI) production in the Ludwigshafen chemical complex. Ludwigshafen is already one of the largest chemical complex in the world […]

Daewoo and Aker Solutions to share Topsides contract Statoil and its partners Total and Det norske selected a combination of Daewoo Shipbuilding and Marine Engineering (DSME) from South Korea with the local engineering company Aker Solutions to design and build the topsides of the Dagny offshore platform project in Norway. Discovered in 1974 within the […]

OOC and Takamul to build world-scale storage terminal On January 2013, Oman Oil Company (OOC) and Takamul Investment Company (Takamul), both companies from the Sultanate of Oman, established a joint venture to build one of the world largest oil storage terminal at Raz Markaz in Oman. Called Oman Tank Terminal Company LLC (OTTCO), this new […]

Adma-Opco to select contrators for key packages On the last weeks Abu Dhabi Marine Operating Company (Adma-Opco) published the results of the commercial bids submitted by the engineering companies for the engineering, procurement and construction (EPC) contracts of the main packages related to the giant Umm al-Lulu and Satah Al-Razboot (Sarb) projects. Acting as Abu […]

Oxy to join Chevron, Dow, Exxon and Shell US projects On December 2012, Occidental Chemical Corporation (OxyChem) submitted a permit application to the US Environmental Protection Agency (EPA) for the construction of a new ethylene cracker at Ingleside in Texas, USA. Based in  Los Angeles in California, USA, Occidental Petroleum Corporation (Oxy) is the largest […]

Petronas to award Angsi CEOR vessel EPC contracts The Malaysian national oil company Petronas is preparing the call for tender of the topsides and vessel conversion package for the Angsi chemical enhanced oil recovery (CEOR) vessel planned to be used to boost Angsi oil and gas production by an incremental 20%. This Angsi CEOR vessel will […]

Statoil aims at major interests in giant Umid gas field  In January 2013, the Norwegian Foreign Minister Espen Barth Eide supported by Statoil International development and production chief Lars Christian Bacher paid a state visit to Azerbaijan President Ilham Aliyev to promote the Norway national oil company to increase the partnership with the State Oil […]

Block 61 among world largest tight gas development In January 2013, BP received the technical and commercial offers from the engineering companies bidding on the key packages of its Block 61 tight gas full field development phase-1 project in the Sultanate of Oman. Last September, BP had announced to scale up its capital expenditure from $15 billion […]