Business model
Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal as part of the Vaca […]
Texas LNG to develop new LNG toll business model The Houston-based Texas LNG LLC (Texas LNG) is planning to replicate a mid-sized of the Norwegian Statoil Snohvit LNG concept to introduce in the US market a new business model to export liquefied natural gas (LNG) at low costs. In 2007, Statoil and its partners started the […]
Enterprise and Oiltanking signed 50 years Agreement The US-based midstream companies Enterprise Products Partners LP (Enterprise) and Oiltanking Partners partners LP (Oiltanking) entered in a 50 years agreement to support the additional expansion of the existing liquefied petroleum gas (LPG) terminal sited along the Houston Ship Channel in Texas, USA. By this agreement, Oiltanking will […]
Total to award MLJS Expansion EPC packages The French Major company Total and its partners, Shell from The Netherlands and the local Petroleum Brunei (PB) are on the point to award the engineering, procurement and construction (EPC) contracts for the development of the Maharaja Lela Jamalulalam South (MLJS) project offshore Brunei. Lying in the Block […]
Aramco to begin with Ahmar-1 gas field development In 2012 Saudi Aramco discovered the Ahmar-1 field of non-associated gas in the deep water of the Red Sea approximately 24 kilometers northwest of Duba in the Tabuk Province on the west coast of Saudi Arabia. In following Saudi Aramco announced $25 billion capital expenditure in exploration production […]
Eni Nene Marine project to follow ongoing Litchendjili Last December Eni CEO Paulo Scaroni hosted a meeting in Roma with the President of Republic of Congo (Congo Brazzaville) to review the major discoveries made by the Italian company that could boost the economical and social development of the African country. In that respect the on […]
Semi-sub Chevron Buckskin project at pre-FEED stage The US super major Chevron and its partners, Maersk Oil (Maersk) from Denmark, Repsol from Spain and Samson Offshore Company (Samson) from USA, may consider to move a step ahead with the development of the oil and gas field Buckskin in the US part of the Gulf of […]
China Coal to build world largest CTO complex Sinopec Engineering Group (SEG or Sinopec Engineering) has been awarded by Zhong Tian He Chuang Energy Corporation Limited (Zhong Tian He Chuang) the engineering, procurement and construction (EPC) contract to design and build the world largest Coal-To-Olefins (CTO) plant at Uxin Banner near Ordos, Inner Mongolia. Established […]
