Business model
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 […]
Shah Deniz Stage-2 to go for Full Field Development The London-based BP and its partners, Statoil from Norway, the State Oil Company of Azerbaijan (SOCAR), Total from France, Lukoil from Russia, the National Iran Oil Company (NIOC), and Türkiye Petrolleri Anonim Ortaklığı (TPAO) from Turkey, have made the final investment decision (FID) for the Shah Deniz […]
Shale gas and shale oil change US import-export map In 2012, the development of the shale gas propelled USA as the world largest gas producer, ahead of Russia. In 2013, the US administration started to open the door for the export of liquefied natural gas (LNG) to countries not having free trade agreement (FTA) with USA, […]
