CAPEX
Maersk to develop BP 20K drilling technology concept BP selected Maersk Drilling from Denmark and the Houston-based engineering company KBR to implement the development of its 20KTM concept for a new generation of drilling rigs. February 2013, BP and Maersk Drilling (Maersk) signed an agreement to develop and provide detailed engineering on a BP‘s conceptual designs for a new generation of […]
Jizan gasification process to increase scope of work Saudi Aramco selected Shell technology for the power plant to be part of the giant Jizan Refinery project on the southeast of Saudi Arabia. Together with the refinery, the Jizan gazification project is the master piece of the development of this southern region of Saudi Arabia with the […]
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 […]
