CAPEX
Technip and Samsung Heavy Industries won Topsides In selecting the consortium made of Technip and Samsung Heavy Industries (SHI) for the topsides of its Martin Linge project in Norway, the french international oil company, Total, awarded the main package of this $4.2 billion project. Lying by 120 meter water depth on the Norwegian Continental Shelf (NCS), the Martin Linge […]
UAE Key Projects and Business Highlights In the United Arab Emirates, 2012 is some kind of a transition year with the development of midstream projects in Fujairah and the bid preparation of large projects upstream and downstream. With the completion of Habshan – Fujairah export pipeline, Abu Dhabi Company for Onshore Oil Operations (Adco) will […]
Saudi Arabia Key Projects and Business Highlights More than any other country, Saudi Arabia initiated in 2012 one of the most versatile program of investment for projects of the oil and gas and petrochemicals industry from offshore upstream to high performances chemicals. Following the discoveries in the Egyptian side of the Red Sea, Saudi Aramco […]
Russia Key Projects and Business Highlights In 2012, the newly elected President Putin managed to re-shape its oil and gas and petrochemical industry with number of strategic decisions to ensure that Russia will remain the largest producer of oil and gas in the coming years. President Putin based its economic program for the next five years […]
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Norway Key Projects and Business Highlights In 2012, Norway started to collect the first benefits of its exploration in the untapped oil and gas fields of the Norwegian Continental Shelf (NCS). With the Geitungen discovery, the Johan Sverdrup is taking a new dimension motivating Statoil and its partners Maersk, Petoro, Det Norske Oljeselskap (DNO) and Lundin […]
Mozambique Key Projects and Business Highlights In 2012 Mozambique has emerged as a new star in the oil and gas universe with series of major discoveries in the Rovuma Basin, offshore the west coast of Africa. Every month, companies like Anadarko, Eni, Total, Mitsui E&P were announcing successful test wells of natural gas. All the […]
Iraq Key Projects and Business Highligfhts In 2012, Iraq has been the theater of strategic step changes for most of the companies depending on their profile as international oil companies, national oil companies, small and mid-cap oil companies. The national oil companies, such as Gazprom, Lukoil, PetroChina, Petronas, were moving into the active development of […]
