capital expenditure
Foster Wheeler and Kentz at FEED work on Majnoon The international oil company (IOC) Royal Dutch-Shell (Shell) and its partners, the Malaysia national oil company (NOC) Petronas and the local South Oil Company (SOC or South Oil)) are making major decision to gear up from the previous start-up phase to the full field development (FFD) […]
Tullow and Africa Oil prepare Lokichar Development The independent company Tullow Oil plc (Tullow) from UK and the Vancouver-based Africa Oil Corporation (Africa Oil) have accumulated sufficient reserves over the last two years to reach the threshold to develop the Blocks 10BB and 10A of the South Lokichar Basin in the north of Kenya in […]
Indian Farmers selected Becancour Waterfront site The Indian Farmers Fertilizers Cooperative (IFFCO) and the local Coop fédérée are moving into the design phase for a world-scale nitrogen fertilizer plant to be located in the Becancour Waterfront Industrial Park of the Quebec Province in Canada. Established in 1967, IFFCO is registered in India as a multi-states co-operative society […]
Magellan Midstream to add gas condensate splitter Magellan Midstream Partners (MMP or Magellan) from Oklahoma in USA signed export agreement with the Dutch trading company Trafigura Beheer BV (Trafigura) to expand the Corpus Christi Terminal in Texas with a condensate splitter. As a midstream company, Magellan is owning and operating the longest pipeline system for the […]
UAE to lead bio-fuel technologies in the Gulf countries Petrixo Oil & Gas (Petrixo) from Dubai and a consortium made of Etihad Airways (Etihad), Abu Dhabi Oil Refining Company (Takreer) and Masdar Institute of Science and Technology from Abu Dhabi multiply initiatives in the United Arab Emirates (UAE) to take the lead of the bio-fuel technologies in […]
Turkmengas to export PE – PP from Kyyanly Complex The national oil and gas company Turkmengas State Concern (Turkmengas) is planning to invest $10 billion capital expenditure in a greenfield world-scale petrochemical complex at Kyyanly, also spelled Kiyanly, on East Coast of the Caspian Sea. Located in front Azerbaijan around the Caspian Sea and squeezed […]
Petronas sticks on all offshore multi-platforms for K5 The Malaysia national oil company (NOC) Petronas is opting for the all offshore multi-platforms concept to develop the challenging K5 natural gas field in the South China Sea offshore the Sarawak Province in Malaysia. This decision comes in the same time as the French major company Total has […]
PDO to launch Rabab follow-up in Harweel Cluster The national oil company (NOC) Petroleum Development of Oman (PDO) made the final investment decision (FID) on the Rabab Harweel Integrated Project (RHIP) in the South of Oman. Following BP‘s decision to go ahead with the giant Khazzan and Makarem tight gas project in the center of […]
