capital expenditure
Oman Oil Duqm Refinery nears FEED completion Duqm Refinery and Petrochemical Industries Corporation (DRPIC), a 50/50 joint venture between the wholly state-owned Oman Oil Company SAOC (OOC or Oman Oil) and International Petroleum Investment Company (IPIC) ,a sovereign fund of Abu Dhabi, is on the way to complete the front end engineering and design (FEED) […]
REI Cook Inlet project to feed Japan LNG Terminals The Japanese Alaska-based Resources Energy Inc. (REI), in joint venture with the Alaska Industrial Development and Export Authority (AIDEA), is planning series of projects to export Alaska liquefied natural gas (LNG) from the Cook Inlet Basin to Japan LNG import terminals. Leading to the City of Anchorage […]
Kinder Morgan UTOPIA to export Utica NGL to Ontario The North America midstream leader Kinder Morgan Inc. (Kinder Morgan) is preparing, through its subsidiary Kinder Morgan Energy Partners L.P., the construction of the Utica to Ontario Pipeline Access (UTOPIA) pipeline to export refined or fractionated natural gas liquids (NGL) from the Utica shale gas basin […]
Aramco Manifa Expansion to maintain KSA production The state-owned Saudi Aramco company is already considering the Manifa Expansion project as part of the Kingdom of Saudi Arabia (KSA) strategy to maintain its full production capacity of crude oil in respect with the Organization of the Petroleum Exporting Countries (OPEC) quotas. With a production capacity of […]
ONGC to add platforms offshore Daman in Arabian Sea The Indian national oil company (NOC) Oil and Natural Gas Corporation (ONGC) is planning to add platforms on its Tapsi Daman Block to boost the gas and condensate production from the Arabia Sea on the West coast of India. India is the fourth largest energy consumer […]
OCI Beaumont received permit for Nederland expansion Orascom Construction Industries Beaumont LLC (OCI Beaumont) received the final green house gas Prevention of Significant Deterioration construction permit from the US environmental Protection Agency (EPA) for the expansion of its methanol and ammonia plants located in Nederland, Texas, USA. Formally known as Pandora Methanol LLC, OCI Beaumont took […]
Husky to qualify Madura MDA-MBH FPU bidders Calgary-based Husky Energy (Husky) and its partners, the state-owned China National Offshore Oil Corporation (CNOOC) and the independent Singapore-registered Samudra Energy (Samudra) are proceeding to the qualification of the engineering companies and shipyard to be invited to bid (ITB) for the construction of the floating production unit (FPU) […]
Oman Key project and Business Highlights 2014 Although the Sultanate of Oman points only on the seventh position by crude oil proven reserves amongst the Middle-East country it attracts more and more international companies such as BP, PTTEP, Shell or Total to support the national companies Petroleum Development of Oman (PDO), Oman Oil Company (OOC) […]
