capital expenditure
KMG joined KPO partners for KEP1 in Karachaganak 3 Through its national oil company (NOC) KazMunaiGas (KMG) Kazakhstan joined in 2012 the partnering companies BG Group (BG), Eni, Chevron and Lukoil in the Karachaganak Petroleum Operating BV (KPO) joint venture for the Karachaganak Expansion Project (KEP) Stage-1 of the oil and gas field development Karachaganak phase-3 in the northwest […]
Mubadala and IPIC review Emirates LNG EPC tenders The Abu Dhabi Sovereign funds Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) are currently reviewing the tenders submitted by the qualified bidders for the engineering, procurement and construction (EPC) contracts to be awarded for the Emirates LNG Terminal and Regasification project on the coast […]
CCI to build world-scale Plaquemines Parish Methanol The global trading company Castleton Commodities International (CCI) selected Louisiana in USA to build a greenfield methanol plant. CCI announcement comes after a series of similar decisions from companies such as Benteler, CF Industries, Cheniere Energy, Cornerstone Chemical, Dow Chemicals, Dyno Nobel, Nucor or Sasol which decided to go […]
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 […]
