CB&I
EDF reported to join Novatek and Total in Yamal LNG EDF may join OAO Novatek (Novatek) and Total in Yamal LNG since the project has been declared of national interest by the Russian authorities for fast-track implementation. Russia is now willing to boost its oil and gas exploration and production to compensate depleting fields and […]
Shell and QP plan $6.5 billion capital expenditure for the Ras Laffan petrochemical complex In 2011, Qatar Petroleum and Shell signed a Heads of Agreement for the Development of a World-scale petrochemicals Complex in in Ras Laffan Industrial City, Qatar This agreement follows the conclusion of a joint feasibility study conducted by the partners, Qatar Petroleum and Shell. […]
Statoil, ExxonMobil and ConocoPhillips rename Luva project into Aasta Hansteen During the concept selection Statoil estimated the development capital expenditure in the Aasta Hansteen field (formerly named Luva) at some $5.6 billion (NOK 34 billion). With a total hull weight of 45,000 ton, a length of 193 meters and a draught of 170 meters, the Aasta […]
Petronas and Murphy Oil go for FEED on Sarawak fLNG In June, Petronas from Malaysia will qualify only two consortia out of the four pre-qualified groups that have responded to a Call for Tender for a 1.5 million t/y floating liquefied natural gas (fLNG) vessel. The Sarawak fLNG project is to go for exploration & […]
Mariner is the first field to be developed from the $9.6 billion capital expenditure Mariner & Bressay project located in the UK North Sea Because the offshore ultra heavy crude oil is one of the most challenging exploration & production of the Oil&Gas sector, Statoil decided to proceed step by step. Mariner will go first and Bressay will follow one […]
A year ago, Oman Oil Company (OOC) and the International Petroleum Investment Company (IPIC) – an Abdu Dhabi Government owned company – signed in Abu Dhabi a cooperation agreement on investments in oil, gas and petrochemicals. This agreement is now taking shape with the decision to move ahead with this $6 billion refinery to be […]
