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WorleyParsons to provide project management services November 2012, OAO Lukoil (Lukoil) selected the Australian engineering company WorleyParsons to provide project management services (PMS) on the next three years for the West Qurna-2 oil field development project in southern Iraq. Discovered in 1973, the West Qurna-2 oilfield is the second largest undeveloped field in the world. […]

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Abu Dhabi Mubadala plans 3 FSOs for Gulf of Thailand The Abu Dhabi-based Mubadala Petroleum (Mubadala) is planning further expansion in the Gulf of Thailand after its first success with Jasmine B5/27 offshore block. In July 2012, Mubadala, through its affiliate Pearl Oil, and its partners, Tap Energy Pty and Northern Gulf Petroleum Pte Ltd, […]

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Definition LPG is the acronym of Liquefied Petroleum Gases. LPG are the light hydrocarbons fraction of the paraffin series, derived from refinery processes, crude oil stabilisation plants and natural gas processing plants comprising propane, butane and butylenes or a combination of them. LPG may be also called liquefied refinery gases. LPG have no natural odor Comments As light […]

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Lukoil awarded $1West Qurna Phase 2 to Samsung Engineering  Samsung Engineering officially signed a contract, worth approximately $1 billion, with LUKOIL Mid-East Ltd. (Lukoil) for the development of the West Qurna Phase 2 Contract Area and thereafter to  provide assistance to LUKOIL with its carrying out of the commissioning and start up. This engineering contract covers: –Project Management […]

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