CO2 emissions

Canada back on track with major oil sands projects in Alberta

Shell makes final decision for Carmon Creek Project After the joint venture Suncor-Total which decided to proceed with their multibillion Fort Hills oil sands mining project in Athabasca region, Shell is making the final investment decision (FID) with its Carmon Creek oil sands project in Alberta. The two mega projects, by their size and new …

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Qatar Petroleum Ras Laffan Refinery phase 2 at last round negotiations

Technip completed FEED for Ras Laffan Refinery Expansion project Since Technip completed the  front end engineering and design (FEED) contract the Ras Laffan Refinery Expansion project is moving into its final bidding phase for the engineering, procurement and construction (EPC) contract with only four companies still in the competition such as selected by Qatar Petroleum (QP) and its partners, ExxonMobil, Total, Cosmo Oil …

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Statoil and SOCAR to increase cooperation in Azerbaijan

Statoil aims at major interests in giant Umid gas field  In January 2013, the Norwegian Foreign Minister Espen Barth Eide supported by Statoil International development and production chief Lars Christian Bacher paid a state visit to Azerbaijan President Ilham Aliyev to promote the Norway national oil company to increase the partnership with the State Oil …

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Gazprom opens North Pole sea route with first LNG carrier

Gazprom first LNG shipment from Norway to Japan Gazprom prepared and implemented successfully the first shipment of liquefied natural gas (LNG) through the freezing Northern Sea Route (NSR) around the North Pole from Norway to Japan. Leaving the Port of Hammersfet in Norway on November 9th, the Ob River LNG carrier reached the Port of Tobata …

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Lanxess to build the world largest EPDM plant in Changzhou

Foster Wheeler awarded EPC management contract On September 2012, the chemical company Lanxess AG (Lanxess) decided to build the  world largest ethylene propylene diene monomer (EPDM) plant at Changzhou, in the Jiangsu Province, China. Actually based in Leverkusen, Germany, Lanxess was established in 2005 as a separate company with a new brand from the spin off of …

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Veresen in brief

Strength-Stability-Growth Headquartered in Calgary, Alberta, Veresen Inc. (Veresen) is the former energy infrastructure company Fort Chicago Energy Partners L.P company, established in 1997. Listed in Toronto, Ontario, Canada, Veresen changed named from Fort Chicago Energy Partners L.P. in January 2009. As energy infrastructure company, Veresen is running three businesses:  – Pipelines  – Midstream  – Power  The pipelines …

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Socar and Turcas work on financing $5 billion Aegean Refinery

STAR Refining plans one of largest projects in Turkey Through the joint venture STAR Refining Inc. established in January 2012, the State Oil Company of Azerbaijan Republic (Socar) and Turcas Petroleum AS (Turcas) are developing the $5 billion Aegean Refinery project on the western coast of Turkey on the Aegean Sea. The Socar Turcas Aegean …

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Conceptual Study

Definition Conceptual Study stands in the oil and gas and petrochemical industry at the very early stage of a greenfield project to identify all the possibilities and conditions to develop this project. Comments During the conceptual study, the engineers will: – Investigate the multiple technologies to be used – Evaluate the costs of each solution, especially …

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