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Saudi Aramco to award Clean Fuel project at year end In April 2011, Saudi Aramco had selected Foster Wheeler and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON) for the Front End Engineering and Design (FEED) of the Riyadh Refinery Clean Transportation Fuel project. In parallel of the FEED contract, Foster Wheeler and SOFCON had been awarded the Project […]
Jizan refinery EPC bids deadline closed on Sept 15th Saudi Aramco is willing to proceed now without further delay with the $7 billion Jazan refinery project. Also called Jizan, the Jazan refinery is the master piece of Saudi Arabia Jazan scheme. To develop the economy and wealth in southern Saudi Arabia, close to the Yemen border, […]
ConocoPhillips to merge Offshore experience and Cascade LNG know-how into its first Floating LNG In 1969 the ConocoPhillips Company (ConocoPhillips) pioneered liquefaction of natural gas (LNG) with its first LNG facility in Kenai LNG, Alaska, USA. Then ConocoPhillips optimized its process with a series of world-scale onshore LNG projects, Atlantic LNG, Egyptian LNG, Darwin LNG, Equatorial LNG and Angola […]
BP hits gas in Egypt Nile Delta Block North El Burg BP and International Egyptian Oil Company (IEOC), the local operating company of the Eni Egypt, confirmed two news gas discoveries, Taurt North and Seth South, in its offshore concession of the North El Burg, in the Nile Delta, Egypt. These findings follow 50 years of […]
ORPIC evaluates bids on Sohar Refinery Expansion In April the Oman Oil Refineries & Petroleum Industries Company (ORPIC) had qualified eight engineering companies to receive the Call for Tender of engineering, procurement and construction (EPC) contract for the Sohar Refinery Expansion project. ORPIC is a national oil company (NOC), wholly owned owned by the Oman […]
PDO Saih Rawl, PDO Zauliyah and BP Khazzam and Makarem lead Oman natural gas development Last August, the national oil company (NOC) Petroleum Development Oman LLC (PDO) awarded the Saih Rawl Depletion Compression Phase 2 (SRDC2) project to Larsen & Toubro from India to provide with the engineering, procurement and construction (EPC) contract. Earlier this month, […]
BP to develop Khazzan and Makarem in phase 1 BP revised significantly upward its capital expenditure in Oman Full Field Development project from $15 billion to $24 billion. Discovered in the 1990s, the huge reserves of natural gas in Center Oman have been left undeveloped because of the complexity and the potential costs related to […]
BASF FINA Petrochemicals LP and Sabina Petrochemicals to merge into one joint venture The global chemical leader BASF SE, from Germany, and the international oil company Total SA, from France, have decided to merge the assets of the two joint ventures they have in Port Arthur, Texas, USA, to create a new joint venture called […]