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PetroVietnam signed to buy Chevron stakes in Block-B The Vietnam national oil company (NOC) PetroVietnam Exploration Production Corporation (PetroVietnam) has taken over the working interests owned by the California-based international oil company (IOC) Chevron in the Block-B and the Block 48/95 gas field offshore Vietnam. Until now, Chevron was the main owner and operator of the […]

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Timor Gap tendered Sunrise onshore LNG pre-FEED The Timor-Leste national oil company (NOC) Timor Gap tendered the pre-front end engineering and design (pre-FEED) for a conventional onshore liquefied natural gas (LNG) plant in alternative to the floating liquefied natural gas (FLNG) solution preferred by the Australian company Woodside Energy (Woodside), and its partners, ConocoPhillips from […]

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Total to focus on Caspian Sea Absheron gas field The French major Total and its partners, the State Oil Company of Azerbaijan Republic (SOCAR) and the other French oil and gas company GDF-Suez, are finalizing the conceptual design to develop the Absheron offshore gas field in the Azerbaijan Caspian Sea. This decision on the design to […]

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BFCL plans world-scale methanol and fertilizer plants The Lagos-based Brass Fertilizer Company Limited (BFCL or Brass Fertilizer) is planning to build world-scale gas treatment plant supported by methanol and nitrogen fertilizer facilities on the Brass Island in the State of Bayelsa in Nigeria. With the natural gas prices depressed as a consequence of the US […]

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Banagas considers Sitra Third Train Expansion project While Tatweer Petroleum (Tatweer) is increasing its oil and gas production from the Bahrain Field, Bahrain National Gas Company (Banagas) is considering the expansion of its Sitra gas processing facilities with the addition of a third train. Covering 80 percent of Bahrain main island, the Bahrain field was discovered […]

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Petronas sticks on all offshore multi-platforms for K5 The Malaysia national oil company (NOC) Petronas is opting for the all offshore multi-platforms concept to develop the challenging K5 natural gas field in the South China Sea offshore the Sarawak Province in Malaysia. This decision comes in the same time as the French major company Total has […]

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Saipem won FEED for Basra Gas LNG Export Terminal  Basra Gas Company (BGC), the joint venture between the local South Gas Company (South Gas), Royal Dutch Shell (Shell) from The Netherlands and Mitsubishi Corporation (Mitsubishi) from Japan, awarded the front end engineering and design (FEED) contract to the Italian engineering company, Saipem for the construction […]

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Gendalo-Gehem bidders to include Indonesia partners The US major company Chevron and the Italian national oil company (NOC) Eni are reviewing the qualification of the contractors in competition for the floating production and offloading (FPO) vessels required for the development of the Gendalo and Gehem liquids-rich gas fields in the Makassar Strait offshore the East […]

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