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ENI and GDF-Suez combine FEED and EPC bids to speed up Indonesian Muara Bakau development After the successfully appraisal of the Jangkrik natural gas discovery, ENI and GDF-Suez intend to speed up the development of the Muara Bakau PSC, Kutei Basin, East Kalimantan, Indonesia. Overall, in Indonesia, ENI is very active as it holds working interests […]
WorleyParsons completed FEED for PDO Zauliyah Petroleum Development Oman (PDO) is working on a new gas plant project at Zauliyah in central Oman adjacent to PDO’s existing Zauliyah Oil Production Station. The greenfield project will process non-associated gas, water and condensates from the Hasirah and Hawqa fields in the Bahja-Rima area of PDO’s concession to boost […]
After Polish Baltic Basin ENI goes to Ukrainian Dniepr-Donetz and Lviv Basins In 2010, the Italian Major IOC Eni had acquired Minsk Energy Resources to become operator of three licences in the Polish Baltic Basin, a highly prospective shale gas play located in the north-east of Poland. In Poland ENI could deploy the expertise in shale […]
Definition Turret is the major component of a vessel or any floating production unit (FPSO, FPO) to which the risers coming from the seabed are connected. Turret name refers the rotating function of this large equipment to facilitate the rotation of the vessel according to winds, waves and dominating current while the risers remain connected to a […]
Granherne and Doris complete pre-FEED The GDF Suez Bonaparte is a $3.7 to $4.6 billion Floating LNG project to liquefied the natural gas from the Petrel, Tern and Frigate fields in the Bonaparte Basin, in the Timor Sea, 250 kilometres west of the northern Australian city of Darwin. GDF Suez Bonaparte is a joint venture created in 2009 […]
Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture, Basra Gas Company (BGC) is state-controlled […]
Definition FPSO is the acronym of Floating Production Storage and Offloading. A FPSO unit is a floating vessel used in the oil and gas industry to treat the oil and gas and condensates offshore before their transportation to the land by pipeline or shuttle vessels. Comments The FPSO is a multi-functions vessel for the processing of the oil […]
Saudi Arabia to switch on Power Generation from Gas With oil price running steadily around $100 per barrel, the use of crude oil to feed Power Generation appeared more and more as a luxurious solution. Saudi Aramco launched a vast exploration and production campaign to identify all potential gas fields to substitute oil. As a […]