consortium
UAE to lead bio-fuel technologies in the Gulf countries Petrixo Oil & Gas (Petrixo) from Dubai and a consortium made of Etihad Airways (Etihad), Abu Dhabi Oil Refining Company (Takreer) and Masdar Institute of Science and Technology from Abu Dhabi multiply initiatives in the United Arab Emirates (UAE) to take the lead of the bio-fuel technologies in […]
Maire Tecnimont achieves FEED work on Al-Sejeel After awarding Al-Sejeel front end engineering and design (FEED) work to Maire Tecnimont, the national companies Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) are aligning the engineering companies willing to bid for the engineering, procurement and construction (EPC) contract for the Al-Sejeel petrochemical project in Ras Laffan […]
CNOOC to award Liuhua 11-1 TLP FEED contract The state-owned company China National Oil Offshore Corporation (CNOOC) is finalizing the conceptual design for the expansion of the Liuhua 11-1 offshore oil and gas field within the South China Sea. Immediately after hammering the decision of the concepts to be developed, CNOOC will award the corresponding front […]
Emirates LNG to replace FSRU by land-based terminal The Abu Dhabi-based companies Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) have decided to stop the just starting first phase of the Emirates LNG project in Fujairah, United Arab Emirates (UAE), to rethink the whole concept of this liquefied natural gas (LNG) import and […]
Eni to consider FLNG to speed up Mozambique LNG The Italian major company Eni and its partners, China National Petroleum Corporation (CNPC or PetroChina), the local Emprecia Nacional de Hidrocarbonetos (ENH), Kogas from South Korea and Galp Energia from Portugal, are considering to use floating liquefied natural gas (FLNG) vessel to speed up the development […]
Nigeria to restore refining capacities with private loans On September 4th 2013, the Nigeria private Dangote Group (Dangote) sealed a financial agreement with 12 banks for a $3.3 billion loan to build a greenfield refinery and petrochemical complex in Olokola in the south of Nigeria. With $8 billion capital expenditure, this $3.3 billion loan will […]
Russia Key Projects and Business Highlights In acquiring TNK from BP, Rosneft became this first half 2013 the world largest oil & gas and petrochemical company, ahead of ExxonMobil or China National Petroleum Corporation (CNPC or PetroChina) in term of revenues, thus sending the signal that Russia intends to stay clearly in the lead of […]
Azerbaijan Key Projects and Business Highlights With giant projects such as Azeri-Chirag-Guneshli (ACG), the Baku-Tbilisi-Ceyhan (BTC) pipeline, and the Shah Deniz Phase-2, Azerbaijan has joined the largest producing countries of natural gas. The reserves of the Caspian Sea offshore Azerbaijan have attracted all the major companies BP, Inpex, Chevron, Itochu, Hess, Statoil , Total or Turkish Petroleum among others. […]
