deep water
BP considers to invest $1 billion in Duqm Acetic Acid The UK-based international oil company BP is considering to build a greenfield acetic acid plant at Duqm in the south of Oman using newly developed SaaBre technology. For years BP is well known to have concentrated its capital expenditure and technical expertise on the upstream sector […]
ONGC to award pre-FEED on KG-DWN-98/2 deepwater The India state-owned company Oil and Natural Gas Corporation (ONGC) is on the way to award the contract to perform the pre-front end engineering and design (pre-FEED) work for the development of the KG-DWN-98/2 project in the deep water of the Krishna Gadavari (KG) Basin offshore the Andhra […]
Aramco to begin with Ahmar-1 gas field development In 2012 Saudi Aramco discovered the Ahmar-1 field of non-associated gas in the deep water of the Red Sea approximately 24 kilometers northwest of Duba in the Tabuk Province on the west coast of Saudi Arabia. In following Saudi Aramco announced $25 billion capital expenditure in exploration production […]
Eni to replicate West Hub FPSO for East Hub FPSO The Italian major company Eni and its partners SSI Fifteen Ltd (SSI Fifteen), Sonangol, Total, Falcon Oil Holding Angola SA (Falcon) and Statoil made two significant discoveries in the deep water of the Block 15/06 offshore Angola that should boost the deployment of the floating […]
Angola Key Projects and Business Highlights After a first wave of exploration and production of conventional oil and gas offshore fields, the major companies such as BP, Chevron, Cobalt International Energy Company Inc. (Cobalt),Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina (CNPC), Statoil and Total come back to Angola with major projects to replicate the lessons learnt from the Brazilian […]
Stampede TLP to unitize Pony and Knotty discoveries Hess Corporation (Hess) and its partners, BHP Billiton (BHP) from Australia, Chevron from USA, China National Offshore Oil Corporation (CNOOC) from China through its Canadian acquisition Nexens, and Statoil from Norway, have selected the Japanese engineering company Modec to provide the Stampede project with a tension leg […]
Mzia successful appraisal to justify BG two LNG trains The BG Group (BG) and its partner Ophir Energy (Ophir), both from UK, are pilling up natural gas reserves along their on going appraisal campaign offshore the east coast of Africa to the point to double the size of their liquefied natural gas (LNG) project in […]
Keppel Subic to build Malampaya compression platform On December 7th 2012, Shell Philippines Exploration B.V. (Shell), Chevron Malampaya LLC (Chevron), Philippines National Oil Company Exploration Corporation (PNOC) will celebrate the kick off of the Malampaya Phase 3 project with a “Strike steel” ceremony in the Keppel Subic Shipyard in Zampales, Philippines. This Malampaya Phase 3 project […]
