downstream
Shell and Nexen to take experience from Olympus In order to develop the challenging Appomattox oil field in the US Gulf of Mexico, the Royal Dutch Shell (Shell) and its partner Nexen, a wholly owned subsidiary of the China National Offshore Oil Corporation (CNOOC), intends to take the lessons learnt from the Olympus Tension Leg […]
PTTGC – Pertamina to sign Java Complex joint venture The Thailand-based PTT Global Chemical plc (PTTGC) and the Indonesian national oil company (NOC) Pertamina are in final talks to establish a joint venture to build from greenfield a world-scale petrochemical complex in Java, Indonesia. This process is following up a heads of agreement (HOA) signed […]
EnQuest to award Kraken FPSO to Bumi Armada The Scottish joint venture made of Aberdeen-based EnQuest and First Oil plc ( First Oil) companies together with the Edinburgh-registered Cairn Energy plc (Cairn) have issued a letter of interim agreement (LOIA) to the Malaysian engineering company Bumi Armada (Bumi) for the design and construction of the […]
Oman Oil and IPIC to award Duqm Refinery FEED soon The national Oman Oil Company (Oman Oil or OOC) and the Abu Dhabi sovereign founds International Petroleum Investment Company (IPIC) are reaching the final evaluation stage of the commercial and technical bids submitted by international engineering companies to carry out the front end engineering and […]
CNPC and Total to double production with Halfaya-3 The China National Petroleum Corporation (CNPC or PetroChina) and its partners, Total from France, Petronas from Malaysia and the local South Oil Company (SOC) confirm to target the plateau production of the Halfaya oil field in the south of Iraq by 2017 as originally defined. Halfaya oil […]
Abadi LNG to be expanded on conventional scheme The Japanese company Inpex and its Anglo-Dutch partner Shell have decided to use the conventional scheme, offshore – pipeline – onshore, to implement the full field development of the Abadi LNG project offshore Indonesia. With the Abadi project, Inpex and Shell intend to develop the Masela Block located at […]
Petrobras to prepare FEED tender for first GTL FPSO After years of feasibility studies and tests, Petrobras is readying to move on the first gas-to-liquid (GTL) floating, production, storage and offloading (FPSO) vessel ever made in the world to stop flaring the associated gas released from the production of the pre-salt crude oil offshore Brazil. […]
Total to upsize Alberta Joslyn oil sand project by 50% After making the final investment decision (FID) on the Athabasca Fort Hills oil sand project in joint venture with Suncor Energy (Suncor), the French major company Total and its partners Suncor, Occidental Petroleum (Oxy) and Inpex, are considering to revise upward the capacity of its […]
