ENI
Skrugard and Havis confirm Barents Sea potential Statoil and its partners ENI from Italy and Petoro AS (Petoro), the Norway State-owned company, discovered in Skrugard and Havis reserves going far beyond their expectations. Under the license PL 532, Statoil and its partner share working interests in Skrugard and Havis as following: – Statoil 50% and […]
Statoil awards on time Mariner and Bressay FEEDs Statoil awards Front End Engineering and Design (FEED) contracts to develop the $9.6 billion capital expenditure Mariner and Bressay according to plan. Mariner and Bressay are very similar projects to produce ultra heavy crude oil, offshore on the North Sea shallow water of the UK Continental Shelf (UKCS) but with different working interests. In Mariner: – Statoil owns 61.5% […]
Tempa Rossa to lead oil and gas developments in Italy Total and Shell have made the final investment decision (FID) on the Tempa Rossa oil and gas field development project. Discovered in 1989, Tempa Rossa is located in the southern Apennines, at an altitude of 1,000 meters, on the unitized Gorgoglione concession, in the Basilicate region, […]
Technip and WorleyParsons completed the FEED Chevron had awarded the front end engineering and design (FEED) for the development of Gengalo – Gehem project to: – Technip Jakarta office in Indonesia and Houston office in Texas, USA, for the two large Floating Production Units (FPU) package – Worley Parsons Indonesia for the Subsea and Flowline system package. From these FEED performed by Technip and WorleyParsons, the packages are estimated […]
Vostochnaya Neftechemicheskaya moves on Nakhodka petrochemical complex project ZAO Vostochnaya Neftechemicheskaya (VNHK) is fully owned OJSC NK ROSNEFT (Rosneft) company created in 2011 to develop a petrochemical complex in Primorsky region, near Pervostroiteley settlement of Nakhodkinsky urban district. Nakhodka is located in the Vladivostok region, in the East of the Russian Federation. Rosneft’s VNHK is planning […]
Sibur kicks off Russian largest petrochemical complex If Russia is among the biggest producer and exporter of oil and gas, Russia is also a net importer of petrochemical products. In the same way as Russia has multiplied strategic alliances with western companies, such as ExxonMobil, Statoil, ENI, Total to boost its upstream sector, Russia is also […]
Shell to become the biggest investor in Qatar Through giant projects like Qatargas LNG 4 and Pearl GTL, Shell has become a key player in Qatar. These projects requested more than $ 26 billion capital expenditure on the top of which Shell is planning additional $ 6 billion for a greenfield Ras Laffan olefin complex in joint […]
Definition QIA is the acronym of Qatar Investment Authority Comments Headquartered in Doha, Qatar, the Qatar Investment Authority represents the Qatar Sovereign Wealth Fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country’s economy by diversifying into new asset classes. The QIA is structured to operate at the very highest […]
