EPC
What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical projects that could be cancelled […]
Mubadala and IPIC review Emirates LNG EPC tenders The Abu Dhabi Sovereign funds Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) are currently reviewing the tenders submitted by the qualified bidders for the engineering, procurement and construction (EPC) contracts to be awarded for the Emirates LNG Terminal and Regasification project on the coast […]
Oman Oil Duqm Refinery nears FEED completion Duqm Refinery and Petrochemical Industries Corporation (DRPIC), a 50/50 joint venture between the wholly state-owned Oman Oil Company SAOC (OOC or Oman Oil) and International Petroleum Investment Company (IPIC) ,a sovereign fund of Abu Dhabi, is on the way to complete the front end engineering and design (FEED) […]
Saudi Aramco to double Fadhili budget after FEED work The national oil company (NOC) Saudi Aramco is about doubling the budget allocated to its strategic gas central processing facility (CPF) project to be build on the Fadhili oil field in the Eastern Province of the Kingdom. In order to support its economical development Saudi Arabia […]
GALSI at final decision on new Algeria – Italy Pipeline As a result of the lasting Ukraine crisis, Edison from Italy and Sonatrach from Algeria resumed talks about increasing natural gas import from Algeria to Italy through the Algeria Sardinia Italy Gas (GALSI) pipeline project to be revived for the circumstances. In respect with the […]
Kuwait Key Projects and Business Highlights 2014 Despite its sixth largest proven reserves of crude oil in the world, the national oil companies (NOCs) Kuwait Petroleum Company (KPC), Kuwait Oil Company (KOC), Kuwait National Petroleum Company (KNPC) and the Petrochemicals Industries Company (PIC) have been rather quiet these last years in term of projects and capital expenditure. After […]
Kazakhstan – Turkmenistan Key Projects and Business Highlights 2014 Kazakhstan is the second largest after Russia producer of crude oil from the former Soviet Union, it also holds the second largest reserves. More than 40% of the oil and gas production is coming from the famous Tengiz and Karagchaganak. With the support of the international […]
Iraq Key projects and Business Highlights 2014 After the licenses rounds in 2009 and 2010 to award the development of the major oil and gas fields in Iraq all the winning companies such as BP, ExxonMobil, Shell, Petronas, Gazprom, Lukoil, China National Petroleum Company (CNPC or PetroChina), Sinopec,TPAO or Total spent a couple of years to […]
