EPC
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 […]
KOC to drill 900 wells in Lower Fars heavy crude oil The wholly state-owned Kuwait Oil Company (KOC) is planning to drill more than 900 wells to develop the heavy crude oil lying in the Lower Fars field in the north of Kuwait. Discovered in 1978, the Lower Fars formation belongs to the Ratqa field, […]
Chevron – Aramco – KOC validate Wafra Steamflooding The California-based international oil company (IOC) Chevron Corporation (Chevron) and its local partners, Saudi Aramco and Kuwait Oil Company (KOC) have validated the steamflooding technology to develop the Wafra heavy crude oil field in the onshore Partitioned Zone (PZ) between Saudi Arabia and Kuwait. The Partitioned Zone […]
Yuhuang to invest $1.85 billion in St James Parish The Chinese Shandong Yuhuang Chemical Corporation Ltd (Shandong Yuhuang) has selected a site in St James Parish, Louisiana, to build its first overseas facilities under the name of Yuhuang Louisiana methanol project. Ranked among the top twenty five chemical group in China, Shandong Yuhuang is running $5 […]
Saudi Arabia prioritizes Khurais and Shaybah capacity The national oil company Saudi Aramco selected the Khurais and Shaybah fields to increase Saudi Arabia crude oil production capacities. Lying adjacent to one of the world largest oil field, the giant Ghawar, Khurais is also of a significant size at the scale of Saudi Arabia with the […]
OGC to link Saih Nihayda to Port of Duqm in Oman The state-owned Oman Gas Company SAOC (OGC) is preparing to award the engineering, procurement and construction (EPC) contract for the construction of the gas pipeline between Saih Nihayda and the Port of Duqm in the Sultanate of Oman. As the main midstream company in […]
