feasibility study
The Independent companies of the Oil & Gas and Petrochemical market develop a new business model to award EPC contracts.
Farabi Yanbu Petrochemical project at FEED stage The Saudi Farabi Petrochemical Company (Farabi or FPC) is planning to start the front end engineering and design (FEED) work on its Yanbu petrochemical project in the Western Province of Saudi Arabia. Farabi was established in 2002 as a privately owned company. Since 2006, Farabi is producing normal paraffin (NPN) […]
Gasum to build – operate Finngulf LNG Import Terminal The Finnish midstream company Gasum Oy (Gasum) will build and operate the Finngulf LNG Terminal project in order to import, store liquefied natural gas (LNG) in Finland in connection with the neighboring Estonia on the Gulf of Finland in the Baltic Sea. Since 1860 Gasum is importing […]
Chevron validated chemical EOR to maintain Captain The Californian San Ramon-based international oil company (IOC) Chevron Corporation (Chevron) and its partner Dana Petroleum (Dana), a Korean National Oil Company‘s subsidiary, have validated the conclusions of the pilot study to test the performances of the chemical injection as the preferred enhanced oil recovery techniques (EOR) to maintain the production […]
Gazprom to upgrade NIS Pancevo refinery The Russian giant JSC Gazprom Neft (Gazprom) is planning to upgrade the Naftna Industria Srbije (NIS) refinery located in Pancevo on the east of Belgrade, Serbia. The NIS refinery results from a joint venture between Gazprom, the Republic of Serbia (Serbia) and minority stakeholders share the working interests such […]
Sasol Louisiana complex triples US chemical production The South Africa-based refining and petrochemical company Sasol Limited (Sasol) made the final investment decision for the construction of its world-scale ethane cracker and derivatives complex as the expansion of its existing facilities in Lakes Charles, Louisiana, in USA. On very early days, Sasol realized the opportunity of the […]
KMG joined KPO partners for KEP1 in Karachaganak 3 Through its national oil company (NOC) KazMunaiGas (KMG) Kazakhstan joined in 2012 the partnering companies BG Group (BG), Eni, Chevron and Lukoil in the Karachaganak Petroleum Operating BV (KPO) joint venture for the Karachaganak Expansion Project (KEP) Stage-1 of the oil and gas field development Karachaganak phase-3 in the northwest […]
Premier Oil and KUFPEC move Bream FPSO to FEED The London-based junior company Premier Oil plc (Premier Oil) and its partners, the national oil company (NOC) Kuwait Foreign Petroleum Exploration Company (KUFPEC) and the other London-headquartered junior company Tullow Oil plc (Tullow) finalized the conceptual study for the development of the offshore Bream and Mackerel […]
