FID
Keppel Subic to build Malampaya compression platform On December 7th 2012, Shell Philippines Exploration B.V. (Shell), Chevron Malampaya LLC (Chevron), Philippines National Oil Company Exploration Corporation (PNOC) will celebrate the kick off of the Malampaya Phase 3 project with a “Strike steel” ceremony in the Keppel Subic Shipyard in Zampales, Philippines. This Malampaya Phase 3 project […]
Shell to boost Pulau Bukom ethylene cracker by 20% On November 2012, Shell made the final investment decision (FID) for the debottlenecking of its petrochemical complex in Pulau Bukom, in Bukom Island, Singapore. Identified as Shell Eastern Petrochemical Complex (SEPC) project, Shell started up this petrochemical complex in March 2010. Because of the increasing demand in South East Asia, Shell is […]
Petronas to move on Burma Yetagun North expansion The Yetagu gas field is located in southern Andaman Sea about 100 kilometers west offshore Myanmar coast line. Originally explored and developed by Texaco, Premier Oil and Nippon Oil Exploration (JX NOEX) , the American withdrew in the years 2000s because of the US sanctions against Myanmar. The Malaysian […]
Mozambique to join Qatar and Australia LNG exporters Anadarko Petroleum Corporation (Anadarko) and its partners Mitsui E&P, BPRL Ventures Mozambiques, Videocon Mozambique, PTTEP after acquiring Cove Energy, and Emprecia Nacional de Hidrocarbonetos (ENH), may propel Mozambique among the largest LNG exporting countries with Qatar and Australia with their Mozambique LNG project. With estimated $15 billion capital expenditure, Anadarko LNG project may […]
BP submitted plan for $12 billion Tangguh expansion In August 2012, BP and its partners MI Berau B.V., CNOOC Ltd , Nippon Oil Exploration (Berau) Ltd, KG Berau/KG Wiriagar, LNG Japan Corporation and Talisman Energy submitted their plan for the Tangguh LNG expansion project to the Indonesian Authorities. BP is planning to add a third train […]
Carnarvon basin smiles at Chevron for LNG expansion On September 2012, Chevron Corporation (Chevron) made a new gas find in the Greater Gorgon Area offshore Australia. Exploring the WA-374-P block of the prolific Carnarvon basin, Chevron performed the exploratory well Satyr-2 about 120 kilometers northwest of the Barrow island, offshore the Western Australia coast. The […]
Saudi Aramco to upgrade Yanbu Lube Oil Refinery Saudi Aramco and Jadwa Investment have received the tenders from four engineering companies bidding on the expansion of Luberef Yanbu Lube Oil Refinery Expansion. The Saudi Aramco Lubricating Oil Refining Company (Luberef) is operating the lube oil refineries of Yanbu and Jeddah under the name of Saudi Aramco […]
Methanex to invest $550 million to benefit from low shale gas prices Methanex produces about 3.8 million t/y of Methanol and is the world’s largest supplier of Methanol to major international markets with production units in Canada, Chile, Egypt, New Zealand and Trinidad. Methanol is produces mainly out of natural gas, therefore the access to reliable and […]
