FID
ONGC to boost India Western Offshore oil production The State-owned Oil and Natural Gas Corporation Limited (ONGC) company has made the final investment decision (FID) to proceed with the Redevelopment Mumbai High South Phase-3 project as part of its program to boost the crude oil and natural gas production from the India Western Offshore fields […]
USA Key Projects and Business Highlights 2014 The development of the shale gas in USA has continued to materialized in 2014 regardless the low prices of the local market around $4 per million BTU. The producing companies have fully integrated this situation and we assist to a concentration around the most competitive explorers with costs below […]
Oman Oil Musandam IPP to replace diesel powergen The wholly state-owned Oman Oil Company (Oman Oil or OOC) and its partner LG International Corporation (LG) from South Korea made the final investment decision for their joint venture Musandam Power Company (MPC) independent power plant (IPP) to be built at Tibat-Wilayat Bukha in the Musandam Governorate […]
BC approved Lelu Island LNG trains and PRGT pipeline British Columbia Province Authorities have approved Petronas Pacific Northwest liquefied natural gas (PNW LNG) export terminal project and its related TransCanada Prince Rupert Gas Transmission (PRGT) pipeline project on the Canada west coast. The joint venture Progress Energy Canada Ltd (Progress Energy) and its stakeholders, the national […]
Premier and Rockhopper to switch from TLP to FPSO The UK-based junior companies Premier Oil plc (Premier Oil) and Rockhopper Exploration plc (Rockhopper) are changing their strategy to develop the Sea Lion oil and gas project located offshore the Falklands Islands in the contested zone of the South Atlantic Ocean. Discovered in 1998, the Sea […]
Total to develop West Shetland Tormore Oil Rim project The French international oil company (IOC) Total SA (Total) and its partner DONG Energy A/S (DONG) from Denmark are considering to develop the crude oil field discovered in rim of the Laggan-Tormore gas fields offshore West Shetland in the UK North Sea. Through its Laggan-Tormore gas field […]
New Mozambique President to guide projects decisions The Italian major company Eni Spa (Eni) and the Houston-based independent company Anadarko Petroleum Corporation (Anadarko) are now expecting from the Presidential elections to speed up the publication of the regulation to guide their final investment decisions (FID) on their respective Mozambique liquefied natural gas (LNG) projects. Since […]
BP to go for FEED on Indonesia Tangguh LNG Train-3 The UK-based major company BP and its partners China National Offshore Oil Corporation Muturi Ltd (CNOOC), Mitsubishi–Inpex Berau BV (Mitsubishi–Inpex), Nippon Oil Exploration Berau Ltd ( Nippon Oil), KG Berau Petroleum Ltd (KG Berau) in joint venture with KG Wiriagar Petroleum Ltd (KG Wiriagar), Indonesia […]
