FID
2B1st Consulting wish you a Happy New Year 2014 2B1st Consulting wish you a Prosperous and Happy New Year 2014 with always more projects in the Oil & Gas and Petrochemical industry. Even if some projects were put on hold or postponed because of design and costs issues, the overall trend of the sector remains […]
ExxonMobil, Shell and Total head to head for PNG gas These last months of 2013 have seen the major companies ExxonMobil, Shell and Total in an intense competition to share working interests with the junior New York-listed company InterOil Corporation (InterOil) in the large Elk and Antelope discoveries of the western Papua New Guinea (PNG). For nearly […]
Total takes Elk and Antelope gas fields majority stake The Paris-based international oil company (IOC) Total took a leap on the finish line ahead of other majors companies to close a deal with the New York-listed junior Inter Oil Corporation (InterOil) to acquire majority stake in the giant Elk and Antelope gas fields that could […]
Premier Oil to award Catcher FPSO EPC contract The London-based company Premier Oil (Premier) and its partners, Cairn Energy (Cairn) from Scotland and the Basf subsidiary Wintershall from Germany, are on the point to make the final decision to award the engineering, procurement and construction (EPC) contract for a floating, storage, production and offloading (FPSO) […]
Wood County on line to host Ascent Complex project The Brazilian companies Odebrecht and Braskem are currently investigating the opportunity to develop the Appalachian Shale Cracker Enterprise (Ascent) Petrochemical complex project at Parkersburg in the Wood County of West Virginia, USA. Joining Shell with its Appalachia Ethane Cracker project, Odebrecht and Braskem are exploring a new business model in […]
Shell makes final decision for Carmon Creek Project After the joint venture Suncor-Total which decided to proceed with their multibillion Fort Hills oil sands mining project in Athabasca region, Shell is making the final investment decision (FID) with its Carmon Creek oil sands project in Alberta. The two mega projects, by their size and new […]
Suncor to operate Athabasca Fort Hills mining project Suncor Energy (Suncor) from Canada and its partners, Total from France and Teck Resources Ltd (Teck) from Canada, made the final investment decision (FID) to develop Fort Hills oil sands mine project in Athabasca at the northeast of Alberta, Canada. This decision comes in a context where […]
IPIC qualified bidders for Fujairah Refinery Phase-1 The Abu Dhabi-based International Petroleum Investment Company (IPIC) is preparing the call for tender for the engineering, procurement and construction (EPC) contract of the Fujairah Refinery Phase-1 in the United Arab Emirates (UAE). Established in 1984 by Abu Dhabi Government , IPIC has the mission to support energy projects outside […]
