final investment decision (FID)
Technip won Moho Nord Subsea and Pipeline package Total from France, and its partners, Chevron from USA and the local Société Nationale des Pétroles du Congo (SNPC) selected Technip France to provide engineering, procurement, supply, construction and installation (EPSCI) services for the subsea and pipeline package of the Moho Nord project offshore the Republic of Congo (Congo of Congo Brazzavile). In March 2013, Total and its […]
After years delay Tullow wants Kudu money back After years of uncertainty and delays, the London-based Tullow Oil plc (Tullow) and its partners, Itochu Corporation (Itochu) from Japan and the National Petroleum Corporation of Namibia (Namcor), are decided to move the Kudu Gas-To-Power project ahead in Namibia. Located 130 kilometers offshore the Namibia coast, the […]
KBR to complete FEED on Lucapa new-build FPSO On first quarter 2012, the international oil company Chevron through its local subsidiary Cabinda Gulf Oil Company (Cabinda) and its partners, the national oil company Sonangol, Eni from Italy, Total from France, and Galp from Portugal, had awarded the front end engineering and design (FEED) contract to […]
BW Offshore to take operation role in Tamar FLNG On February 19th, 2013, the Norwegian fleet operator BW Offshore (BW) announced to have signed a Memorandum Of Understanding (MOU) with the Dutch company Pangea LNG B.V. (Pangea) regarding Noble Energy (Noble) King floating liquefied natural gas (FLNG) project for the Tamar and Dalit gas fields […]
Chevron to spend $5.6 billion in Mafumeira Sul project Cabinda Gulf Oil Company Ltd (Cabinda), the Angola subsidiary of the California-based international oil company Chevron Corporation (Chevron) and its partners Sonangol, Total and Eni made the final investment decision (FID) regarding the Mafumeira Sul project. Located offshore Angola, the Mafumeira Sul project (Mafumeira South) is the expansion […]
Shell to start upstream and postpone LNG Trains Since November 2012, the Anglo-Dutch international company, Shell, and China National Petroleum Company (CNPC or PetroChina) multiplied announcements to reconsider their Arrow LNG project in the Queensland in eastern Australia. Shell and PetroChina wholly own the Arrow LNG project through a 50/50 joint venture with the intention to invest […]
SINOMACH and CPC to build first Cambodia refinery On December 28th 2012, China Perfect Machinery Industry Corp (SINOMACH) and Cambodia Petrochemical Corporation (CPC) made the final investment decision (FID) to build the first crude oil refinery in the Kampong Som Petrochemical Industrial Zone along the southern coast in Cambodia. This $2.3 billion capital expenditure this […]
Hyundai Heavy Industries books $1.1 billion Topsides Statoil and its partners, OMV from Austria and ConocoPhillips from USA made the final investment decision (FID) and awarded the topsides, the most critical package, of the Aasta Hansteen project to Hyundai Heavy Industries. Previously named Luva, the Aasta Hansteen is located 300 kilometers offshore Norway by 1,300 […]
