final investment decision (FID)
M&G to invest $1 billion in PET and PTA plants in USA The Italian company Mossi & Ghisolfi Gruppo (M&G Group) made the final investment decision (FID) for to build a greenfield polyethylene terephthalate (PET) and purified terephthalic acid (PTA) plants in Corpus Christi in Texas, USA. M&G Group is a wholly owned family company with […]
ExxonMobil and partners to invest $14 billion by 2017 ExxonMobil, Chevron, Suncor Energy (Suncor), Statoil and Nalcor Energy Oil and Gas (Nalcor) made the final investment decision (FID) to develop the Hebron offshore oil field project in Canada. The Hebron oil field is located offshore the Newfoundland and Labrador on Canada East Coast, in the […]
CNPC to pay BHP $1.6 billion for 10% of Browse LNG The super giant China National Petroleum Corporation (CNPC or PetroChina) is to acquire the 10% stakes held by BHP Billiton in the $40 billion capital expenditure Browse LNG project. In practice the transaction is based on PetroChina to pay $1.6 billion to BHP Billiton for: – […]
OGS and Samsung won Lavaca Bay LNG project FEED Excelerate Energy LP (Excelerate) is planning to convert its Lavaca Bay liquefied natural gas (LNG) terminal into export LNG facility. Located at Lavaca Bay on the Texas Gulf Coast, the Excelerate export LNG project should be the first one in USA to be designed with a floating LNG […]
Hoegh-KBR to submit competitive pre-FEED to PTTEP The Norwegian Hoegh LNG and the Houston-based KBR are completing a pre-front end engineering and design (pre-FEED) work for the Cash-Maple FLNG project to developed by the Thailand national oil company PTTEP. The Cash-Maple FLNG project is related to the exclusive license owned by PTTEP on the offshore blocks AC/RL7, AC/P54 […]
Noble to install first Floating LNG in Mediterranean Sea Noble Energy (Noble) and its partners, awarded the front end engineering and design (FEED) contract to Pangea LNG B.V. for a floating production unit of liquefied natural gas (LNG) to be installed on the Tamar gas field, 90 kilometers offshore Israel. Operated by Noble, the Tamar […]
Sasol to prioritize US GTL on Canada GTL project In a press conference in Louisiana, Sasol’s chief executive officer, David Constable, confirmed the decision of the board to move on the front end engineering and design (FEED) stage of the first Gas-To-Liquids (GTL) project to be built in USA. To be located in its site […]
Gazprom and Itochu completed feasibility study November 26th, 2012, Alexey Miller, Chairman of Gazprom hosted a meeting in Moscow with a Japanese delegation led by Japan Ambassador Chikahito Harada about the joint project of liquefied natural gas (LNG) plant in Vladivostok in the outmost Far East of the Russian Federation. In January 2011, Gazprom and Japan Far […]
