Posts Tagged ‘Final Investment Decision’

ExxonMobil and ENI in Mozambique Rovuma LNG

In August 2016, Eni and ExxonMobil signed an agreement by which Eni will sell 25% stake into the onshore LNG project and transfer the operator role to the US major ExxonMobil. Eni kept the operator role for the development of its offshore fields.

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Happy New Year 2019

In 2018, twice more, in volume of capital expenditure, EPC contracts were awarded than in 2017. This step change is not related to some barrel price speculations bu to the new business models developed by the game changers, mostly the Independent companies taking now the lead of the market.

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Market Shift and Upturn

Did you see the Oil & Gas and Petrochemical Market Shift and Upturn?
The volume of Oil & Gas and Petrochemical engineering, procurement and construction (EPC) contracts awarded in 2018 is about to double compared with 2017 as a consequence of the market shift from the international oil companies (IOCs) to the national oil companies (NOCs) and independent companies.

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NefteGazIndustriya decides Afipsky Refinery Expansion in Russia

NefteGaz to add Delayed Coker in Afipsky Refinery The Russian NefteGazIndustriya LLC (NefteGaz) made the final investment decision […]

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Statoil gears up with $31 billion Johan Sverdrup project

Norway to take technological lead with Johan Sverdrup Statoil Johan Sverdrup project is not only remarkable because of […]

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TransCanada US Keystone XL Pipeline ignores low barrel price

Nebraska Court sets green light to Keystone XL project On January 9th 2015, the Nebraska High Court gave […]

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One Day – One Country: USA

USA Key Projects and Business Highlights 2014 The development of the shale gas in USA has continued to materialized […]

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Oman Oil Musandam gas-fired power plant reaches EPC stage

Oman Oil Musandam IPP to replace diesel powergen The wholly state-owned Oman Oil Company (Oman Oil or OOC) […]

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Total gears up in UK North Sea Laggan-Tormore

Total to develop West Shetland Tormore Oil Rim project The French international oil company (IOC) Total SA (Total) […]

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Noble Energy to go for conventional FPSO in Israel Leviathan

Noble and Woodside terminated Leviathan MOU In May 2014, the Texas-based independent company Noble Energy Inc. (Noble) and […]

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