Final Investment Decision
Angola Key Projects and Business Highlights After a first wave of exploration and production of conventional oil and gas offshore fields, the major companies such as BP, Chevron, Cobalt International Energy Company Inc. (Cobalt),Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina (CNPC), Statoil and Total come back to Angola with major projects to replicate the lessons learnt from the Brazilian […]
Key Projects and Business Highlights If the global economy is running from one dip to another dip wondering which bubble will cause the next one, the Oil & Gas and Petrochemical sector is flying over all these issues with only one concern, how to go faster? This question comes back from all the corners of […]
Fluor at work on FEED for Sasol US Mega Projects The South African company Sasol is currently proceeding to the selection of the license and technologies required for the olefins and derivatives production units of its integrated gas-to-liquid (GTL) and ethane cracker complex to be built at Lake Charles in Louisiana, USA. With an estimated […]
Stampede TLP to unitize Pony and Knotty discoveries Hess Corporation (Hess) and its partners, BHP Billiton (BHP) from Australia, Chevron from USA, China National Offshore Oil Corporation (CNOOC) from China through its Canadian acquisition Nexens, and Statoil from Norway, have selected the Japanese engineering company Modec to provide the Stampede project with a tension leg […]
Lekoil to join YFP, Chevron and Vitol in Block OML 113 The local junior company Lekoil Ltd (Lekoil) signed a Sales and Purchase Agreement (SPA) with Panoro Energy (Panoro) from Norway to acquire its stake of the Aje project in the Oil Mining Lease 113 (OML 113). This transaction will apply to 6.502% of the […]
Shell Batangas LNG project to go to FEED stage The Royal Dutch Shell Plc (Shell) is moving on the front end engineering and design (FEED) stage on the Batangas LNG import terminal project in Philippines. Working on this project for some years, Shell completed the feasibility study to build a floating storage and regasification unit (FSRU) […]
Petronas FLNG-2 to require MEG additional module The El Dorado, Arkansas-based, Murphy Oil Corporation (Murphy) and the Malaysian national oil company Petronas are revising upward the design of their floating liquefied natural gas (FLNG) vessel for the development of the Block H, offshore Sabah in Malaysia. Since 2007, Murphy accumulates natural gas discoveries in the Block […]
Cyprus selected Vassilikos to locate three LNG Trains The French major company, Total, is reported to have signed a memorandum of understanding (MOU) with the newly formed Cyprus National Hydrocarbons Company (CNHC) on the second liquefied natural gas (LNG) train of the Cyprus LNG project. Through this agreement Total is joining Noble Energy (Noble) from Houston, […]
