Front End Engineering and Design (FEED)
KMG joined KPO partners for KEP1 in Karachaganak 3 Through its national oil company (NOC) KazMunaiGas (KMG) Kazakhstan joined in 2012 the partnering companies BG Group (BG), Eni, Chevron and Lukoil in the Karachaganak Petroleum Operating BV (KPO) joint venture for the Karachaganak Expansion Project (KEP) Stage-1 of the oil and gas field development Karachaganak phase-3 in the northwest […]
Premier Oil and KUFPEC move Bream FPSO to FEED The London-based junior company Premier Oil plc (Premier Oil) and its partners, the national oil company (NOC) Kuwait Foreign Petroleum Exploration Company (KUFPEC) and the other London-headquartered junior company Tullow Oil plc (Tullow) finalized the conceptual study for the development of the offshore Bream and Mackerel […]
Arrow awarded Bowen coal bed methane project FEED The international oil company (IOC) Royal Dutch Shell (Shell) and the national oil company China National Petroleum Corporation (CNPC or PetroChina) have decided to move on their Australian 50/50 joint venture Arrow Energy Penty Ltd (Arrow) Bowen Gas Project (BGP) to the next phase in making the […]
PTT and Saudi Aramco to reduce Binh Dinh project size The national oil companies (NOC) Saudi Aramco from Saudi Arabia and the PTT Public Company Limited (PTT) from Thailand has decided to form a joint venture to build and operate the giant Binh Dinh Refinery and Petrochemical complex in the center of Vietnam. Despite the […]
Quantum selected Ibeno for world-scale methanol plant The Nigerian Quantum Petrochemical Company Limited (Quantum) has decided to invest $1.5 billion capital expenditure in a world-scale petrochemical and methanol complex at Ibeno in the Akwa Ibom State of the southern Nigeria on the Gulf of Guinea. Quantum was recently founded by the Nigeria banker Jim Ovia, ranked […]
Husky to qualify Madura MDA-MBH FPU bidders Calgary-based Husky Energy (Husky) and its partners, the state-owned China National Offshore Oil Corporation (CNOOC) and the independent Singapore-registered Samudra Energy (Samudra) are proceeding to the qualification of the engineering companies and shipyard to be invited to bid (ITB) for the construction of the floating production unit (FPU) […]
Oman Key project and Business Highlights 2014 Although the Sultanate of Oman points only on the seventh position by crude oil proven reserves amongst the Middle-East country it attracts more and more international companies such as BP, PTTEP, Shell or Total to support the national companies Petroleum Development of Oman (PDO), Oman Oil Company (OOC) […]
Mozambique Key Projects and Business Highlights 2014 Mozambique appears as one of the most promising country for natural gas exploration production and could become one of the largest exporter of liquefied natural gas (LNG) under the lead of companies such as Anadarko Petroleum Company (Anadarko) from USA, Eni from Italy, Mitsui E&P from Japan, China national Petroleum […]
