Front End Engineering and Design (FEED)
BP submitted plan for $12 billion Tangguh expansion In August 2012, BP and its partners MI Berau B.V., CNOOC Ltd , Nippon Oil Exploration (Berau) Ltd, KG Berau/KG Wiriagar, LNG Japan Corporation and Talisman Energy submitted their plan for the Tangguh LNG expansion project to the Indonesian Authorities. BP is planning to add a third train […]
Carnarvon basin smiles at Chevron for LNG expansion On September 2012, Chevron Corporation (Chevron) made a new gas find in the Greater Gorgon Area offshore Australia. Exploring the WA-374-P block of the prolific Carnarvon basin, Chevron performed the exploratory well Satyr-2 about 120 kilometers northwest of the Barrow island, offshore the Western Australia coast. The […]
Statoil to build IOR center and redefine drilling rigs Statoil leads the world on recovery rate in exceeding for the first time an average of 50% in 2011. By comparison the global oil recovery rate is around 35% and in the Norwegian Continental Shelf (NCS), all the producers reach an average of 47%. Among them, Statoil […]
Total to convert Antwerp naphtha cracker to ethane Total announced during investor day, that he will spend $1.5 billion capital expenditure to adapt its Antwerp refinery and petrochemical complex to the market conditions. With a capacity of 350,000 b/d, Antwerp is the second largest refinery in Europe and the largest in Total including: – 348,000 […]
Saudi Aramco to upgrade Yanbu Lube Oil Refinery Saudi Aramco and Jadwa Investment have received the tenders from four engineering companies bidding on the expansion of Luberef Yanbu Lube Oil Refinery Expansion. The Saudi Aramco Lubricating Oil Refining Company (Luberef) is operating the lube oil refineries of Yanbu and Jeddah under the name of Saudi Aramco […]
Rovuma basin discoveries could set Mozambique as world’s third largest LNG exporter Over the last months, the Houston based, Anadarko Petroleum Corporation (Anadrako) and the Italian Eni multiplied natural gas discoveries on the east coast of Africa to the point that Mozambique could become the world third largest LNG exporter after Qatar and Australia. The oil […]
Abu Dhabi Chemical Company sets Tacaamol phase 1 Abu Dhabi Chemical Company (ChemaWeyaat) is planning to call for tender before the end of the year for the front end engineering and design (FEED) of the Tacaamol Aromatics project. Tacaamol is a joint venture between between ChemaWEaat and Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC). […]
After Petronas Rapid joint venture Versalis go to China On April 2012, the Italian national oil company Eni decided to rename its chemical branch Polimeri Europa into Versalis. Beyond the branding operation, Eni intends to go global with its Europe centric chemical business to benefit from the high growth in emerging countries. In 2011, Polimeri […]
