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SABIC and Vopak to build $400 million storage facility Saudi Basic Industries Corporation (SABIC) and Royal Vopak (Vopak) signed Heads of Agreement (HoA) to form a joint venture to build new storage facilities in the Al Jubail Terminal on the east coast of Saudi Arabia. The joint venture between SABIC and Vopak should be established under […]

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Cameron and Schlumberger go for integrated solutions Cameron and the leading oilfields services company Schlumberger have decided to create OneSubsea as a joint venture to merge their subsea activities in the oil and gas sector. Through OneSubsea, Cameron and Schlumberger intend to develop and manufacture new dedicated products, systems and services for the subsea applications. Headquartered […]

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QP and Shell Petrochemical project named Al-Karaana Qatar Petroleum and Shell made significant decisions in November regarding their world-scale petrochemical complex in the Ras Laffan Industrial Zone in northern Qatar. The Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada and Ben Van Beurden, Shell Chemicals Executive Vice President, during a meeting in Doha, […]

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Strength-Stability-Growth Headquartered in Calgary, Alberta, Veresen Inc. (Veresen) is the former energy infrastructure company Fort Chicago Energy Partners L.P company, established in 1997. Listed in Toronto, Ontario, Canada, Veresen changed named from Fort Chicago Energy Partners L.P. in January 2009. As energy infrastructure company, Veresen is running three businesses:  – Pipelines  – Midstream  – Power  The pipelines […]

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Veresen plans to lead LNG export from US west coast The Calgary-based Veresen Inc. (Veresen) is promoting smartly its Jordan Cove liquefied natural gas (LNG) project as located on the US west coast, on the shortest way to export from US to the most profitable markets in Asia. As the twelve other export LNG projects in […]

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Abu Dhabi Company for Onshore Oil  Operations The Abu Dhabi Company for Onshore Oil Operations (ADCO) was established on 2nd December 1971 in Abu Dhabi, the largest Emirates from the United Arab Emirates (UAE). ADCO was created by the Abu Dhabi National Oil Company (ADNOC) to explore and operate the onshore and shallow coastal water of […]

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