Heads of Agreement (HOA)
BG, EGAS and EGPC signed $4 billion on WDDM 9b The UK-based BG Group (BG) and its Malaysian partner Petronas signed a Heads of Agreement (HOA) with the national oil companies Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corporation (EGPC) for the development of the West Delta Deep Marine (WDDM) Phase 9b project. […]
Petronas sticks on all offshore multi-platforms for K5 The Malaysia national oil company (NOC) Petronas is opting for the all offshore multi-platforms concept to develop the challenging K5 natural gas field in the South China Sea offshore the Sarawak Province in Malaysia. This decision comes in the same time as the French major company Total has […]
PTTGC – Pertamina to sign Java Complex joint venture The Thailand-based PTT Global Chemical plc (PTTGC) and the Indonesian national oil company (NOC) Pertamina are in final talks to establish a joint venture to build from greenfield a world-scale petrochemical complex in Java, Indonesia. This process is following up a heads of agreement (HOA) signed […]
Tiung Biru and Jambaran gas fields reach FEED stage The super major ExxonMobil and the national oil company (NOC) Pertamina have agreed to prepare the call for tender for the front end engineering and design (FEED) work to develop the Tiung Biru and Jambaran gas fields at Cepu block across Central Java and East Java […]
Total and Petronas organize double conceptual studies The french major Total and the Malaysian national oil company Petronas decided to organize parallel conceptual study for the development of the K5 gas field offshore the Sarawak province in southeastern Malaysia. Discovered in 1970, the K5 gas field is located 230 kilometers northwest Bintulu, in 80 meters of […]
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 […]
BG to become first supplier of LNG in China BG Group from UK and China National Offshore Oil Corporation (CNOOC) signed Heads of Agreement (HOA) about the Queensland Curtis Liquefied Natural Gas (QCLNG) project. Both companies were already partnering in the QCLNG project, but with the agreed Heads of Agreement, BG Group and CNOOC manage […]
