
Hyundai Heavy Industry
Abu Dhabi to decide now in order to meet OPEC quotas Abu Dhabi National Oil Company (ADNOC) and its partners, ExxonMobil and Japan Oil Development Company Ltd. (Jodco), are on the point to award the second engineering, procurement and construction contract (EPC-2) for ZADCO Upper Zakum 750 project. ZADCO stands as the Zakum Development Company (ZADCO), a joint […]
Global Leader Hyundai Group was established in 1947 as a construction company and moved into shipbuilding only in 1970 with an order for two crude tankers while the shipyard was not yet existing. In 1972, Hyundai started to build a shipyard in Dusan and two years later, in 1974, the two tankers were delivered. Then […]
240 projects represent more than 680 billion CAPEX On November 5th 2012, the Project Smart Explorer data base contains the 240 largest projects of the oil and gas and petrochemical industry. These projects represent more than 680 billion of capital expenditure to be mostly invested on the next three years by 166 end users. These end […]
The First Online and Smart sales pursuit tools to trace Oil and Gas and Petrochemical projects 2B1st Consulting’s team of experts developed Project Smart Explorer as the first sales pursuit tool to trace and scan online the largest projects of the chemical, oil and gas industry in the world. www.projectsmartexplorer.com Focusing […]
Total lowers Carbon Footprint with Power from Shore Previously called Hild, the Martin Linge development belongs to Total E&P Norge AS (51%), the operator, Petoro AS (30%) and Statoil Petroleum AS (19%). End of March, the Norwegian Government approved the development plan for the Martin Linge oil and gas field. Total capital expenditure is estimated to $4.2 […]
Indonesia Abadi fLNG to learn from Australia Prelude In one way, INPEX Corporation Ltd acquired 17.5% participating interest in the Prelude Floating LNG (FLNG) Project from Shell Development (Australia) proprietary Ltd in order to get the experience to develop the Abadi LNG Project in Masela Block. In the other way, Shell in December 2011 acquired […]
Chevron is planning to spend $3 billion in Indonesia this year where Gengalo and Gehem should take a major part. While Technip is performing the FEED for these two large FPUs, Chevron is completing the qualification process of the potential contractors to receive an invitation to bid (ITB) this quarter. For this FEED , Technip has involved its Jakarta […]