India
Chevron to acquire Rovi and Sarta in Iraqi Kurdistan Following ExxonMobil to move first in Kurdistan in signing six oil field development licenses in November 2011, Chevron is also entering Kurdistan, in the northeastern Iraq, in dealing with Reliance Industries Limited (Reliance) from India. According to the contract signed between parties, Chevron will acquire the […]
Badra Export pipeline and Infield pipeline awarded soon Gazprom continues to award engineering procurement and construction (EPC) contracts for the different packages of its $2 billion Badra development project. Badra oil field is located in the Wasit Province at the Southeast of Iraq. Badra is part of these giant fields that the Iraq Government intends to develop to increase […]
Cheniere secured first phase Sabine Pass LNG funding In February, the private equity firm Blackstone Group LP (Blackstone) provided Cheniere Energy Partners (Cheniere) with $2 billion to finance Sabine Pass LNG Export Terminal conversion project. Since then Cheniere had appointed eight financial institutions to raise up to $4 billion in debt to complete the financing. As […]
BPCL to invest $2.6 billion in Kochi Integrated Refinery Petrochemical project Bharat Petroleum Corporation Ltd (BPCL) is the second-largest public sector refinery in India. The Kochi refinery is located at Ambalmugal near the city of Kochi in Kerala. The Kochi refinery capacity is actually of 9.5 million t/y or 190,000 b/d. The actual portfolio of […]
Reliance to gear up on $11 billion Jamnagar refinery expansion Reliance Industry Ltd (Reliance or RIL) is making major steps in the expansion of its refinery located in Jamnagar, Gujarat, India. With $11 billion capital expenditure, Reliance is planning one of the brownfield largest expansion of energy and petrochemical projects gobally. Commissioned on July 1999 with an installed refining capacity of 668,000 b/d, 1.9 million t/y Polypropylene and 1.5 million t/y Paraxylene unit, Jamnagar is the […]
WorleyParsons completed FEED for PDO Zauliyah Petroleum Development Oman (PDO) is working on a new gas plant project at Zauliyah in central Oman adjacent to PDO’s existing Zauliyah Oil Production Station. The greenfield project will process non-associated gas, water and condensates from the Hasirah and Hawqa fields in the Bahja-Rima area of PDO’s concession to boost […]
Sitra Refinery expansion preliminary studies completed After multiple scenarios for revamping and expansion, the Minister of Energy in Bahrain, Dr. Abdul Hussain bin Ali Mirza, has announced the completion of the preliminary studies to modernize the Sitra refinery. The plan of the Bahrain Petroleum Company (Bapco) aims to increase energy efficiency and increase production of high value […]
Petrofac-Schlumberger won 30 years Pemex contract The Pánuco Area in Mexico contains four mature onshore fields operated by the Mexico’s state-run oil company Petróleos Mexicanos (PEMEX). Discovered in the early 1900s with original oil in place of approximately 6.8 billion barrels, the Panuco oil fields have about 1,600 wells of which around 200 are currently producing a total of […]
