Indian Ocean
Emirates LNG to replace FSRU by land-based terminal The Abu Dhabi-based companies Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) have decided to stop the just starting first phase of the Emirates LNG project in Fujairah, United Arab Emirates (UAE), to rethink the whole concept of this liquefied natural gas (LNG) import and […]
KBR completed Tanzania LNG project pre-FEED Since KBR completed the pre front end engineering and design (pre-FEED) work, the Norwegian national oil company (NOC) Statoil and the International oil company (IOC) ExxonMobil are comparing the best concepts to develop the giant liquefied natural gas (LNG) project based on the offshore Tanzania Block-2 natural gas discoveries […]
Woodside and Shell closed deal on FLNG technology On April 30th 2012, Woodside Petroleum (Woodside) and Shell, its partner in the Browse project of liquefied natural gas (LNG), signed an agreement on the technology for the floating LNG (FLNG) vessels that might be used to develop Browse. In addition to Woodside and Shell, the Browse project involves […]
OOC and Takamul to build world-scale storage terminal On January 2013, Oman Oil Company (OOC) and Takamul Investment Company (Takamul), both companies from the Sultanate of Oman, established a joint venture to build one of the world largest oil storage terminal at Raz Markaz in Oman. Called Oman Tank Terminal Company LLC (OTTCO), this new […]
GSPC and IOC to boost LNG Import Terminal projects Gujarat State Petroleum Company (GSPC), Adani Enterprise (Adani) and Indian Oil Corporation (IOC) are working on moving forward their respective liquefied natural gas (LNG) import terminal projects in order to meet the Indian demand for gas in 2017. These projects are part of a series of […]
ExxonMobil signed agreement with Impact on Tugela The super major ExxonMobil signed an agreement with the junior Impact oil and Gas Ltd (Impact) for the exploration of Tugela South Exploration Right offshore South Africa. According to the terms of the agreement, ExxonMobil is to acquire 75% of the interests in the Tugela South Exploration Right and […]
