Posts Tagged ‘Letter of Intent’

Inpex acquires stakes in GOM Lucius project

Anadarko sold 7.2% Lucius stakes to welcome Inpex Anadarko Petroleum Corp. (Anadarko), formaly Kerr-Mc Gee, and its partners, Apache, […]

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Taiwan to invest $3.3 billion to upgrade Petrochemical Industry

Taipei spots Petrochemicals as a strategic sector December 2011 – In an effort to maximize the economic value of […]

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Technip and HHI win $660 million Aasta Hansteen (ex Luva) SPAR hull

OMV to replace ExxonMobil in Aasta Hansteen partnership with Statoil and ConocoPhillips Aasta Hansteen field was previously named Luva and […]

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Saudi Aramco $ 5 billion PetroRabigh expansion well in progress

PetroRabigh II and Sadara to double Saudi Aramco petrochemical production The PetroRabigh expansion, or PetroRabigh II, is a […]

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Chevron Phillips studies $6 billion Chemical plant in Basra

Iraq and Chevron Phillips signed a Letter of Intent Iraq and Chevron Phillips Chemical Corp, a joint venture of […]

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Long lead item

Definition Long lead item refers to the equipment, product or system that is identified at the earliest stage […]

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In Israel, Noble Energy goes for Leviathan fLNG

With Leviathan Noble turns Israel into gas exporter  In 2009, Israel’s exploration partner Noble Energy discovered the Tamar […]

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“LoI”

Definition: “LoI” is the acronym for Letter of Intent . Comments: A LoI is a document by which two parties describe how they intend to […]

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“MoU”

Definition: “MoU” is the acronym for Memorandum Of Understanding. MoU may also be called Letter of Intent (LoI) Comments: A […]

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Lundin $4.2 billion Edvard Grieg oil field development approved

Lundin Petroleum received the formal approval from the Norwegian Ministry of Petroleum and Energy to proceed with the $4.2 […]

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