Posts Tagged ‘LNG’

OPEC+ Agreement to Speed up Market Dichotomy

On Friday April 10th, the OPEC members and the non-OPEC oil producing countries, the so-called OPEC+, signed an agreement to cut the crude oil production by 9.7 million barrels per day (b/d).

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ExxonMobil and ENI in Mozambique Rovuma LNG

In August 2016, Eni and ExxonMobil signed an agreement by which Eni will sell 25% stake into the onshore LNG project and transfer the operator role to the US major ExxonMobil. Eni kept the operator role for the development of its offshore fields.

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NOVATEK on good track with ARCTIC LNG-2

The LNG eldorado of Yamal Gydan Peninsula Novatek has huge reserves on the Gydan peninsula, namely the Geofizicheskoye […]

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LNG market will be multiplied by 5 in 2018

Already more than double the 2017 business From the numbers we collected at the end of June, the […]

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Prosperous New Year 2018

Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.

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NOVA Gas North Montney Mainline gets Canada NEB approval

TransCanada expands British Columbia NGTL System NOVA Gas Transmission Limited (NGTL), a wholly owned subsidiary of the Calgary-based […]

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Cheniere got Sabine Pass LNG Trains 5 and 6 FERC approval

Cheniere in route for Sabine Pass Stage-3 in Louisiana The Houston-based independent company Cheniere Energy Partners LLC (Cheniere) […]

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BASF to build new world-scale Methane-To-Propylene complex

BASF selected US Texas Freeport for greenfield MTO The German chemical giant BASF SE (BASF) has selected its […]

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Cyprus Aphrodite gas field to benefit from Israel Leviathan delays

Noble and Delek ready to declare Aphrodite viable The US-based company Noble Energy (Noble) and its Israeli partner […]

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Gazprom stops South Stream to go for Turkey Stream Pipeline

Gazprom proposes Turkish hub to supply South Europe The Russian natural gas champion Gazprom intends to substitute the […]

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