LNG
Texas LNG to develop new LNG toll business model The Houston-based Texas LNG LLC (Texas LNG) is planning to replicate a mid-sized of the Norwegian Statoil Snohvit LNG concept to introduce in the US market a new business model to export liquefied natural gas (LNG) at low costs. In 2007, Statoil and its partners started the […]
Total to award MLJS Expansion EPC packages The French Major company Total and its partners, Shell from The Netherlands and the local Petroleum Brunei (PB) are on the point to award the engineering, procurement and construction (EPC) contracts for the development of the Maharaja Lela Jamalulalam South (MLJS) project offshore Brunei. Lying in the Block […]
Qatar Petroleum to diversify in oil and petrochemicals Since the moratorium decided by Qatar in 2005 to freeze all new offshore projects out of its giant North Dome project, Qatar Petroleum concentrated to complete on going projects and to stabilize the reservoir from the consequences of the multiplication of the production wells. This moratorium was supposed […]
Statoil and Chevron review costs in North Sea projects In 2013, shortly after that Norway had weighted its tax policy on oil and gas companies operating in the Norwegian North Sea, UK did the opposite and released a new tax regulation to encourage companies to explore more challenging deep offshore resources on the UK side […]
Total takes Elk and Antelope gas fields majority stake The Paris-based international oil company (IOC) Total took a leap on the finish line ahead of other majors companies to close a deal with the New York-listed junior Inter Oil Corporation (InterOil) to acquire majority stake in the giant Elk and Antelope gas fields that could […]
Nexen to anchor Aurora LNG project at Grassy Point The Canadian Nexen Energy ULC (Nexen), acquired by China National Offshore Oil Corporation (CNOOC), and its Japanese partners Inpex Corporation (Inpex) and JGC Corporation (JGC) has signed an exclusive agreement with the Government of British Columbia in western Canada to locate its Aurora liquefied natural gas […]
Gazprom and Sibur ink MOU for Belogorsk project The Russian companies Gazprom and Sibur materialized in a memorandum of understanding (MOU) their intention to build a gas processing plant (GPP) and a petrochemical complex at Belogorsk in the Amur Region of the Far East Russia. This project is a consequence of Eastern Gas Program approved […]
Anadarko and Eni to review Afungi LNG Park phases The Anadarko Petroleum Company (Anadarko) from USA and the national oil company (NOC) Eni from Italy are facing some delays in the implementation of the giant project for the liquefied natural gas (LNG) to be built at Afungi, in the northeastern province of Cabo Delgado in […]
