Malaysia
SMOE and Mustang win Ivar Aasen topsides EPC Previously named Draupne, the Ivar Aasen project is taking a leap with the decision made by Det norske and its partners Statoil and Bayerngas to award the engineering, procurement and construction (EPC) contract to a team of contractors made of SMOE and Mustang from the Wood Group. […]
TransCanada to connect with Pacific Northwest LNG Petronas from Malaysia and its Calgary based subsidiary, Progress Energy Canada, selected TransCanada to design, build, own and operate (BOO) the Prince Rupert gas transmission project in British Columbia. On December 7th 2012, Canada Prime Minister approved Progress Energy Resources Corp. acquisition by Petronas for the amount of […]
Shell and Technip Samsung Consortium closed deal December 13th, 2012, Shell Gas & Power Developments B.V. (Shell) , Technip and Samsung Heavy Industries (Samsung) signed a Heads of Agreement (HOA) to strengthen their cooperation in the floating liquefaction of natural gas (FLNG) facilities. Since 2009, Technip and Samsung cooperate together on the Shell Prelude FLNG project through their […]
CNPC to take $2.2 billion stake in Encana Duvernay The China National Petroleum Company (CNPC or PetroChina) speeds up acquisitions of interests in Canada with the $2.2 billion offered to the local Encana for stake in the Duvernay oil sand project. According to the deal reached between the parties, PetroChina will take, through its wholly-owned subsidiary […]
CNOOC and Petronas to acquire Nexen and Progress On December 7th, 2012, Canada Prime Minister John Harper announced the approval for two national oil companies China National Offshore Oil Company (CNOOC) and Petronas from Malaysia to acquire respectively: – Nexen Inc. (Nexen) – Progress Energy Resources Corp. (Progress) For Nexen, CNOOC is ready to pay $15.1 […]
Fluor selected for Shell downstream projects in EMEA On November 2nd, 2012, Shell and the US Fluor Corporation (Fluor) signed a 5 years enterprise framework agreement for engineering and management services. On November 15th, 2012, it was the turn of the Paris-based Technip to ink with Shell Global Solutions a similar 5 years frame agreement. […]
Shell to boost Pulau Bukom ethylene cracker by 20% On November 2012, Shell made the final investment decision (FID) for the debottlenecking of its petrochemical complex in Pulau Bukom, in Bukom Island, Singapore. Identified as Shell Eastern Petrochemical Complex (SEPC) project, Shell started up this petrochemical complex in March 2010. Because of the increasing demand in South East Asia, Shell is […]
Technip and Heerema to build and install Malikai TLP With Malikai, Shell and its partners ConocoPhillips and Petronas are on the way to install the first tension leg platform (TLP) in Malaysia. Through the joint venture Sabah Shell Petroleum Company, Shell and its partners selected the TLP solution from the conceptual study because of the high capabilities of this type […]
