Memorandum of Understanding (MOU)
Narrabri CBM to supply New South Wales gas market On November 2014, the Adelaide-based independent oil and gas company Santos Ltd (Santos) and its partner EnergyAustralia ltd submitted an Environment Protection and Biodiversity Conservation (EPBC) referral to the Commonwealth Government for the environmental assessment of its Narrabri coal bed methane (CBM) project in the New South Wales (NSW) Gunnedah […]
Badlands NGL and Vinmar to monetize US shale gas The Delaware-registered company Badlands NGL’s LLC (Badlands NGL) and Vinmar Projects (Vinmar) from Houston, Texas, signed a memorandum of understanding (MOU) to design, build, operate a world-scale polyethylene greenfield plant and merchant its production out of North Dakota shale gas basins of the Bakken Formation in […]
Rosneft invests $14.9 billion in Far East FEPCO project The Russian giant Rosneft, 69.50% owned by the State and 19.75% by the UK major BP, has confirmed to move forward on the Nakhodka integrated refinery and petrochemical complex close to Vladivostok in the south end of Russia Far East. Since 2010, Rosneft is working on developing […]
Noble and Woodside terminated Leviathan MOU In May 2014, the Texas-based independent company Noble Energy Inc. (Noble) and the Australian national oil company (NOC) Woodside terminated their memorandum of understanding (MOU) regarding their potential cooperation in the development of the giant non-associated gas field Leviathan offshore Israel in the Mediterranean Sea. This non-binding MOU had been […]
Sasol HDPE relocated from Lake Charles to LaPorte The Swiss-based Ineos Group AG (Ineos) and the South African petrochemical company Sasol Ltd (Sasol) made the final investment decision (FID) in their joint venture to build a greenfield bimodal high density polyethylene (HDPE) in LaPorte,Texas USA. On early 2013, Sasol had confirmed its intention to move forward […]
Socar and BP award TANAP EPCM to WorleyParsons The State Oil Company of Azerbaijan (Socar), and its partners, BP from UK, the Turkish State-owned company Boru Hatlari Ile Petrol Tasima Anonim Sirketi (Botas), awarded the engineering, procurement and construction management (EPCM) five years contract to the Australian-based engineering company WorleyParsons for the construction of the […]
APC and SK Gas selected CB&I licence for Ulsan PDH The downstream industrial group Advanced Petrochemical Company (APC) from Saudi Arabia and the midstream company SK Gas Corporation Ltd (SK Gas) from South-Korea signed a memorandum of understanding (MOU) to build a propane dehydrogenation (PDH) plant in Ulsan on the southwest coast of South Korea. Headquartered […]
XER to combine Teekay-Sevan FSO with Arup Platform The Aberdeen-based Xcite Energy Resources Limited (Xcite or XER) company selected the conceptual design to develop its heavy crude oil field, Bentley offshore the Shetland Islands in the UK North Sea in combining a Teekay Sevan-type floating storage and offloading (FSO) vessel together with Arup ACE steel […]
