Mexico
Saudi Aramco at FEED for three shale gas projects Saudi Aramco is preparing to award front end engineering and design (FEED) contracts to develop shale gas reserves as pilot projects in three different basins of Saudi Arabia. Despite all the challenges to implement the hydraulic fracturing techniques in Saudi Arabia, the Kingdom is keen to […]
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 […]
Mexico Key Projects and Business Highlights Since 2004, when Mexico was able to produce 3.4 million barrels per day (b/d), this oil and gas giant managed to come down to 2.55 million b/d on first half 2013 due to a constitution concentrating in one state owned company, Petroleos Mexicanos (Pemex) all the responsibilities to explore and produce […]
India Key Projects and Business Highlights As most of the emerging countries, India wanted to preserve its oil and gas resources access and related revenues to its national state owned and private oil companies Indian Oil Corporation (IOC), Gujarat State Petroleum Company (GSPC), Oil and Natural Gas Corporation (ONGC), Reliance Industries Ltd (RIL). As a consequence, in India as […]
Pemex to release Ayatsil call for tender in September The Mexican national oil company, Petroleos Mexicanos (Pemex), selected the concept of the floating, production, storage and offloading (FPSO) vessel to develop its Ayatsil-Tekel discovery in the shallow water of the Campeche Basin in the Gulf of Mexico. Located 130 kilometers northwest Cuidad del Carmen, Ayatsil […]
Grupo R orders four jack-up rigs to Keppel for Pemex The Mexican construction and oil field service company Grupo R ordered four jack-up drilling rigs to Keppel Fels in Singapore to support the exploration and production program planned by Petróleos Mexicanos (Pemex) to stop the Mexican production to decline and to increase it again. In October […]
BASF awards Fluor Ludwigshafen TDI EPCM contract On February 19th 2013, the Germany-based BASF chemical company selected the Fluor from the USA to provide engineering, procurement and construction management (EPCM) services for the new toluene diisocyanate (TDI) production in the Ludwigshafen chemical complex. Ludwigshafen is already one of the largest chemical complex in the world […]
M&G to invest $1 billion in PET and PTA plants in USA The Italian company Mossi & Ghisolfi Gruppo (M&G Group) made the final investment decision (FID) for to build a greenfield polyethylene terephthalate (PET) and purified terephthalic acid (PTA) plants in Corpus Christi in Texas, USA. M&G Group is a wholly owned family company with […]
