Middle East
Thailand Key Projects and Business Highlights In Thailand the oil and gas and petrochemical activity is driven by the national oil company (NOC) PTT Public Company Limited (PTT) and its more know subsidiary PTT Exploration and Production Public Company Ltd (PTTEP) with the support of foreign majors such as Chevron or Mitsui Oil Exploration Company (Mitsui or MOECO) and independent […]
IOC Paradip PP project received board approval The state-owned Indian Oil Corporation Limited (IOC) company received the board approval for the construction of greenfield world class polypropylene (PP) production unit at the Paradip Refinery and Petrochemical complex currently in construction on the east coast of India. India counts not less than 22 refineries out of […]
Bapco to award Bahrain Refinery FEED and PMC The national oil company (NOC) Bahrain Petroleum Company (Bapco) is currently evaluating the technical and commercial offers submitted by the engineering companies for the front end engineering and design (FEED) and the project management consultancy (PMC) contracts related to the brownfield Sitra Refinery Expansion project in Bahrain. […]
2B1st Consulting wish you a Happy New Year 2014 2B1st Consulting wish you a Prosperous and Happy New Year 2014 with always more projects in the Oil & Gas and Petrochemical industry. Even if some projects were put on hold or postponed because of design and costs issues, the overall trend of the sector remains […]
BP – OOC start Oman Block-61 development phase-1 BP and the Sultanate of Oman took one year to align on a $16 billion capital expenditure program to develop the first phase of the Khazzan and Makarem tight gas fields of the Block 61 in the center of Oman. With this investment BP is becoming the largest […]
PTTGC – Pertamina to sign Java Complex joint venture The Thailand-based PTT Global Chemical plc (PTTGC) and the Indonesian national oil company (NOC) Pertamina are in final talks to establish a joint venture to build from greenfield a world-scale petrochemical complex in Java, Indonesia. This process is following up a heads of agreement (HOA) signed […]
Oman Oil and IPIC to award Duqm Refinery FEED soon The national Oman Oil Company (Oman Oil or OOC) and the Abu Dhabi sovereign founds International Petroleum Investment Company (IPIC) are reaching the final evaluation stage of the commercial and technical bids submitted by international engineering companies to carry out the front end engineering and […]
Sabic signed joint venture for Jubail Acrylonitrile Project After years of technical and commercial studies, Saudi Basic Industries Corporation (Sabic), and its Japanese partners, Mitsubishi Corporation (Mitsubishi) and Asahi Kasei Chemicals Corporation (Asahi) signed a joint venture to build the first acrylonitrile and sodium cyanide plant in the Middle-East. In this purpose, Sabic, Mitsubishi and Asahi estblished […]
