Netherlands
Sui Southern Gas in $1.4 billion deal with Engro Vopak The Pakistan midstream Sui Southern Gas Company (SSGC) is in final talks with the joint venture Engro Vopak Terminal Limited (EVTL) to build and operate a large greenfield liquefied natural gas (LNG) import terminal at Port Qasim near Karachi in Pakistan. In parallel the Pakistan […]
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. […]
BASF runs into upstream while Gazprom goes west On November 12th, 2012, the German chemical company BASF and the Russian Gazprom signed a binding basic agreement to swap assets estimated of the same value. The assets selected to support the swap reflect the strategy of both companies: – BASF to increase its position in the oil […]
Delivering Organic Value Created in 1981 under the name of International Petroleum, the company became Lundin Petroleum (Lundin) as a result of the merger with the Sands Petroleum in 1997. Home-based in Stockholm, Sweden, Lundin is listed in Stockholm, Nasdaq and Toronto. Managed by the Lundin familly, Lundin is an independent company focusing on oil […]
BP and Shell explore successfully Nile Delta and Western Desert to secure oil and gas supply Then major international oil companies such as BP and Shell decided to extend their exploration and production programs in Egypt in order to secure a long term and sustainable supply in oil and gas to any downstream scheme. After […]
Qatar to invest $25 billion in petrochemicals until 2020 In February 2012, Qatar Petroleum (QP) and Qatar Petrochemicals Corporation (Qapco) had signed a Heads of Agreement (HOA) to add a $5.5 billion petrochemical complex in Ras Laffan Industrial City, Qatar. In this project QP and Qapco will share interests according to: – Qatar Petroleum 80% – Qapco 20% In Qapco […]
Nizhnekamskneftekhim awards basic to CB&I Lummus OAO Nizhnekamskneftekhim (NKNK) selected CB&I Lummus (CB&I) to perform front end engineering and design (FEED) of a new olefins complex in Russia. This new petrochemical complex will be located in the Republic of Tatarstan in Russia. Earlier, on April, 2012, NKNK and CB&I had signed a License Agreement and Basic […]
Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture, Basra Gas Company (BGC) is state-controlled […]
