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PetroChina to complete FEED by end of June 2013 The joint venture between the national oil companies China National Petroleum Corporation (CNPC or PetroChina) and the local KazMunaiGas (KMZ) is working on a second crude oil export pipeline from Kazakhstan to China. As the existing pipeline, the new one would connect Atyrau on the coast […]

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SBM and Modec to charter three FPSOs to Petrobras The Brazil national oil company Petrobras signed with SBM Offshore (SBM) from The Netherlands two chartering contracts for floating production, storage and offloading (FPSO) vessels to substitute the P-66 and P-67 FPSOs currently in construction and planned for the Lula field. These contracts with SBM come in […]

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Eni ready to sell 20% stake in Rovuma to CNPC Although Eni from Italy and Anadarko Petroleum  (Anadarko) from US had decided to team up in the onshore part of Mozambique liquefied natural gas (LNG) project, the both companies are searching for separated partnerships to develop the super-giant natural gas fields of the Rovuma basin. The size and complexity […]

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Technip completed FEED for Ras Laffan Refinery Expansion project Since Technip completed the  front end engineering and design (FEED) contract the Ras Laffan Refinery Expansion project is moving into its final bidding phase for the engineering, procurement and construction (EPC) contract with only four companies still in the competition such as selected by Qatar Petroleum (QP) and its partners, ExxonMobil, Total, Cosmo Oil […]

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Total and Petronas organize double conceptual studies The french major Total and the Malaysian national oil company Petronas decided to organize parallel conceptual study for the development of the K5 gas field offshore the Sarawak province in southeastern Malaysia. Discovered in 1970, the K5 gas field is located 230 kilometers northwest Bintulu, in 80 meters of […]

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