oil and gas
Basf Petronas Chemicals invest $500 million in Gebeng The German chemical global leader Basf and the Malaysian Petronas Chemicals Group Berhad (Petronas) have decided to expand their joint venture Basf Petronas Chemicals (Basf–Petronas) with a world-scale integrated aroma ingredients complex at Gebeng, near Kuantan, on the east coast of the Malaysia peninsula. Through their Basf–Petronas joint venture,Basf and […]
Dana reached agreement with Sharjah Emirate on Zora The Sharjah-based private company Dana Gas (Dana) managed to reach an agreement with the authorities of the Sharjah and Ajman Emirates in the United Arab Emirates (UAE) regarding the offshore development of the Zora gas field in the Sharjah Western Offshore concession. In 2008, Dana was awarded by […]
Lekoil to join YFP, Chevron and Vitol in Block OML 113 The local junior company Lekoil Ltd (Lekoil) signed a Sales and Purchase Agreement (SPA) with Panoro Energy (Panoro) from Norway to acquire its stake of the Aje project in the Oil Mining Lease 113 (OML 113). This transaction will apply to 6.502% of the […]
Shell Batangas LNG project to go to FEED stage The Royal Dutch Shell Plc (Shell) is moving on the front end engineering and design (FEED) stage on the Batangas LNG import terminal project in Philippines. Working on this project for some years, Shell completed the feasibility study to build a floating storage and regasification unit (FSRU) […]
PDVSA to increase heavy crude oil refining capacity The consortium made of Hyundai Engineering & Construction Corporation Ltd (Hyundai) from South Korea and Wison Engineering Corporation Ltd (Wison) from China selected Technip from France to supply two hydrogen reformers for the Venezuela national oil company (NOC) Petroleos de Venezuela SA (PDVSA) Puerto La Cruz Refinery project. […]
Petronas FLNG-2 to require MEG additional module The El Dorado, Arkansas-based, Murphy Oil Corporation (Murphy) and the Malaysian national oil company Petronas are revising upward the design of their floating liquefied natural gas (FLNG) vessel for the development of the Block H, offshore Sabah in Malaysia. Since 2007, Murphy accumulates natural gas discoveries in the Block […]
Sabic and MRC to build the world largest MMA plant The Saudi Basic Industries Corporation (Sabic) and the Mitsubishi Rayon Company (MRC) are preparing the call for tender for two chemical facilities to be added in Sabic al-Jubail existing chemical plant. In August 2009, Sabic and Mitsubishi Rayon had signed a letter of intend (LOI) to prepare […]
ILF won South-Sudan export pipeline feasibility study The German-based ILF Consulting Engineers (ILF) has been awarded by the Ministry of Petroleum and Mining a contract to perform the feasibility study on export pipeline projects out of the Republic of South Sudan. By this contract ILF is expected to analyze and compare the alternative routes to export […]
