Oil & Gas and Petrochemical
ORPIC evaluates bids on Sohar Refinery Expansion In April the Oman Oil Refineries & Petroleum Industries Company (ORPIC) had qualified eight engineering companies to receive the Call for Tender of engineering, procurement and construction (EPC) contract for the Sohar Refinery Expansion project. ORPIC is a national oil company (NOC), wholly owned owned by the Oman […]
PDO Saih Rawl, PDO Zauliyah and BP Khazzam and Makarem lead Oman natural gas development Last August, the national oil company (NOC) Petroleum Development Oman LLC (PDO) awarded the Saih Rawl Depletion Compression Phase 2 (SRDC2) project to Larsen & Toubro from India to provide with the engineering, procurement and construction (EPC) contract. Earlier this month, […]
Definition EOR is the acronym of enhanced oil recovery and refers to all the ultimate technologies to compensate the natural depletion of the oil and gas fields Comments In developing a new oil and gas field, the natural pressure of the reservoir is at its maximum. For the oil fields, this natural pressure combined with […]
BP to develop Khazzan and Makarem in phase 1 BP revised significantly upward its capital expenditure in Oman Full Field Development project from $15 billion to $24 billion. Discovered in the 1990s, the huge reserves of natural gas in Center Oman have been left undeveloped because of the complexity and the potential costs related to […]
BASF FINA Petrochemicals LP and Sabina Petrochemicals to merge into one joint venture The global chemical leader BASF SE, from Germany, and the international oil company Total SA, from France, have decided to merge the assets of the two joint ventures they have in Port Arthur, Texas, USA, to create a new joint venture called […]
Definition Nitrogen Fertilizer refers to one of the most common categories of fertilizers produced out of nitrogen (N) chemical combinations. To be considered as an organic fertilizer, the plant nutrient must contain 5% minimum of nitrogen. Comments Nitrogen is an inert gas representing 78% of the earth atmosphere. As inert gas in the form we breath […]
Shale gas boosts OCI into Iowa biggest investment ever The Iowa Fertilizer Company (IFC) a subsidiary of the Egyptian company Orascom Construction Industries (OCI) made the final investment decision (FID) to build a world-scale fertilizer plant in Iowa, USA. OCI selected the location near Wever, in the Lee County, southeastern Iowa, to develop its greenfield […]
Shell made FID on $2 billion Quest Athabasca CCS project Shell, Chevron and Marathon Oil (Marathon) made the final investment decision (FID) for the Quest CO² Capture Sequestration project through their Athabasca Oil Sands Project joint venture. In order to reduce the carbon footprint of the oil sands exploration and production in the Athabasca Oil […]
