Oil & Gas
Chevron additional reserves credit Gorgon Expansion While Chevron continues to harvest natural gas discoveries in the Greater Gorgon area offshore Western Australia, its partners ExxonMobil and Shell review the costs estimates for the liquefied natural gas (LNG) Train 4 of the Gorgon Expansion project. When Chevron and its partners made the final investment decision (FID) to […]
CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and Petroleos de Venezuela SA (PDVSA) to take a stake in the Ecuador Refineria del Pacifico project. With a production of 500,000 barrels per day (b/d), Ecuador […]
Freeport LNG Expansion to get approval on H2 2013 After Cheniere Sabine Pass LNG in Louisiana, the Freeport LNG Expansion project in Texas could be the second export of liquefied natural gas (LNG) project to be approved by the US administration. This Freeport LNG Expansion project stands on the second position in the application list at the […]
Mustang-Hejailan completed FEED on Midyan Project Since Mustang–Hejailan completed the front end engineering and design (FEED) contract for the development of the Midyan offshore gas field, Saudi Aramco evaluated the bids submitted for the engineering, procurement and construction (EPC) contract of the Mustang onshore package of the project. Located 135 kilometers northwest of the Port of […]
Dangote to invest $8 billion in new Nigeria refinery The Nigerian billionaire Aliko Dangote announced its project to build a greenfield new refinery in Nigeria in order to compensate current imports. Nigeria is the largest crude oil producer in Africa but is also one of the largest importer of fuels despite the largest installed base […]
Petrobras to send invitations to bid on Carioca FPSO Petrobras and its partners, BG Group (BG) and Repsol–Sinopec Brazil, are preparing the invitation to bid (ITB) to be sent to the charter companies for the lease of a floating, production, storage and offloading (FPSO) vessel at Carioca in the Santos Basin. Originally the Carioca FPSO was […]
Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and petrochemical giant OJSC NK ROSNEFT (Rosneft) and the Japanese conglomerate Mitsui & Co., Ltd (Mitsui) inked a memorandum of understanding (MOU) to develop […]
Woodside and Shell closed deal on FLNG technology On April 30th 2012, Woodside Petroleum (Woodside) and Shell, its partner in the Browse project of liquefied natural gas (LNG), signed an agreement on the technology for the floating LNG (FLNG) vessels that might be used to develop Browse. In addition to Woodside and Shell, the Browse project involves […]
