On Friday April 10th, the OPEC members and the non-OPEC oil producing countries, the so-called OPEC+, signed an agreement to cut the crude oil production by 9.7 million barrels per day (b/d).
Read more 14 Apr 2020
OPEC+ Agreement to Speed up Market Dichotomy
Total Qatar Al Khalij Phase-4 to optimize oil production The French major Total SA (Total) and its local […]
Read moreTags: Al Khaleej with 60 wells and an offshore complex of eight platforms, Al Khalij oil field exploration and production offshore Qatar, Al Khalij Phase-4 project, Al Shaheen, Arabic-Persian Gulf, capital expenditure, crude oil production, digital oil field technologies, Dukhan, enhanced oil recovery technologies (EOR), EOR, French major Total SA (Total), Idd Al-Shargi and Bul Hanine, Iran, LNG, Maersk or Occidental Petroleum Corporation Oxy, national oil company (NOC) Qatar Petroleum QP, NOC, North Dome Gas field, Organization of the Petroleum Exporting Countries OPEC, production of associated non-crude liquids, Production Sharing Agreement (PSA), production wells and offshore platforms, proven reserves, PSA, Qatar crude oil fields, Qatar world largest exporter of liquefied natural gas (LNG), QP, Total operator
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Posted in One day - One News, One day - One Project | 1 Comment
What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 […]
Read moreTags: 1000 largest projects upstream midstream and downstream, All investments in the Oil & Gas and Petrochemical projects, Australia, barrel price decrease, barrel price goes down, barrel prices, Call for Tender, capital expenditure, cash-flow capability to finance new projects, Caspian Sea, chemical companies such as Basf Dow Chemical and Ineos, crude oil prices going down, current barrel price evolution in projects decision, engineering companies and contractors, engineering procurement and construction (EPC) contract, EPC, ExxonMobil, FEED, front end engineering and design (FEED) conclusion, Glencore Chairman, heavy crude oil fields, integrated Upstream-Downstream business model, international oil companies (IOCs), light crude and heavy crude markets, light crude oil fields, light crude oil indexes, national oil companies (NOCs), natural gas, NOCs, oil & gas and petrochemical business, Oil & Gas and Petrochemical projects, oil and gas prices, Production Sharing Agreement (PSA), production Sharing agreements, refineries in North America, refining projects, revolution of the US shale gas, Russia, Saudi Arabia, Saudi Aramco, shale oil, Shell, stock exchanges expectations, storage and terminal projects, Tony Hayward former BP CEO, Total, US shale gas development, USA, WTI and Brent barrels prices, WTI and Brent crude oil historically
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Posted in One day - One News, One day - One Project | Leave a comment
KMG joined KPO partners for KEP1 in Karachaganak 3 Through its national oil company (NOC) KazMunaiGas (KMG) Kazakhstan […]
Read moreTags: BG Group (BG), capital expenditure, Caspian Pipeline Consortium CPC pipelines, Chevron, conceptual study, ENI, feasibility study, FEED, Front End Engineering and Design (FEED), high pressure sour gas, Karachaganak Expansion Project (KEP) Stage-1, Karachaganak Expansion Project KEP, Karachaganak Petroleum Operating BV (KPO) joint venture, Karachaganak Phase-2 project, Karachaganak phase-3, Kazakhstan, KEP Stage-1, KEP1 engineering procurement and construction (EPC) contracts, Lukoil, national oil company (NOC) KazMunaiGas KMG Kazakhstan, natural gas exported from Karachaganak field, NOC, oil and gas and condensate field, oil and gas field development Karachaganak phase-3 Kazakhstan, Oil to the Black Sea, Production Sharing Agreement (PSA), re-injected sour gas, Russia, Russia Orenburg gas central processing facilities
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Posted in One day - One News, One day - One Project | 1 Comment
Husky to qualify Madura MDA-MBH FPU bidders Calgary-based Husky Energy (Husky) and its partners, the state-owned China National […]
Read moreTags: barrels of oil equivalent, BOE, Calgary-based Husky Energy (Husky), capital expenditure, drilled the first wells, engineering companies and shipyard, exploration and production of this Madura Block in Indonesia, FEED, floating production storage and offloading (FPSO) vessel., Floating Production Unit (FPU), FPSO, FPU contract, Front End Engineering and Design (FEED), Husky and CNOOC and Samudra, Husky technical requirements and process performances, Indonesian Government, invited to bid ITB for the construction of the floating production unit FPU, low sulfur content, Madura BD, Madura block, Madura gas fields, Madura MDA-MBH FPU, Madura phase-2, Madura Phase-3, Madura projects, Madura Strait of Indonesia offshore East Java, MAX field, MBF field, MBJ MCA and MDK fields, MCA and MDK gas fields, MDA and MBH liquid-rich gas fields, MDA-MBH fields, natural gas and condensate, Natural Gas Liquids (NGL), Production Sharing Agreement (PSA), PSA, Singapore-registered Samudra Energy (Samudra), state-owned China National Offshore Oil Corporation CNOOC, Surabaya in East Java, welhead platform construction
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Petrobras Shell and Total qualify Libra FPSO bidders The national oil company (NOC) Petroleo Brasileiro SA (Petrobras) and its […]
Read moreTags: Agencia Nacional do Petroleo ANP, Block BM-S-11, Brazil government, Camargo Correa, Cantarell field in the Gulf of Mexico, capital expenditure, China National Oil Offshore Corporation or CNOOC, China National Petroleum Corporation or CNPC or PetroChina, converted vessel, crude oil, engineering companies and shipyards, engineering procurement and construction EPC company, exploratory well, extended well tests EWT, floating production storage and offloading (FPSO), FPSO operating companies, invited to bid (ITB), Libra crude oil, Libra FPSO, Libra oil and gas field, Libra Production Sharing Agreement, Mendes Junior, national oil company (NOC) Petroleo Brasileiro SA Petrobras, Odebrecht, offshore pre-salt oil and gas field Libra, oil and gas production, Production Sharing Agreement (PSA), Quieroz Galvao Oil and Gas QGOG, recoverable reserves, Rio de Janeiro, Royal Dutch Shell (Shell) from The Netherlands, Santos Basin of Brazil, Schahin Petroleo, shipyard, subsea salt layers, Total from France, Tupi field, ultra deep water pre-salt field, UTC
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Posted in One day - One Project | Leave a comment
Gazprom and Shell to add third LNG train at Sakhalin II Gazprom and the Royal-Dutch Shell (Shell) met […]
Read moreTags: Baltic LNG, Booster station, Call for Tender, crude oil, front end engineering and design (FEED) work, Gazprom, greenfield Vladivostock LNG project, liquefied natural gas (LNG) train, Memorandum of Understanding (MOU), Mitsubishi Corporation (Mitsubishi), Mitsui & Co (Mitsui), Moscow, offshore oil and gas production platforms, oil and gas production asset, oil export terminal, Onshore pipelines system, Onshore processing facilities, President Putin, Prigorodnoye plant, Production Sharing Agreement (PSA), Royal-Dutch Shell (Shell), Russia, Russian Federation Government, Sakhalin Energy joint venture, Sakhalin II expansion project, Sakhalin II third LNG train project, Sakhalin Island LNG plants, shipment, Sotchi, trains LNG Plant
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Posted in One day - One Project | 2 Comments
DNO and Genel ready for FID on Block Dohuk project The Norwegian independent company DNO and its partners, […]
Read moreTags: Block Dohuk, Block Dohul Phase-1, Business model for oil & gas and petrochemical industry suppliers, CAPEX, capital expenditure, Central Processing Facility, city of Dohuk, completion, CPF, crude oil, crude oil reserves, DNO, Dohuk Power Generation plant, downstream, Engineering Procurement and Construction, EPC, Ethylene, Exploration & Production, ExxonMobil, FEED, feedstock, FID, final investment decision (FID), Front End Engineering and Design (FEED), gas, gas pipeline, Genel, Genel Energy (Genel), heavy crude oil, Iraq, joint venture, KRG, Kurdistan Region, Kurdistan Regional Government, Kurdistan Regional Government (KRG), Market Leadership, Middle East, Midstream, Mosul, natural gas, North of Africa, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil news, Oil&Gas, Olefins, petrochemical complex, Petrochemical projects EPC contracts, pipelines, Production Sharing Agreement (PSA), Project Feasibility study, Propylene, PSA, Refinery, shale gas, Shell, Summail, Summail extension prospects, Summail-1, Summail-1 well, Summail-2, Summail-3, Tawke field., upstream, USA, wells
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Posted in One day - One News, One day - One Project | Leave a comment
KBR completed Tanzania LNG project pre-FEED Since KBR completed the pre front end engineering and design (pre-FEED) work, […]
Read moreTags: BG, BG Group (BG), Business model for oil & gas and petrochemical industry suppliers, CAPEX, capital expenditure, China, completion, crude oil, downstream, drilling, Engineering Procurement and Construction, EPC, EPC contract, Ethylene, Exploration & Production, ExxonMobil, FEED, FEED work, feedstock, FID, final investment decision (FID), floating production and storage unit (FPSU), FPSU, Front End Engineering and Design (FEED), gas, gas pipeline, Indian Ocean, International oil company (IOC), IOC, joint venture, KBR, Lavani, Lavani and Tangawasi wells, liquefied natural gas (LNG) project, LNG project, LNG Trains, Market Leadership, Midstream, Mozambique, natural gas, NOC, Norwegian national oil company (NOC), offshore, offshore Tanzania Block-2 natural gas, offshore Tanzania Block-2 natural gas discoveries Zafarani Lavani and Tangawizi, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil news, Oil&Gas, onshore part, Ophir, Ophir Energy (Ophir), petrochemical complex, Petrochemical projects EPC contracts, pipeline, pipelines, pre-FEED, pre-front end engineering and design (pre-FEED), Production Sharing Agreement (PSA), Project Feasibility study, Propylene, PSA, recoverable resources, Refinery, shale gas, Shell, ship vessels, Statoil, subsea-to-shore solution, Tangawizi, Tanzania, Tanzania Government, Tanzania LNG project., Tanzania Petroleum Development Cooperation TPDC, TPDC, upstream, USA, water depth, wells, willing, Zafarani, Zafarani-1 well
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Posted in One day - One News, One day - One Project | Leave a comment
Shell and Ukraine signed $10 billion deal in Davos Shell‘s Chief Executive Officer, Peter Voser, and Ukraine’s President […]
Read moreTags: appraisal wells, Black Sea, CAPEX, capital expenditure, Chevron, completion, crude oil, Davos, Donetsk and Kharkiv regions, eastern Ukraine, EIA, Energy Information Administration, Engineering Procurement and Construction, ENI, EPC, Exploration & Production, ExxonMobil, FEED, feedstock, France, Front End Engineering and Design (FEED), gas, gas export pipeline, gas pipeline, Gazprom, International Oil Companies, Italy, joint venture, Lviv and Ivano-Frankivsk regions, Market Leadership, Midstream, moratorium, Naftogaz, natural gas, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, Oil news, Oil&Gas, Oleska, Oleska formation, Oleska gas field, onshore liquefied natural gas (LNG) plant, permit to explore and develop offshore fields, Poland, Production Sharing Agreement (PSA), Project Feasibility study, Russia, Russian gas import, shale gas, shale gas licenses, shale gas market in USA, shale gas resources Ukraine, Shell, Shell's Chief Executive Officer Peter Voser, TNK-BP, Ukraine, Ukraine's President Viktor Yanukovich, Ukraine's State Geological Service agency, Ukrainian territorial waters of the Black Sea, unconventional resources development, upstream, US Energy Information Administration (EIA) agency, USA, wells, western Ukraine, World Economic Forum in Davos, Yuzikska, Yuzivska and Olesska shale gas fields, Yuzivska field, Yuzivska gas field development project, Yuzivska license, Yuzivska shale gas field
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