Project Feasibility study
QGEP gauges two FPSO sizes for Atlanta heavy crude The first Brazilian independent oil company Queiroz Galvao Exploration & Production (QGEP) and its partners, OGX Petróleo e Gás Participações S.A (OGX) and Barra Energia do Brasil Petróleo e Gás Ltda (Barra Energia), are currently evaluating two different schemes to develop the offshore Block BS-4 and select the […]
Petronas calls for tender RAPID Package 8 EPCC The Malaysia national oil company (NOC) Petronas has sent the invitation to bid (ITB) to the pre-qualified engineering companies for the Package 8 of the Refinery And Petrochemicals Integrated Development (RAPID) project despite the one year delay announced earlier. With an estimated $20 billion capital expenditure, the […]
Julia phase-1 tied-back to Chevron Jack & St Malo The super major ExxonMobil from USA and Statoil from Norway, made the final investment decision (FID) in April 2013 to start the development of the Julia oil and gas field in the US part of the Gulf of Mexico. Drilled in 2007, 285 kilometers southwest of […]
Oman selects Sohar for a $3.6 billion Plastics Project The Oman Refineries and Petroleum Industries Company (ORPIC) took the opportunity of the Polyolefins Plastics Arabia Conference organized in Muscat in May 2013 to unveil the details of a greenfield world-scale petrochemical complex to be located in Sohar. As most of the Gulf countries, the Sultanate […]
Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in the Angola deep offshore Kwanza […]
Pemex to release Ayatsil call for tender in September The Mexican national oil company, Petroleos Mexicanos (Pemex), selected the concept of the floating, production, storage and offloading (FPSO) vessel to develop its Ayatsil-Tekel discovery in the shallow water of the Campeche Basin in the Gulf of Mexico. Located 130 kilometers northwest Cuidad del Carmen, Ayatsil […]
Fujian Shenyuan selects Air Liquide for coal gasification End of May 2013, Fujian Shenyuan New Materials Co. Ltd (Fujian Shenyuan) selected Air Liquide to build, own and operate a production unit of industrial gases for its Lianjiang caprolactam project in the Fujian Province, China. Fujian Shenyuan is one of the largest producer of nylon fibers […]
E.ON to acquire stake in GDF-Suez Austen (ex Jacqui) On May 30th 2013, the German-based E.ON signed an agreement with the French GDF-Suez to take 25% stake in the Austen discovery in the Central UK North Sea. Until then, GDF-Suez was the solely owner of the working interests in Austen. After the transaction, GDF-Suez will hold 75% […]
