Project Feasibility study
Adma-Opco evaluates bids for Umm al Lulu EPC-1, Umm al Lulu EPC-2, Sarb EPC-3 and Sarb EPC-4 Abu Dhabi Marine Operating Company (Adma-Opco), a subsidiary of Abu Dhabi National Oil Company (ADNOC) is working on commercial bid for the development of the Umm al Lulu and Satah al Rasboot (Sarb) offshore oil and gas fields. In Abu Dhabi, Adma-Opco is the national […]
ConocoPhillips to merge Offshore experience and Cascade LNG know-how into its first Floating LNG In 1969 the ConocoPhillips Company (ConocoPhillips) pioneered liquefaction of natural gas (LNG) with its first LNG facility in Kenai LNG, Alaska, USA. Then ConocoPhillips optimized its process with a series of world-scale onshore LNG projects, Atlantic LNG, Egyptian LNG, Darwin LNG, Equatorial LNG and Angola […]
Statoil FSU to strengthen Heidrun oil loading system Statoil and its partners, Petoro, ConocoPhillips and Eni, in the Heidrun oil and gas field awarded a new permanent floating storage unit (FSU) to the South Korean engineering company Samsung Heavy Industry (Samsung). Heidrun is an oil and gas field located in the Norwegian North Sea discovered by ConocoPhillips […]
BP hits gas in Egypt Nile Delta Block North El Burg BP and International Egyptian Oil Company (IEOC), the local operating company of the Eni Egypt, confirmed two news gas discoveries, Taurt North and Seth South, in its offshore concession of the North El Burg, in the Nile Delta, Egypt. These findings follow 50 years of […]
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 […]
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 […]
Definition Unconventional oil and gas refers to the oil and gas resources which cannot be explored, developed and produced by conventional processes just in using the natural pressure of the wells and pumping or compression operations. These unconventional crude oil and natural gas are trapped in the pores of sediments rocks called shale Comments Until the 1990s the […]
