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Project Feasibility study

Shell do not revise its offer on Cove Energy against PTT Last February, Shell Exploration and Production B.V.(Shell) had made an offer on  to take over Cove Energy (Cove), then the Thai National Oil Company (NOC), PTTEP came into the game with the counter offer. After different bids, both companies maintained their conditions, Shell at $0.220 per share and PTTEP at $0.240 while Coves‘ […]

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Definition HVDC is the acronym of High Voltage Direct Current. HVDC refers to a technology to transmit high electric power across long distances, typically several hundreds kilometers Comments The modern form of HVDC transmission uses technology developed extensively in the 1930s in Sweden by ABB. Early commercial installations included one in Russia in 1951 between Moscow […]

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Wentworth leads consortium with Cove Energy and Maurel & Prom The Dubai-based Wentworth Resources (Wentworth) is an independent oil and gas company with natural gas production and a committed exploration program in the Rovuma Basin of southern Tanzania and northern Mozambique. Wentworth and its concession partners Cove Energy (Cove) and Maurel & Prom own a gas […]

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Gazprom and Novatek to boost Yamal giant fields development  The Yamal Peninsula and the near by Gydan Peninsula concentrate among the biggest reserves of natural gas and condensate in the world. The exploration of the Yamal Peninsula and offshore area around has disclosed 11 natural gas  and 15 oil, natural gas  and condensate fields with approximately:  – 16 trillion cubic […]

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Daelim signed MOU for Petrolimex $4.8 billion refinery Actually Vietnam has just one major refinery, the $2.2 billion Dung Quat complex with a capacity of 130,500 b/d and is working on the $7.5 billion Nghi Son refinery. In order to meet its domestic demand by 2020, Vietnam would need 600,000 b/d capacity  in respect with the […]

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BASF to build butadiene extraction plant in Antwerp The butadiene is a monomer and used as an important chemical intermediate to produce elastomers and thermo­plastics, such as synthetic rubbers, latex, acrylonitrile butadiene styrene copolymer and polyamide. The tire industry is the main consumers of butadiene. Other applications for butadiene include paper chemicals and plastics production. BASF is […]

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