
project
Statoil, ExxonMobil and ConocoPhillips rename Luva project into Aasta Hansteen During the concept selection Statoil estimated the development capital expenditure in the Aasta Hansteen field (formerly named Luva) at some $5.6 billion (NOK 34 billion). With a total hull weight of 45,000 ton, a length of 193 meters and a draught of 170 meters, the Aasta […]
Apache, EOG and Encana lead British Columbia gas development for export The Kitimat LNG project started in 2006 with the signature of a partnership agreement with the Haisla First Nations It took a decisive step forward in 2010 when Apache purchased a majority interest in the proposed project. Today Kitimat LNG is owned: – 40% […]
Advanced and Bayegan to build a new PDH-PP plant Advanced Petrochemical Company (Advanced), a leading Saudi Arabia based producer of petrochemical products, and Bayegan Group (Bayegan), a Turkish international trading company, engaged in petroleum derivatives, petrochemicals and other commodities, announced the signing of a Memorandum of Understanding (MoU) for the development of a joint $ […]
BP, ExxonMobil and ConocoPhillips re-think APP in the light of the Shale Gas develoment The Alaska Pipeline Project (APP) is a joint initiative between TransCanada and ExxonMobil that seeks to build and operate a pipeline system to transport Alaska’s North Slope natural gas resources to markets. TransCanada and ExxonMobil began working together in 2009. Originally, APP was […]
Definition Turnaround is a planned shutdown of any plant where a large number of activities, in terms of various of discipline have to be executed in a specified / predefined duration. Comments In the Oil & Gas and Petrochemical industry most of the plants are designed and built to last more than 30 years and […]