Propylene
Total to provide CPI with Coal-To-Olefins technology The French major company Total and the local utility China Power Investment Corporation (CPI) have received the approval from the China National Development and Reform Commission to develop Inner Mongolia $4 billion coal-to-olefins (CTO) petrochemical complex in China. Established in 2002, CPI is ranked as the fifth largest power […]
Chevron to tender Ubon Offshore Platform and FPU The California-based company Chevron and its partners, PTTEP from Thailand, Hess from USA and Mitsui Oil (Mitsui) from Japan are preparing the calls for tender for the main engineering, production and construction (EPC) contracts to be awarded for the development of the offshore Ubon project in Thailand. […]
Emirates LNG to replace FSRU by land-based terminal The Abu Dhabi-based companies Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) have decided to stop the just starting first phase of the Emirates LNG project in Fujairah, United Arab Emirates (UAE), to rethink the whole concept of this liquefied natural gas (LNG) import and […]
Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal as part of the Vaca […]
Texas LNG to develop new LNG toll business model The Houston-based Texas LNG LLC (Texas LNG) is planning to replicate a mid-sized of the Norwegian Statoil Snohvit LNG concept to introduce in the US market a new business model to export liquefied natural gas (LNG) at low costs. In 2007, Statoil and its partners started the […]
Enterprise and Oiltanking signed 50 years Agreement The US-based midstream companies Enterprise Products Partners LP (Enterprise) and Oiltanking Partners partners LP (Oiltanking) entered in a 50 years agreement to support the additional expansion of the existing liquefied petroleum gas (LPG) terminal sited along the Houston Ship Channel in Texas, USA. By this agreement, Oiltanking will […]
Total to award MLJS Expansion EPC packages The French Major company Total and its partners, Shell from The Netherlands and the local Petroleum Brunei (PB) are on the point to award the engineering, procurement and construction (EPC) contracts for the development of the Maharaja Lela Jamalulalam South (MLJS) project offshore Brunei. Lying in the Block […]
Aramco to begin with Ahmar-1 gas field development In 2012 Saudi Aramco discovered the Ahmar-1 field of non-associated gas in the deep water of the Red Sea approximately 24 kilometers northwest of Duba in the Tabuk Province on the west coast of Saudi Arabia. In following Saudi Aramco announced $25 billion capital expenditure in exploration production […]
