
Saipem
Indonesia Abadi fLNG to learn from Australia Prelude In one way, INPEX Corporation Ltd acquired 17.5% participating interest in the Prelude Floating LNG (FLNG) Project from Shell Development (Australia) proprietary Ltd in order to get the experience to develop the Abadi LNG Project in Masela Block. In the other way, Shell in December 2011 acquired […]
Petronas and Murphy Oil go for FEED on Sarawak fLNG In June, Petronas from Malaysia will qualify only two consortia out of the four pre-qualified groups that have responded to a Call for Tender for a 1.5 million t/y floating liquefied natural gas (fLNG) vessel. The Sarawak fLNG project is to go for exploration & […]
Luberef stands for the Saudi Aramco Lubricating Oil Refining Company created by Saudi Aramco and ExxonMobil. But since 2007, Luberef is a 70/30 joined venture between Saudi Aramco and Jadwa Investment to operate lube oil refineries in Yanbu and Jeddah. With Jeddah and Yanbu refineries, the total Luberef actual capacity runs around 550,000 t/y lubricants, […]
Abu Dhabi’s Zakum Development Company’s (ZADCO) mandate was to develop the Upper Zakum field on behalf of ADNOC and for the benefit of the shareholders: ADNOC 60%, ExxonMobil 28% through its local subsidiary ExxonMobil Abu Dhabi Offshore Petroleum Company Ltd. (EMAD), and Japan Oil Development Company Ltd. (Jodco) holding the remaining 12%. ExxonMobil, ADNOC and Jodco will jointly provide […]
Husky Energy from Canada and CNOOC from China own each of the Madura fields, BD, MDA & MBH, in the Madura Straight on East Java, Indonesia. The remaining 20% belongs to the local Samudra Energy. The Madura BD project is well in progress as decision was made last year to go for a FPSO to process […]
Chevron is planning to spend $3 billion in Indonesia this year where Gengalo and Gehem should take a major part. While Technip is performing the FEED for these two large FPUs, Chevron is completing the qualification process of the potential contractors to receive an invitation to bid (ITB) this quarter. For this FEED , Technip has involved its Jakarta […]