Saudi Arabia
USA Key Projects and Business Highlights 2014 The development of the shale gas in USA has continued to materialized in 2014 regardless the low prices of the local market around $4 per million BTU. The producing companies have fully integrated this situation and we assist to a concentration around the most competitive explorers with costs below […]
Saudi Arabia Projects and Business Highlights 2014 On the last five years, the national oil company (NOC) Saudi Aramco invested mostly in the downstream sector including large grassroot refineries and the largest petrochemical complexes in the world. But on the second half of the year 2014 we could see Saudi Aramco turning back to upstream activities to explorer new resources […]
Takamul to call for tender Sohar PTA and PET projects The joint venture Oman International Petrochemical Industry Company (OIPIC) between the State-owned companies Takamul Investment Company (Takamul), Oman Oil Company (OOC) and the South Korean LG Corporation (LG) is preparing the call for tender to invite engineering companies to bid for the engineering, procurement and […]
What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical projects that could be cancelled […]
Oxy split ISND Expansion project in five EPC packages The state-owned company Qatar Petroleum (QP) and its US partner Occidental Petroleum Corporation (Oxy) are moving forward on the development of the Idd-Al-Shargi North Dome (ISND) fifth phase project offshore the Qatar Peninsula in the Arabic Persian Gulf. Located 90 kilometers east of Doha, Idd-Al-Shargi is […]
Aramco to select two consultants for broader MPP work The national oil company (NOC) Saudi Aramco will select two engineering companies to provide its offshore Maintain Potential Program (MPP) with project management consultancy (PMC) services for the next period starting on 2015. Saudi Aramco Maintain Potential Program is running for years with the mission to manage […]
Foster Wheeler at FEED on MGSE gas compression In October 2013, the national oil company (NOC) Saudi Aramco selected the Swiss-based engineering company Foster Wheeler to perform the front end engineering and design (FEED) work of the compression stations for the Master Gas System Expansion (MGSE) project. To be implemented in phases, the Master Gas […]
Bapco to award Bahrain Refinery FEED and PMC The national oil company (NOC) Bahrain Petroleum Company (Bapco) is currently evaluating the technical and commercial offers submitted by the engineering companies for the front end engineering and design (FEED) and the project management consultancy (PMC) contracts related to the brownfield Sitra Refinery Expansion project in Bahrain. […]
