Shell
Chevron additional reserves credit Gorgon Expansion While Chevron continues to harvest natural gas discoveries in the Greater Gorgon area offshore Western Australia, its partners ExxonMobil and Shell review the costs estimates for the liquefied natural gas (LNG) Train 4 of the Gorgon Expansion project. When Chevron and its partners made the final investment decision (FID) to […]
Woodside and Shell closed deal on FLNG technology On April 30th 2012, Woodside Petroleum (Woodside) and Shell, its partner in the Browse project of liquefied natural gas (LNG), signed an agreement on the technology for the floating LNG (FLNG) vessels that might be used to develop Browse. In addition to Woodside and Shell, the Browse project involves […]
Saudi Aramco to develop Jizan Port and Power plant In order to ensure the development of the $7 billion Jizan refinery in the south of Saudi Arabia and its commercial operations expected to start in 2016, the Kingdom of Saudi Arabia has decided to concentrate in the hands of the national oil company, Saudi Aramco, […]
Shell to compare FPSO with tie-back on Gumusut The Netherlands-based major company Shell is investigating through its joint venture Brunei Shell Petroleum (BSP) the optimized solution to develop the Geronggong oil field offshore the Sultanate of Brunei Darussalam (Brunei). Located 100 kilometers offshore Brunei by a water depth of 1,000 meters, the Geronggong oil field […]
Tortue discovery paves Harvest way to Dussafu FPSO The Houston-based Harvest Natural Resources (Harvest) and its partner Panoro Energy (Panoro) from Norway hit pre-salt crude oil again with the Tortue discovery in the Dussafu Marin License offshore Gabon. This success paves the way to Harvest and Panoro to consider the floating production, storage and offloading […]
ExxonMobil, Woodside, Statoil ready to board on FLNG Earlier this month, ExxonMobil and its partner BHP Billiton (BHP) unveiled their project to introduce their first floating liquefied natural gas (FLNG) vessel as the remedy to stop the costs inflation of its Scarborough natural project offshore Australia. A week later, the Australian company Woodside Petroleum (Woodside) […]
RiCoal selected Rostov for its Petrochemical complex The Russian joint venture RiCoal Chemical Coal Plant (RiCoal) is planning to build a world-scale Coal-to-Olefin and petrochemical complex in Rostov-on-Don in the south of Russia. Estimated to require $2.5 billion capital expenditure, RiCoal selected Rostov-on-Don location because of available coal and natural gas available in the region and […]
Maersk awards Tyra Southeast production platform AP Moeller – Maersk (Maersk) and its partners in the Danish Underground Consortium (DUC), Shell, Nordsofonden and Chevron have decided to invest $800 million capital expenditure in a new offshore platform at the Tyra Southeast oil and gas field. Located approximately 200 kilometers offshore the west coast of Denmark […]
