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Saudi APC to join SK Gas in $900 million South-Korea Ulsan Propylene

APC and SK Gas selected CB&I licence for Ulsan PDH The downstream industrial group Advanced Petrochemical Company (APC) from Saudi Arabia and the midstream company SK Gas Corporation Ltd (SK Gas) from South-Korea signed a memorandum of understanding (MOU) to build a propane dehydrogenation (PDH) plant in Ulsan on the southwest coast of South Korea. Headquartered …

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Dialog and Vopak on track with Malaysia Pengerang LNG Terminal

Dialog-Vopak to feed Petronas Pengerang power plant The Malaysian Dialog Group Berhard (Dialog) and the Rotterdam-based Royal Vopak (Vopak) are preparing the final investment decision (FID) on the Pengerang LNG Terminal project in the Johor Province at southern Peninsular Malaysia while the local engineering company Anewa is completing the construction of the first phase of …

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New Angola discoveries to boost Eni Block 15/06 projects

Eni to replicate West Hub FPSO for East Hub FPSO The Italian major company Eni and its partners SSI Fifteen Ltd (SSI Fifteen), Sonangol, Total, Falcon Oil Holding Angola SA (Falcon) and Statoil made two significant discoveries in the deep water of the Block 15/06 offshore Angola that should boost the deployment of the floating …

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ONGC finalizes scope of work for offshore India Bassein Expansion

ONGC may re-tender Bassein Expansion EPC contract The national oil company (NOC), Oil & Natural Gas Corporation (ONGC) is considering on last minute to rethink the scope of work for its Bassein Expansion project offshore India. Although the Bassein Development project has reached its final bidding stage to award the engineering, procurement and construction (EPC) …

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Sinopec starts giant Batan PT West Point Terminal project in Indonesia

Will Sinopec trigger Indonesia new refineries projects? The world largest refining company Sinopec from China has decided to build the largest oil storage terminal in Southeast Asia at the Batam Free Trade Zone in Indonesia. With a storage capacity of 16 million barrels of crude oil and refined products Sinopec is planning to invest $850 million …

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One Day – One Country: Southern Gulf of Guinea

Cameroon – Congo – Equatorial Guinea – Gabon Key Projects and Business Highlights  On the Southern part of the Gulf of Guinea, Cameroon, Congo, Equatorial Guinea and Gabon saw major projects moving forward on the first half 2013 at the initiatives of major and junior companies involving Chevron, Compania Nacional de Petroleos de Guinea Ecuatorial (GE Petrol), …

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Chevron intends to stay in the lead in Thailand with Ubon project

Chevron and partners pre-qualify contractors for Ubon The US super major Chevron and its partners, the Thailand national oil company PTT Exploration and Production Public Company Ltd (PTTEP), Hess from USA and Mitsui Oil (Mitsui) are currently running the pre-qualification process to select the contractors to be invited to bid (ITB) for the construction of …

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Petronas moves forward on RAPID Petrochemicals despite delays

Petronas calls for tender RAPID Package 8 EPCC The Malaysia national oil company (NOC) Petronas has sent the invitation to bid (ITB) to the pre-qualified engineering companies for the Package 8 of the Refinery And Petrochemicals Integrated Development (RAPID) project despite the one year delay announced earlier. With an estimated $20 billion capital expenditure, the …

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Brunei Shell Petroleum to call for EPC bid on Champion waterflood project phase 1

BSP to tender 6 platforms for Champion enhancement Brunei Shell Petroleum (BSP) is preparing the call for tender (CFT) for the first phase of the Champion waterflood project to boost the production of this old oil and gas field offshore Brunei.  Champion is the largest oil and gas field in the Sultanate of Brunei representing 40% …

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