South America
Already more than double the 2017 business From the numbers we collected at the end of June, the LNG market has already awarded in 2018 twice more business than the entire 2017 year. At the beginging of the year our market analysis was already promising a boom for 2018 and the figures extracted from www.projectsmartexplorer.com data […]
Oil and Gas and Petrochemical market is booming. On the first quarter 2018, we have seen nearly as much business opportunities awarded than in the entire year 2017. This market upturn is led by the national oil companies (NOCs) and the Independent companies representing 96% of the projects sanctioned on Q1 2018 while the international oil companies (IOCs) nearly disappeared at 6%.
YPFB completed Tarija Ethylene – Polyethylene FEED The wholly state-owned oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is making good progress on its largest petrochemical complex after completing the front end engineering and design (FEED) work for the ethylene and polyethylene units to be built in the Gran Chaco Province within the southern Bolivia Department of […]
Total made final decision to develop Incahuasi gas field The French major company, Total and its partners, Gazprom from Russia and Tecpetrol de Bolivia (Tecpetrol), made the final investment decision (FID) to develop the gas and condensate discoveries from Incahuasi in Bolivia. In a country where the production of natural gas is historically dominated by […]
KBR to provide PurifierTM Ammonia technology Dyno Nobel Louisiana Ammonia LLC, the US subsidiary of Australian group Incitec Pivot Limited (IPL), made the final investment decision (FID) to build a new nitrogen-based fertilizer plant in Louisiana, USA. In order to optimize its $850 million capital expenditure, IPL selected an existing chemical complex in Waggaman, Louisiana, to […]
Rosneft’s Neftegaz signed farm-in agreement with ExxonMobil in Gulf of Mexico deepwater The first week of March gave the opportunity to Rosneft to unveil its objective to go global in multiplying strategic partnerships with leading companies such as ExxonMobil. On March 6th 2013, Rosneft‘s subsidiary Neftegaz America Shelf LP (Nefetgaz) signed with ExxonMobil a Farm-in Agreement […]
Shell and Technip Samsung Consortium closed deal December 13th, 2012, Shell Gas & Power Developments B.V. (Shell) , Technip and Samsung Heavy Industries (Samsung) signed a Heads of Agreement (HOA) to strengthen their cooperation in the floating liquefaction of natural gas (FLNG) facilities. Since 2009, Technip and Samsung cooperate together on the Shell Prelude FLNG project through their […]
China National Offshore Oil Corporation The China National Offshore Oil Corporation (CNOOC) is the Chinese third largest oil and gas company in China after PetroChina (CNPC) and Sinopec. Based in Hong Kong, CNOOC was established in 1999 to develop the offshore resources in complement of PetroChina focusing on the onshore exploration and production and Sinopec […]
