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India Key Projects and Business Highlights 2014 The Indian oil and gas sector is dominated at 70% by national oil companies (NOCs), the Oil and Natural Gas Corporation (ONGC) and the Oil India Limited (OIL or Oil India) and completed by an active private sector well represented by Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Ltd […]
Petrofac contracted as Block R Development Operator The London-based junior company Ophir Energy plc (Ophir) has appointed the engineering company Petrofac from UK, to support them for the development of the natural gas reserves held in the Block R, offshore Equatorial Guinea on the west coast of Africa. While listed in UK with main operations […]
Eni may run its own fast track on Mozambique LNG The Italian national oil company Eni and its partners China National Petroleum Corporation (CNPC or PetroChina), Kogas from South Korea, Galp Energia from Portugal and Mozambique Emprecia Nacional de Hidrocarbonetos (ENH) are evaluating alternative solutions to develop its Mozambique liquefied natural gas (LNG) project on […]
Emirates LNG to replace FSRU by land-based terminal The Abu Dhabi-based companies Mubadala Petroleum (Mubadala) and the International Petroleum Investment Company (IPIC) have decided to stop the just starting first phase of the Emirates LNG project in Fujairah, United Arab Emirates (UAE), to rethink the whole concept of this liquefied natural gas (LNG) import and […]
ECH to build world largest naphtha cracker at Sokhna Egypt Carbon Holdings, a privately-owned company, is working with several national export credit agencies to expand the financing of its Tahrir Petrochemical project including the world largest naphtha cracker to be installed at Ain Sokhna at the entry of the Suez Channel in Egypt. Originally estimated […]
JGC in the lead for Ras Tanura Offsites & Utilities EPC The Japanese engineering company JGC Corporation (JGC) is leading the discussions with Saudi Aramco for the engineering, procurement and construction (EPC) contract of the Offsites & Utilities in Ras Tanura Clean Fuel and Aromatics project. Located on the East Coast within the Eastern Province, […]
Sabic signed joint venture for Jubail Acrylonitrile Project After years of technical and commercial studies, Saudi Basic Industries Corporation (Sabic), and its Japanese partners, Mitsubishi Corporation (Mitsubishi) and Asahi Kasei Chemicals Corporation (Asahi) signed a joint venture to build the first acrylonitrile and sodium cyanide plant in the Middle-East. In this purpose, Sabic, Mitsubishi and Asahi estblished […]
Pertamina adds six platforms at West Madura Offshore The Indonesia national oil company (NOC) Pertamina and its partner Kodeco from South Korea, are ready to call for bid (CFB) six new platforms to expand the West Madura Offshore (WMO) project offshore East Java in Indonesia. Since the Indonesian Government set to Pertamina the goal to become […]