Independent Companies
Independent companies definition. Independent companies refer to Oil & Gas and Petrochemical operators that are neither international oil companies (IOCs) nor national oil companies (NOCs).
Tullow
Prosperous New Year 2018
Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.
Premier Oil and KUPFEC to develop Bream – Mackerel offshore Norway
Sevan completed Bream-Mackerel FPSO pre-FEED The London-based junior company Premier Oil Limited (Premier Oil) and its partners, the State-owned Kuwait Foreign Petroleum Exploration Company KSC (KUFPEC) and the FTSE-listed Tullow Oil (Tullow), are on the point to select the conceptual design to be used for the development of the Bream and Mackerel oil and gas fields offshore …
Premier Oil and KUPFEC to develop Bream – Mackerel offshore Norway Read More »
One Day – One Country: Northern Gulf of Guinea
Ghana – Nigeria Key Projects and Business Highlights Around the Gulf of Guinea, Ghana and Nigeria appeared as the most active countries during the first half 2013 with upstream and downstream projects led by international and national companies such as Anadarko Petroleum (Anadarko), Eni, Ghana National Petroleum Corporation (GNPC), Kosmos Energy (Kosmos), Lekoil Ltd (Lekoil), Sabre Oil and Gas (Sabre), Total, Tullow Oil plc (Tullow), …
Tullow to reach final investment decision in Mauritania Gas-To-Power
Xodus completes FEED on Banda Gas production The Houston-based engineering company Xodus Group (Xodus) is currently completing the front end engineering and design (FEED) work for the development of the offshore Banda gas field as the upstream part of the Mauritania Gas-To-Power project. In a similar scheme to the Kudu Gas-To-Power project in Namibia, Tullow …
Tullow to reach final investment decision in Mauritania Gas-To-Power Read More »
CNOOC, Total and Tullow move on Uganda Kingfisher project
Kingfisher to lead Lake Albert and refinery projects After resolving tax and refinery disagreements between Tullow Oil plc (Tullow) from UK, Total from France, the China National Offshore Oil Corporation (CNOOC) from China and the Uganda Government, the Kingfisher project is ready to take off. The Kingfisher project is to develop the previously called Block-3A …
CNOOC, Total and Tullow move on Uganda Kingfisher project Read More »
Tullow nears development decision on Namibia Kudu Gas-To-Power
After years delay Tullow wants Kudu money back After years of uncertainty and delays, the London-based Tullow Oil plc (Tullow) and its partners, Itochu Corporation (Itochu) from Japan and the National Petroleum Corporation of Namibia (Namcor), are decided to move the Kudu Gas-To-Power project ahead in Namibia. Located 130 kilometers offshore the Namibia coast, the …
Tullow nears development decision on Namibia Kudu Gas-To-Power Read More »
Tullow approaches decision on Ghana TEN FPSO project
Modec and SBM in competitive FEED final for TEN The UK-based Tullow Oil plc (Tullow) and its partners Kosmos Energy (Kosmos) from USA, Anadarko Petroleum (Anadarko) from USA, Sabre Oil and Gas (Sabre) from USA, and the local Ghana National Petroleum Corporation (GNPC) are approaching the time for decision on the design contest between Modec …
Tullow approaches decision on Ghana TEN FPSO project Read More »
Ghana to vote on local content regulation before year end
Eni discoveries trigger debate on upstream localization In September 2012, the Italian national oil company Eni and its partners, Vitol from The Netherlands and the Ghana National Petroleum Company (GNPC), made the first oil discovery in the Offshore Cape Three Point (OCPT) block in the Tano Basin about 50 kilometers offshore Ghana. The exploration and …
Ghana to vote on local content regulation before year end Read More »