Turkey
Shah Deniz Stage-2 to go for Full Field Development The London-based BP and its partners, Statoil from Norway, the State Oil Company of Azerbaijan (SOCAR), Total from France, Lukoil from Russia, the National Iran Oil Company (NIOC), and Türkiye Petrolleri Anonim Ortaklığı (TPAO) from Turkey, have made the final investment decision (FID) for the Shah Deniz […]
Iraq Key Projects and Business Highlights The first half 2013 saw positive changes in Iraq with all the companies increasing the production of crude oil and natural gas, and with most of the international oil companies (IOCs) such as BP, Chevron, ExxonMobil, Petronas, Shell, Total proceeding to successful diplomatic moves either in signing farm-in agreements […]
Azerbaijan Key Projects and Business Highlights With giant projects such as Azeri-Chirag-Guneshli (ACG), the Baku-Tbilisi-Ceyhan (BTC) pipeline, and the Shah Deniz Phase-2, Azerbaijan has joined the largest producing countries of natural gas. The reserves of the Caspian Sea offshore Azerbaijan have attracted all the major companies BP, Inpex, Chevron, Itochu, Hess, Statoil , Total or Turkish Petroleum among others. […]
Shah Deniz-2 partners selected TAP over Nabucco The Shah Deniz-2 partners, BP from UK, Total from France and the State Oil Company of Azerbaijan (SOCAR) have preferred the Trans-Adriatic Pipeline (TAP) project over Nabucco to export their natural gas from Azerbaijan to Europe. At the scale of these giant projects, TAP offers the shortest and simplest […]
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 […]
From UK to Turkey all Europe is working on shale gas In December 2012, UK made the most noticeable step in Europe when ending the moratorium on fracking process after the Blackpool tremors in 2011. At that time not only UK lifted the fraking ban but also unveiled tax breaks and advertised to become the […]
SNC Lavalin won FEED contract for phase-1 to Aqaba On December 2012, the Iraq Ministry of Oil (MoO) presented in London, UK, Road Show, its Strategic Crude Oil Export Pipeline Infrastructure Project across Jordan, Syria and Turkey. During this London Road Show, the Ministry of Oil also detailed the phase-1 of the Strategic Crude Oil […]
Woodside to become LNG operator in Leviathan December 3rd, 2012, the Australian company Woodside closed a deal with Noble Energy (Noble) representing the Leviathan joint venture to take 30% stake in the giant Leviathan natural gas field. Lying by 1,700 meters deepwater depth at 135 kilometers west from Israel coast, the Leviathan field may contain up to […]
