upstream
Key Projects and Business Highlights If the global economy is running from one dip to another dip wondering which bubble will cause the next one, the Oil & Gas and Petrochemical sector is flying over all these issues with only one concern, how to go faster? This question comes back from all the corners of […]
Oxy and QP to call for tender ISND expansion contracts The US international oil company (IOC) Occidental Petroleum Corporation (Oxy) and the national oil company (NOC) Qatar Petroleum (QP) have approved the Field Development Plan (FDP) for the Idd el-Shargi North Dome expansion (ISND Phase-5) offshore the Qatar peninsula. Since 1994, Oxy is cooperating with QP to […]
Maaden awarded first EPC contract for Ammonia plant The Saudi Arabian Mining Company (Maaden) has awarded the first engineering, procurement and construction (EPC) contract of its giant Phosphates City Project to the South Korean engineering company Daelim Industrial. This first EPC contract is part of the $6 to $7 billion capital expenditure fertilizer project to be developed by the […]
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 […]
Fluor at work on FEED for Sasol US Mega Projects The South African company Sasol is currently proceeding to the selection of the license and technologies required for the olefins and derivatives production units of its integrated gas-to-liquid (GTL) and ethane cracker complex to be built at Lake Charles in Louisiana, USA. With an estimated […]
Chevron to build shale pilot in Neuquen Province The California-based super major Chevron Corporation (Chevron) and YPF from Argentina signed Heads of Agreement to spent $1.24 billion capital expenditure to explore and develop the shale oil and gas in the Vaca Muerta Basin within the Neuquen Province in Argentina. Chevron is operating in Argentina for many […]
Daewoo Engineering wins Akkas Gas processing plant The South Korean Gas Corporation (KOGAS) and the local Iraq National Oil Company (INOC) have awarded to Daewoo Engineering, & Construction Corporation (Daewoo Engineering) also from South-Korea, the engineering, procurement and procurement (EPC) contract for the gas central processing facility (CPF) of the Akkas gas field in the western of […]
Tanesco awards Mtwara Power Plant to Symbion-GE The Tanzania National Electrical Supply Company (Tanesco) signed a $1 billion contract with the US consortium of Symbion Power (Symbion) and the technology company General Electric International (GE) for the team of the Mtwara Power Plant and the expansion of the electrical power national grid in the south […]
