upstream
Samsung to build the world largest FPSO in Nigeria In June 2013, Samsung Heavy Industries Upstream Nigeria converted a letter of appointment (LOA) into firm signed contract with Total Upstream Petroleum Nigeria (TUPNI) for the construction of the world ever largest floating, production, storage and offloading (FPSO) vessel in Nigeria. Samsung Heavy Industries Upstream Nigeria is the […]
QGEP gauges two FPSO sizes for Atlanta heavy crude The first Brazilian independent oil company Queiroz Galvao Exploration & Production (QGEP) and its partners, OGX Petróleo e Gás Participações S.A (OGX) and Barra Energia do Brasil Petróleo e Gás Ltda (Barra Energia), are currently evaluating two different schemes to develop the offshore Block BS-4 and select the […]
Julia phase-1 tied-back to Chevron Jack & St Malo The super major ExxonMobil from USA and Statoil from Norway, made the final investment decision (FID) in April 2013 to start the development of the Julia oil and gas field in the US part of the Gulf of Mexico. Drilled in 2007, 285 kilometers southwest of […]
Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in the Angola deep offshore Kwanza […]
Pemex to release Ayatsil call for tender in September The Mexican national oil company, Petroleos Mexicanos (Pemex), selected the concept of the floating, production, storage and offloading (FPSO) vessel to develop its Ayatsil-Tekel discovery in the shallow water of the Campeche Basin in the Gulf of Mexico. Located 130 kilometers northwest Cuidad del Carmen, Ayatsil […]
E.ON to acquire stake in GDF-Suez Austen (ex Jacqui) On May 30th 2013, the German-based E.ON signed an agreement with the French GDF-Suez to take 25% stake in the Austen discovery in the Central UK North Sea. Until then, GDF-Suez was the solely owner of the working interests in Austen. After the transaction, GDF-Suez will hold 75% […]
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 […]
Horizon and Osaka Gas to ally in Papua New Guinea The Australian Horizon Oil Ltd (Horizon) and the large utility company Osaka Gas from Japan signed a strategic alliance to develop acreage gas fields in Papua New Guinea (PNG) for the production of condensate and liquefied natural gas (LNG). In November 2012, Horizon had announced to […]
