upstream
Indorama takes seat in Tacaamol Al-Gharbia Complex The Thai chemical company Indorama Ventures (Indorama) and the local Abu Dhabi National Chemicals Corporation (ChemaWEyaat) signed an agreement to establish the joint venture Abu Dhabi Chemicals Integration Company (Tacaamol) to design and build the first phase of the Madeenat ChemaWEyaat Al Gharbia (MCAG) project in the Western […]
Petrobras on the pace to tender two FPSO per year The Brazilian national oil company (NOC) Petroleo Brasileiro SA (Petrobras) is ready to publish next week the call for tender to charter a new floating production storage and offloading (FPSO) vessel for the development of the Tartaruga Verde and Tartaruga Mestica oil fields offshore the […]
Uzekistan Lukoil Kandym FEED work nears completion The Russia largest privately-owned company Lukoil Oil Company (Lukoil) and the national oil company (NOC) Uzbekneftegas National Holding Company (Uzbekneftegas) are completing the front end engineering and design (FEED) work for the expansion of the Kandym gas field in the Bukhara region, at the center west of Uzbekistan. […]
Total to provide CPI with Coal-To-Olefins technology The French major company Total and the local utility China Power Investment Corporation (CPI) have received the approval from the China National Development and Reform Commission to develop Inner Mongolia $4 billion coal-to-olefins (CTO) petrochemical complex in China. Established in 2002, CPI is ranked as the fifth largest power […]
Chevron to tender Ubon Offshore Platform and FPU The California-based company Chevron and its partners, PTTEP from Thailand, Hess from USA and Mitsui Oil (Mitsui) from Japan are preparing the calls for tender for the main engineering, production and construction (EPC) contracts to be awarded for the development of the offshore Ubon project in Thailand. […]
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 […]
Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal as part of the Vaca […]
Texas LNG to develop new LNG toll business model The Houston-based Texas LNG LLC (Texas LNG) is planning to replicate a mid-sized of the Norwegian Statoil Snohvit LNG concept to introduce in the US market a new business model to export liquefied natural gas (LNG) at low costs. In 2007, Statoil and its partners started the […]
