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Technip and WorleyParsons completed the FEED Chevron had awarded the front end engineering and design (FEED) for the development of Gengalo – Gehem project to: – Technip Jakarta office in Indonesia and Houston office in Texas, USA, for the two large Floating Production Units (FPU) package – Worley Parsons Indonesia for the Subsea and Flowline system package. From these FEED performed by Technip and WorleyParsons, the packages are estimated […]
New players to bid against BP, ExxonMobil, Shell and Total With the onshore concessions expiring in 2014 and the offshore ones coming up in 2018, Abu Dhabi, in the UAE, is to rewrite the terms of its producing fields and offer up fresh prospects. The first oil concessions covering all the Abu Dhabi territory were awarded […]
Definition Umbilical refers in the oil and gas industry to the connections used offshore between the subsea equipment and platforms or floating production units and enabling the control from the surface. The umbilicals are made of steel or thermoplastic to be flexible and in the same time to resist to operating conditions. Comments Umbilicals provide control, power, […]
Technip and NPCC win Upper Zakum 750 EPC1 After completing the front end engineering and design (FEED) work, Technip and its local partner National Petroleum Construction Company (NPCC) have been awarded the first EPC package called EPC1 of the Upper Zakum development project in Abu Dhabi, UAE. Upper Zakum project is developed by Abu Dhabi’s Zakum Development Company (ZADCO), a joint […]
CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion on the top of which […]
Definition Petro Arctic is a Norwegian association to promote the potential suppliers willing to participate to the development and operations of the offshore oil and gas projects in North Norway and the Barents Sea. Comments Petro Arctic was created in 1997 to involve local companies in the Snøhvit LNG project. Since then the mission of Petro […]
OMV to replace ExxonMobil in Aasta Hansteen partnership with Statoil and ConocoPhillips Aasta Hansteen field was previously named Luva and is one of the largest field in the Norwegian Continental Shelf (NCS) with a development planned to cost some $5.6 billion (NOK 34 billion) of capital expenditure. Aasta Hansteen is the start of deepwater development in the Norwegian Sea and […]
OMV and Wintershall to appraise Shuwaihat sour gas and condensate field The Abu Dhabi National Oil Company (ADNOC), signed a Technical Evaluation Agreement (TEA) with OMV Abu Dhabi E&P GmbH (OMV) and Wintershall Middle East GmbH – Abu Dhabi (Wintershall) to appraise the sulfur rich sour gas (H2S and CO2) and condensate field in Shuwaihat. This Agreement is […]
