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India Key Projects and Business Highlights 2014 The Indian oil and gas sector is dominated at 70% by national oil companies (NOCs), the Oil and Natural Gas Corporation (ONGC) and the Oil India Limited (OIL or Oil India) and completed by an active private sector well represented by Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Ltd […]
ONGC to add platforms offshore Daman in Arabian Sea The Indian national oil company (NOC) Oil and Natural Gas Corporation (ONGC) is planning to add platforms on its Tapsi Daman Block to boost the gas and condensate production from the Arabia Sea on the West coast of India. India is the fourth largest energy consumer […]
BP to re-tender Mad Dog 2 FEED on Atlantis concept BP is preparing the second call for tender on the front end engineering and design (FEED) for the Mad Dog-2 offshore platform based on the semi-submersible concept used for Atlantis in the US part of the Gulf of Mexico. Originally BP intended to develop the second […]
Ningbo Fortune selects UOP technology for propylene As an Oriental Energy Corporation Ltd (Oriental Energy) company, Ningbo Fortune Petrochemical Corporation Ltd (Ningbo Fortune) selected the US-based UOP-Honeywell technology for a greenfield project to produce propylene at the port of Ningbo, in the Zhejiang Province, China. Previously named Zhangjiagang Oriental Energy, the company became Oriental Energy in […]
Consol and Range to supply shale gas to Ineos cracker The US-based junior companies Consol Energy Inc. (Consol) and Range Resources Corporation (RRC or Range Resources) signed long term agreements with the Swiss registered petrochemical company Ineos Group AG (Ineos) to import shale gas from the USA to supply its ethylene cracker at Grangemouth complex in […]
Gendalo-Gehem bidders to include Indonesia partners The US major company Chevron and the Italian national oil company (NOC) Eni are reviewing the qualification of the contractors in competition for the floating production and offloading (FPO) vessels required for the development of the Gendalo and Gehem liquids-rich gas fields in the Makassar Strait offshore the East […]
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 […]
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 […]
