US
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 […]
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 […]
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 […]
KBR to provide PurifierTM Ammonia technology Dyno Nobel Louisiana Ammonia LLC, the US subsidiary of Australian group Incitec Pivot Limited (IPL), made the final investment decision (FID) to build a new nitrogen-based fertilizer plant in Louisiana, USA. In order to optimize its $850 million capital expenditure, IPL selected an existing chemical complex in Waggaman, Louisiana, to […]
Dow to pioneer Argentina first shale gas pilot project The Dow Chemical Company (Dow) from USA and the Argentina national oil company YPF signed a memorandum of understanding (MOU) to develop shale gas in the giant deposit of the Vaca Muerta in the eastern Province of Neuquen. For Dow, the control of the natural […]
Technip completes FEED on Freeport ethylene cracker To optimize the competitive advantage of the US glut of shale gas, the Dow Chemical Company (Dow) is planning to increase locally the number and variety of production units downward its chemical value chain. Presented as early as April 2011, the US Gulf Coast Investment Plan elaborated by […]
Eni ready to sell 20% stake in Rovuma to CNPC Although Eni from Italy and Anadarko Petroleum (Anadarko) from US had decided to team up in the onshore part of Mozambique liquefied natural gas (LNG) project, the both companies are searching for separated partnerships to develop the super-giant natural gas fields of the Rovuma basin. The size and complexity […]
SINOMACH and CPC to build first Cambodia refinery On December 28th 2012, China Perfect Machinery Industry Corp (SINOMACH) and Cambodia Petrochemical Corporation (CPC) made the final investment decision (FID) to build the first crude oil refinery in the Kampong Som Petrochemical Industrial Zone along the southern coast in Cambodia. This $2.3 billion capital expenditure this […]
