USA
The Dow Chemical Company (Dow) will spend $4 billion in capital expenditure for this ethylene and propylene production facilities in Freeport, Texas, USA. This Olefins project illustrates the previous news about the consequences of the Shale gas to provide long term feedstock at very competitive price to the Downstream activities. As a good example of the relocation into USA of the petrochemical industry, this new ethylene […]
It is not every day that a Major company shakes up its Oil&Gas business model and introduce a new brand to re-position its strategy and consolidate its Market Leadership. But in July 2011, ConocoPhillips had announced to spin off all their Midstream and Downstream activities under the name of Phillips 66. On May 1st, 2012 […]
Oil and Natural Gas Corporation Limited (ONGC), India and ConocoPhillips, USA, have signed on March 30th a Memorandum of Understanding (MoU) to co-operate and develop the shale gas resources in India, North America and elsewhere besides deep water opportunities in Eastern offshore India. The unprecedented growth of shale gas in the USA has generated new hopes […]
When the USA, led by companies like ExxonMobil or Chesapeake, decided to boost the development of shale gas, the world perceived it as a local matter to help this country to reduce its reliance on overseas production countries. Then in 2011, the USA have become already self sufficient in gas, much faster than expected. Until then, […]
IECEx addresses safety issues in the Ex field. The IECEx, the IEC System for Certification for Standards relating to Equipment for Use in Explosive Atmospheres, and ESMA (Emirates Standardization and Metrology Authority), in conjunction with UNECE (United Nations Economic Commission for Europe), have organized the 2012 IECEx International Conference in Dubai, United Arab Emirates, on last 20-21 March 2012. The conference […]
Abu Dhabi’s Zakum Development Company’s (ZADCO) mandate was to develop the Upper Zakum field on behalf of ADNOC and for the benefit of the shareholders: ADNOC 60%, ExxonMobil 28% through its local subsidiary ExxonMobil Abu Dhabi Offshore Petroleum Company Ltd. (EMAD), and Japan Oil Development Company Ltd. (Jodco) holding the remaining 12%. ExxonMobil, ADNOC and Jodco will jointly provide […]
Chevron is planning to spend $3 billion in Indonesia this year where Gengalo and Gehem should take a major part. While Technip is performing the FEED for these two large FPUs, Chevron is completing the qualification process of the potential contractors to receive an invitation to bid (ITB) this quarter. For this FEED , Technip has involved its Jakarta […]
The TPC Group is a leader in C4 and C3 hydrocarbons operating world scale dehydrogenation facilities . Processing 30-40% of the CC4 in North America, TPC has multiple units to extract and produce Butadiene at Houston and Port Neches operating facilities. The company declared to “move forward” with studies to restart two idled production units of on-purpose Butadiene and […]
