vessels
Sete Brasil secured financing for nine first drilling ships Sete Brasil Participacoes SA (Sete Brasil) secured $3.7 billion loan to finance the first series of nine drilling rigs out of its $20 billion capital expenditure program for the construction of 29 rigs required by Petroleo Brasileiro (Petrobras) to develop the pre-salt crude oil in the […]
Sui Southern Gas in $1.4 billion deal with Engro Vopak The Pakistan midstream Sui Southern Gas Company (SSGC) is in final talks with the joint venture Engro Vopak Terminal Limited (EVTL) to build and operate a large greenfield liquefied natural gas (LNG) import terminal at Port Qasim near Karachi in Pakistan. In parallel the Pakistan […]
Australia Key Projects and Business Highlights The first half of year has rang in Australia as a fresh wake up call on early morning when the major companies having interests in this country such as Apache, BG, BHP Billiton, Chevron, ExxonMobil, China National Petroleum Corporation (CNPC or PetroChina), Inpex, Shell, Total and even Woodside started to blow […]
Gazprom accelerates its export LNG terminal projects After the expansion of the Sakhalin-2 LNG project and the future Vladivostok LNG project on the east coast, the Russian gas leader Gazprom is looking west and investigating solutions to substitute the challenging Shtokman project in reviving the old Baltic LNG project on the Gulf of Finland. Among all the […]
Anadarko combines subsea and FPU in Rovuma Area-1 The Houston based Anadarko Petroleum (Anadarko) and its partners Mitsui E&P (Mitsui), BPRL Ventures Mozambique B.V. (BPRL), Videocon Mozambique Rovuma (Videocon), PTTEP and ENH, are exploring all the potential solutions for the offshore part of its liquefied natural gas (LNG) project in the area-1 of the Rovuma Basin Offshore Mozambique. Since 2011, Anadarko accumulated major discoveries in the Area-1 […]
Rosneft and ExxonMobil to export LNG from Russia During a visit in April on the Sakhalin-1 facilities, Rosneft Chief Executive Officer Victor Sechin announced his intention to export liquefied natural gas (LNG) from Russia in joint venture with his partner ExxonMobil in Sakhalin-1 on the far east of Russia. Mr Sechin indicated that this Russia […]
ExxonMobil, Woodside, Statoil ready to board on FLNG Earlier this month, ExxonMobil and its partner BHP Billiton (BHP) unveiled their project to introduce their first floating liquefied natural gas (FLNG) vessel as the remedy to stop the costs inflation of its Scarborough natural project offshore Australia. A week later, the Australian company Woodside Petroleum (Woodside) […]
SBM and Modec to charter three FPSOs to Petrobras The Brazil national oil company Petrobras signed with SBM Offshore (SBM) from The Netherlands two chartering contracts for floating production, storage and offloading (FPSO) vessels to substitute the P-66 and P-67 FPSOs currently in construction and planned for the Lula field. These contracts with SBM come in […]
