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Oman Oil in progress with Sohar Petrochemical complex project

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Takamul to call for tender Sohar PTA and PET projects The joint venture Oman International Petrochemical Industry Company (OIPIC) between the State-owned companies Takamul Investment Company (Takamul), Oman Oil Company (OOC) and the South Korean LG Corporation (LG) is preparing the call for tender to invite engineering companies to bid for the engineering, procurement and […]

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Gazprom and Petrohemija to boost Serbia refining and petrochemicals

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Gazprom to upgrade NIS Pancevo refinery The Russian giant JSC Gazprom Neft (Gazprom) is planning to upgrade the Naftna Industria Srbije (NIS) refinery located in Pancevo on the east of Belgrade, Serbia. The NIS refinery results from a joint venture between Gazprom, the Republic of Serbia (Serbia) and minority stakeholders share the working interests such

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Santos submitted referral for Australia Narrabri Gas Project

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Narrabri CBM to supply New South Wales gas market On November 2014, the Adelaide-based independent oil and gas company Santos Ltd (Santos) and its partner EnergyAustralia ltd submitted an Environment Protection and Biodiversity Conservation (EPBC) referral to the Commonwealth Government for the environmental assessment of its Narrabri coal bed methane (CBM) project in the New South Wales (NSW) Gunnedah

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Eni and Anadarko in expectation for Mozambique LNG projects

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New Mozambique President to guide projects decisions The Italian major company Eni Spa (Eni) and the Houston-based independent company Anadarko Petroleum Corporation (Anadarko) are now expecting from the Presidential elections to speed up the publication of the regulation to guide their final investment decisions (FID) on their respective Mozambique liquefied natural gas (LNG) projects. Since

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Westlake Chemical extends the list of US ethane cracker projects

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Westlake to expand Louisiana Lake Charles Ethylene While Westlake Chemical Corporation (Westlake) was celebrating the completion of its expansion in Calvert City, Kentucky, the Houston-based company announced a new project with the expansion of its historical Lake Charles ethylene plant in Louisiana, USA. Originally established in 1986 in Louisiana with a low density polyethylene plant

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BP and PLN gas agreement triggers Tangguh Expansion Project

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BP to go for FEED on Indonesia Tangguh LNG Train-3 The UK-based major company BP and its partners China National Offshore Oil Corporation Muturi Ltd (CNOOC), Mitsubishi–Inpex Berau BV (Mitsubishi–Inpex), Nippon Oil Exploration Berau Ltd ( Nippon Oil), KG Berau Petroleum Ltd (KG Berau) in joint venture with KG Wiriagar Petroleum Ltd (KG Wiriagar), Indonesia

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SAGE to build Middle-East To India Deepwater Gas Pipeline

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South Asia Gas Enterprise at work on 1,300 km MEIDP The Indian joint venture South Asia Gas Enterprise Pvt Ltd (SAGE) is now preparing the front end engineering and design (FEED) for its deepwater transnational gas pipeline called Middle-East to India Deepwater Pipeline (MEIDP) to import gas from Iran and Oman into India. Despite its own

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Sasol makes final decision in US Lake Charles ethane cracker

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Sasol Louisiana complex triples US chemical production The South Africa-based refining and petrochemical company Sasol Limited (Sasol) made the final investment decision for the construction of its world-scale ethane cracker and derivatives complex as the expansion of its existing facilities in Lakes Charles, Louisiana, in USA. On very early days, Sasol realized the opportunity of the

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Australia Fisherman Landing LNG project in the move again

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Gladstone LNG and Tri-Star signed gas supply deal The Australia-Fisherman registered company Liquefied Natural Gas Ltd (LNG Ltd) signed through its wholly-owned subsidiary Gladstone LNG a non-binding memorandum of intent (MOI) with the Texas-based Tri-Star Petroleum Company (Tri-Star) for the gas supply to feed its Fisherman Landing Liquefied Natural Gas (FLLNG) project near Gladstone in

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Consequences of barrel prices on Oil & Gas and Petrochemical projects

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What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical projects that could be cancelled

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