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Petrobras, BG and Repsol-Sinopec Brazil to lease Carioca FPSO

Petrobras to send invitations to bid on Carioca FPSO Petrobras and its partners, BG Group (BG) and Repsol–Sinopec Brazil, are preparing the invitation to bid (ITB) to be sent to the charter companies for the lease of a floating, production, storage and offloading (FPSO) vessel at Carioca in the Santos Basin. Originally the Carioca FPSO was […]

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Rosneft and Mitsui to develop Russia FEPCO petrochemical project

Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and petrochemical giant OJSC NK ROSNEFT (Rosneft) and the Japanese conglomerate Mitsui & Co., Ltd (Mitsui) inked a memorandum of understanding (MOU) to develop

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Browse Floating LNG project takes shape offshore Australia

Woodside and Shell closed deal on FLNG technology On April 30th 2012, Woodside Petroleum (Woodside) and Shell, its partner in the Browse project of liquefied natural gas (LNG), signed an agreement on the technology for the floating LNG (FLNG) vessels that might be used to develop Browse. In addition to Woodside and Shell, the Browse project involves

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Saudi Aramco to take over major infrastructures in Jizan Economic City

Saudi Aramco to develop Jizan Port and Power plant In order to ensure the development of the $7 billion Jizan refinery in the south of Saudi Arabia and its commercial operations expected to start in 2016, the Kingdom of Saudi Arabia has decided to concentrate in the hands of the national oil company, Saudi Aramco,

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Marathon deploys gas development program in Equatorial Guinea

Heerema won Alba third compression platform EPCI In April 2013, the Houston-based Marathon Oil Corporation (Marathon) and its partners, Noble Energy (Noble) and the Compania Nacional de Petroleos de Guinea Ecuatorial (GE Petrol) awarded the engineering, procurement, construction and installation (EPCI) contract to Heerema Fabrication Group (HFG) for the Alba PSC B3 gas compression platform. To

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Jiangsu Sailboat Petrochemicals to build world-scale Methanol-To-Olefin

Ineos-UOP to provide MTO technology license The Chinese Jiangsu Sailboat Petrochemical Company Ltd (JSPCL) selected the Ineos and Honeywell’s UOP technology for its world-scale methanol-to olefin (MTO) project planned at Lianyungang, in the north of the eastern province of Jiangsu in China. JSPCL belongs to the large Jiangsu Shenghong Group, listed among the top 500 Chinese

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Brunei Shell Petroleum evaluates options for Geronggong development

Shell to compare FPSO with tie-back on Gumusut The Netherlands-based major company Shell is investigating through its joint venture Brunei Shell Petroleum (BSP) the optimized solution to develop the Geronggong oil field offshore the Sultanate of Brunei Darussalam (Brunei). Located 100 kilometers offshore Brunei by a water depth of 1,000 meters, the Geronggong oil field

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After awarding Upper Zakum Abu Dhabi moves on Umm al-Dalkh

Zadco to prepare call for tender on Umm al-Dalkh After awarding Upper Zakum EPC-2 contract to Petrofac, the Abu Dhabi Zakum Development Company (ZADCO) is preparing the invitation to bid (ITB) for the development of Umm al-Dalkh, offshore Abu Dhabi in the United Arab Emirates. On April 11th, 2013,  ZADCO awarded the engineering, procurement and

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Tortue smiles at Harvest Natural Resources in Gabon

Tortue discovery paves Harvest way to Dussafu FPSO The Houston-based Harvest Natural Resources (Harvest) and its partner Panoro Energy (Panoro) from Norway hit pre-salt crude oil again with the Tortue discovery in the Dussafu Marin License offshore Gabon. This success paves the way to Harvest and Panoro to consider the floating production, storage and offloading

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