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Petrobras to lease FPSOs to secure Brazil 2017 targeted oil production

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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 […]

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Dow Chemical unveils US Gulf Coast performance plastics projects

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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

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Chevron evaluates new-build against converted FPSO for Angola Lucapa

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KBR to complete FEED on Lucapa new-build FPSO On first quarter 2012, the international oil company Chevron through its local subsidiary Cabinda Gulf Oil Company (Cabinda) and its partners, the national oil company Sonangol, Eni from Italy, Total from France, and Galp from Portugal,  had awarded the front end engineering and design (FEED) contract to

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Saudi Aramco revives Shoaiba Terminal project on Red Sea

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Mustang-Hejailan-DAR-PI signed Shoaiba project FEED Saudi Aramco selected Mustang Engineering and its local partners Faisal Jamel Al-Hejailan Engineering Company (Mustang Hejailan), Dar Al-Riyadh Engineering Consultants (DAR) and Petro-Infrastructure Engineering Consultants Company (PI Consult) for the front end engineering and design (FEED) contract of the Shoaiba Terminal project. Located in the southwest of Saudi Arabia on the Red Sea

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Tullow approaches decision on Ghana TEN FPSO project

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Modec and SBM in competitive FEED final for TEN The UK-based Tullow Oil plc (Tullow) and its partners Kosmos Energy (Kosmos) from USA, Anadarko Petroleum (Anadarko) from USA, Sabre Oil and Gas (Sabre) from USA, and the local Ghana National Petroleum Corporation (GNPC) are approaching the time for decision on the design contest between Modec

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Statoil completed feasibility study on Skrugard and Havis in Barents Sea

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Statoil prepares High North oil exploration in Norway  In February 2013, Statoil and its partners, Eni from Italy and Petoro from Norway, presented the conclusions of their feasibility study for the development of the Skrugard and Havis offshore oil fields in the Norwegian territorial waters of the Barents Sea.  The selected concept depends of course

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Iraq details crude oil pipeline project to Jordan Red Sea

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SNC Lavalin won FEED contract for phase-1 to Aqaba On December 2012, the Iraq Ministry of Oil (MoO) presented in London, UK, Road Show, its Strategic Crude Oil Export Pipeline Infrastructure Project across Jordan, Syria and Turkey. During this London Road Show, the Ministry of Oil also detailed the phase-1 of the Strategic Crude Oil

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Eni and Anadarko in parallel talks for partnership in Mozambique

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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

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