Fujairah builds the third world biggest oil storage hub The Strait of Hormuz is channelizing 35% of the global oil maritime traffic. In a context of increasing tension with the neighboring Iran, Fujairah in the UAE is developing one of the biggest oil storage and export terminal in the world. The storage capacity of the […]
Fujairah targets 13.3 m cubic meters oil storage in 2015. Read More »
Definition Liquefaction refers to the physical transformation of gas into liquid. In the oil and gas industry this liquefaction of gas may be processed just by compression, just by refrigeration, or both in combination depending on the gas. Comments In most of the cases the gas liquefaction is performed for storage and transportation purpose. Previous
Foster Wheeler and Sofcon completed the FEED Foster Wheeler and its local partner A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON) have completed the Front End Engineering and Design (FEED) for the Saudi Aramco Riyadh Refinery Clean Transportation Fuel project. In April 2011, Foster Wheeler’s Global Engineering and Construction Group and A. Al-Saihati, A.
Saudi Aramco to tender $1 billion Riyadh Refinery EPC contracts Read More »
PetroChina to secure its oil supply chain from Athabasca Fort McMurray to Kitimat, BC Step by step the China National Petroleum Company (CNPC or PetroChina), is putting in place all the pieces of its upstream puzzle from Athabasca, Alberta oil sands fields to Kitimat, BC. In 2011, PetroChina payed $1.9 billion capital expenditure to Athabasca Oil
PetroChina selects WorleyParsons for MacKay River and Dover projects Read More »
Definition SAGD is the acronym of Steam Assisted Gravity Drainage. The Steam Assisted Gravity Drainage is a process to produce oil from tar-sands. Comments The SAGD process has been developed in Ontario, then in Alberta by Imperial Oil (ExxonMobil) in the years 1970s. Canada holds the most important reserves of extra heavy crude oil, also called
ENI and GDF-Suez combine FEED and EPC bids to speed up Indonesian Muara Bakau development After the successfully appraisal of the Jangkrik natural gas discovery, ENI and GDF-Suez intend to speed up the development of the Muara Bakau PSC, Kutei Basin, East Kalimantan, Indonesia. Overall, in Indonesia, ENI is very active as it holds working interests
ENI and GDF-Suez call for tender on $2 billion Jangkrik Read More »
Atum discovery proves Rovuma prolific to Anadarko The Atum natural gas field is located approximately at 16 killometers distance from the previous Golfinho discovery to the Northwest within the Offshore Area 1 of the Rovuma Basin. In the Offshore Area 1 of the Rovuma basin, Anadarko Petroleum Company (Anadarko) and its partners share working interests as:
Anadarko harvests new gas reserves offshore Mozambique Read More »
Definition BOP is the acronym of Blow Out Preventer or Blowout Preventer. The Blow Out Preventer (BOP) is a safety equipment to prevent the well to blowout. Designed and engineered for high oil and gas pressures, it is installed on the top of the well casing to contain anything to pass through and generate sub-sea leakages
SBM will supply, lease and operate a converted FPSO The Fram field is located in United Kingdom continental Shelf (UKCS) including the Blocks 29/3c, 29/4c, 29/8a and 29/9c in the central North Sea, around 220 km east of Aberdeen, Scotland, UK, in a water depth of approximately 97 m. These blocks are jointly owned by
Liard Basin tops best shale gas fields in North America The Houston, Texas-based, Apache Corporation (Apache) announced the shale gas Liard Basin in British Columbia (BC), Canada, to contain 48 trillion cf of marketable natural gas. In addition the tests performed by Apache through three wells have reported that the shale gas of the Liard Basin is among “the
BC Liard Basin may justify Apache to double Kitimat LNG Read More »
