The Mubadala Development Company, through its branch Mubadala Oil& Gas and the International Petroleum Investment Company (IPIC) from Abu Dhabi, have announced the project to build the Emirates LNG Terminal in Fujairah, UAE. This LNG Terminal would have a down loading and re-gasification capacity of 1.2 billion cf/d and a storage capacity of 12 billion cf […]
ReadAbu Dhabi’s Zakum Development Company’s (ZADCO) mandate was to develop the Upper Zakum field on behalf of ADNOC and for the benefit of the shareholders: ADNOC 60%, ExxonMobil 28% through its local subsidiary ExxonMobil Abu Dhabi Offshore Petroleum Company Ltd. (EMAD), and Japan Oil Development Company Ltd. (Jodco) holding the remaining 12%. ExxonMobil, ADNOC and Jodco will jointly provide […]
ReadThe Johan Sverdrup giant oil field is the largest oil field discovery in 2011 in the World and the fifth biggest ever in Norway. It is located 140 kM west of Stavanger and sitting by 110 M water depth and about 2000 m deep below the sea level. The Swedish Lundin and Statoil were exploring […]
ReadHusky Energy from Canada and CNOOC from China own each of the Madura fields, BD, MDA & MBH, in the Madura Straight on East Java, Indonesia. The remaining 20% belongs to the local Samudra Energy. The Madura BD project is well in progress as decision was made last year to go for a FPSO to process […]
ReadTo meet the Malaysia oil & gas production targets, Hess and Petronas have decided to speed up the development of the Kamelia and Belud oil fields. On Kamelia in the North Malay Bassin, Hess has awarded a letter of Intend to Emas Offshore Production & Construction (EOCL) to charter a FPSO for a first period of […]
ReadChevron is planning to spend $3 billion in Indonesia this year where Gengalo and Gehem should take a major part. While Technip is performing the FEED for these two large FPUs, Chevron is completing the qualification process of the potential contractors to receive an invitation to bid (ITB) this quarter. For this FEED , Technip has involved its Jakarta […]
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