Pemex to invest $6 billion to extend Akal lifetime The wholly state-owned company Petroleos Mexicanos (Pemex) is planning to invest up to $6 billion capital expenditure to stop the depletion of its giant Cantarell oil and gas field on the Mexican Continental Shelf of the Gulf of Mexico. Located 80 kilometers offshore in the Bay […]
ReadSaudi Arabia prioritizes Khurais and Shaybah capacity The national oil company Saudi Aramco selected the Khurais and Shaybah fields to increase Saudi Arabia crude oil production capacities. Lying adjacent to one of the world largest oil field, the giant Ghawar, Khurais is also of a significant size at the scale of Saudi Arabia with the […]
ReadGGOEX to monetize Nigerian gas with Gulf Methanol The local Junior company Gulf of Guinea Oil Exploration Limited (GGOEX) is investigating all opportunities to monetize natural gas in Nigeria through its purposely established subsidiary Gulf of Guinea Methanol Limited (GGML) to develop a world-scale methanol plant in the Niger Delta. At the end of 2012, […]
ReadSteelhead LNG selects Sarita Bay on Vancouver Island Registered in Vancouver, British Columbia (B.C.), the newly established company Steelhead LNG Corporation (Steelhead LNG) signed with the Huu-ay-aht First Nations (HFN) an Opportunity Development Agreement to jointly design and build a liquefied natural gas (LNG) project on the Sarita Bay on the west coast of Vancouver […]
ReadOGC to link Saih Nihayda to Port of Duqm in Oman The state-owned Oman Gas Company SAOC (OGC) is preparing to award the engineering, procurement and construction (EPC) contract for the construction of the gas pipeline between Saih Nihayda and the Port of Duqm in the Sultanate of Oman. As the main midstream company in […]
ReadShell, Sasol and Eni sign GTL agreements with ENH The Royal Dutch Shell (Shell) on one side and the tandem Sasol–Eni on another side signed these last weeks agreement with the national oil company (NOC) Empresa Nacional de Hidrocarbonetos (ENH) to start feasibility studies on Gas-To-liquid (GTL) projects in Mozambique. During the last two years […]
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