E.ON to acquire stake in GDF-Suez Austen (ex Jacqui) On May 30th 2013, the German-based E.ON signed an agreement with the French GDF-Suez to take 25% stake in the Austen discovery in the Central UK North Sea. Until then, GDF-Suez was the solely owner of the working interests in Austen. After the transaction, GDF-Suez will hold 75% […]
ReadUAE to shunt Hormuz Strait with Fujairah Terminal Mubadala Petroleum and the International Petroleum Investment Company (IPIC), both from Abu Dhabi in the United Arab Emirates, are preparing the engineering, procurement and construction (EPC) phase for their Emirates LNG project in Fujairah. Established in 2002 by the State of Abu Dhabi, the Mubadala Development Company […]
ReadXodus completes FEED on Banda Gas production The Houston-based engineering company Xodus Group (Xodus) is currently completing the front end engineering and design (FEED) work for the development of the offshore Banda gas field as the upstream part of the Mauritania Gas-To-Power project. In a similar scheme to the Kudu Gas-To-Power project in Namibia, Tullow […]
ReadToyo-Setal awarded ComperJ hydrogen facility EPC The national oil company (NOC), Petroleo Brasileiro SA (Petrobras), selected the joint venture Toyo-Setal Empreendimentos Ltda (Toyo-Setal) to design and build the new hydrogen facility for the integrated refinery and petrochemical Complexo Petroquimico do Rio de Janeiro, the so called ComperJ project. To be located at Itaborai, in the State of […]
ReadBluegrass Pipeline to feed Gulf Coast Petrochemicals The Oklahoma-based Williams and the Houston-headquartered Boardwalk Pipelines Partners (Boardwalk) signed a letter of intend (LOI) to form a joint venture on building the Bluegrass Pipeline project in USA to connect the Marcellus and Utica giant shale gas fields in the northeast to the petrochemical industry lying along […]
ReadHorizon and Osaka Gas to ally in Papua New Guinea The Australian Horizon Oil Ltd (Horizon) and the large utility company Osaka Gas from Japan signed a strategic alliance to develop acreage gas fields in Papua New Guinea (PNG) for the production of condensate and liquefied natural gas (LNG). In November 2012, Horizon had announced to […]
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