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Pemex to ramp up investments to increase production in 2013

Grupo R orders four jack-up rigs to Keppel for Pemex The Mexican construction and oil field service company Grupo R ordered four jack-up drilling rigs to Keppel Fels in Singapore to support the exploration and production program planned by Petróleos Mexicanos (Pemex) to stop the Mexican production to decline and to increase it again. In October […]

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ADCO is getting close to decision on North East Bab third phase

Technip to complete FEED work for onshore NEB 3 The national Abu Dhabi Company for Onshore Operations (ADCO) is making significant progress in the North East Bab field with the contracts to be awarded soon for the development of the third phase called NEB 3. ADCO is the joint venture between Abu Dhabi National Oil Company […]

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Dangote awards PMC to Tata for Africa largest fertilizer plant

Saipem won EPC contract for Nigeria Edo fertilizer Based in Lagos, Nigeria, the Dangote Group (Dangote) has selected the Indian Tata Consulting Engineering company as project manager consultant (PMC) for its Edo Fertilizer project in Nigeria. Estimated to require $1.9 billion capital expenditure, this Edo Fertilizer project is given as to build the largest Fertilizer plant in Africa. […]

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Petrobras to lease FPSOs to secure Brazil 2017 targeted oil production

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

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

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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