Shell to start upstream and postpone LNG Trains Since November 2012, the Anglo-Dutch international company, Shell, and China National Petroleum Company (CNPC or PetroChina) multiplied announcements to reconsider their Arrow LNG project in the Queensland in eastern Australia. Shell and PetroChina wholly own the Arrow LNG project through a 50/50 joint venture with the intention to invest […]
ReadTotal-Chevron-SNPC to invest $7 billion in Moho-Nord Total from France, and its partners, Chevron from USA and the local Société Nationale des Pétroles du Congo (SNPC) are willing to move on fast track with the Moho-Nord Floating Production Unit (FPU) project offshore Congo-Brazzaville. Located 20 kilometers northwest of the actual Moho Bilongo FPU and 77 […]
ReadCH2M Hill is working on Adnoc Bab sour gas pre-FEED BP, ExxonMobil, Korean National Oil Company (KNOC), Shell and Total are the happy few pre-qualified international oil companies to submit offer for the $10 billion development of the Bab sour gas project in joint venture with Abu Dhabi National Oil Company (Adnoc) in the United […]
ReadShell and Ukraine signed $10 billion deal in Davos Shell‘s Chief Executive Officer, Peter Voser, and Ukraine’s President Viktor Yanukovich took the opportunity of the World Economic Forum in Davos to sign a $10 billion agreement to develop shale gas resources in Ukraine. Last May 2012, Ukraine had selected two major international oil companies, Chevron […]
ReadSINOMACH and CPC to build first Cambodia refinery On December 28th 2012, China Perfect Machinery Industry Corp (SINOMACH) and Cambodia Petrochemical Corporation (CPC) made the final investment decision (FID) to build the first crude oil refinery in the Kampong Som Petrochemical Industrial Zone along the southern coast in Cambodia. This $2.3 billion capital expenditure this […]
ReadTotal and Petronas organize double conceptual studies The french major Total and the Malaysian national oil company Petronas decided to organize parallel conceptual study for the development of the K5 gas field offshore the Sarawak province in southeastern Malaysia. Discovered in 1970, the K5 gas field is located 230 kilometers northwest Bintulu, in 80 meters of […]
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