Sete Brasil secured financing for nine first drilling ships Sete Brasil Participacoes SA (Sete Brasil) secured $3.7 billion loan to finance the first series of nine drilling rigs out of its $20 billion capital expenditure program for the construction of 29 rigs required by Petroleo Brasileiro (Petrobras) to develop the pre-salt crude oil in the […]
ReadFluor and WorleyParsons designed Tengiz Expansion The California-based international oil company (IOC) Chevron Corporation (Chevron) and its partners, the Kazakh national oil company (NOC) KazMuniaGas (KMG), the global leader ExxonMobil and the Russia company LukArco (Lukoil) are closely reviewing the offers of the engineering companies to award the engineering, procurement and construction (EPC) contract for […]
ReadAMEC completed FEED on KNPC Refinery Fifth Train Kuwait National Petroleum Company (KNPC) has pre-qualified the engineering companies to be invited to bid (ITB) for the engineering, procurement and construction (EPC) contract of the fifth gas processing train to be added at the Mina Al-Ahmadi Refinery on the coast line of the Kuwait State. This pre-qualification […]
ReadPetroChina to unlock Athabasca oil sand reserves The Canadian specialist TransCanada and China Petroleum National Corporation (CNPC or PetroChina) subsidiary Phoenix Energy Holdings (Phoenix) are preparing the execution of the Grand Rapids Pipeline Project to unlock the underdeveloped oil sands reserves lying in Athabasca northeastern Alberta, Canada. With this Grand Rapids Pipeline Project, TransCanada and PetroChina intend […]
ReadMaire Tecnimont achieves FEED work on Al-Sejeel After awarding Al-Sejeel front end engineering and design (FEED) work to Maire Tecnimont, the national companies Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) are aligning the engineering companies willing to bid for the engineering, procurement and construction (EPC) contract for the Al-Sejeel petrochemical project in Ras Laffan […]
ReadSui Southern Gas in $1.4 billion deal with Engro Vopak The Pakistan midstream Sui Southern Gas Company (SSGC) is in final talks with the joint venture Engro Vopak Terminal Limited (EVTL) to build and operate a large greenfield liquefied natural gas (LNG) import terminal at Port Qasim near Karachi in Pakistan. In parallel the Pakistan […]
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