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Finland and Estonia agree on LNG Import Terminals projects

Gasum to build – operate Finngulf LNG Import Terminal The Finnish midstream company Gasum Oy (Gasum) will build and operate the Finngulf LNG Terminal project in order to import, store liquefied natural gas (LNG) in Finland in connection with the neighboring Estonia on the Gulf of Finland in the Baltic Sea. Since 1860 Gasum is importing […]

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Bolivia YPFB progresses on Gran Chaco Petrochemical Complex

YPFB completed Tarija Ethylene – Polyethylene FEED The wholly state-owned oil company Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) is making good progress on its largest petrochemical complex after completing the front end engineering and design (FEED) work for the ethylene and polyethylene units to be built in the Gran Chaco Province within the southern Bolivia Department of […]

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Chemical group Ineos bets $1 billion upstream in UK shale gas

Ineos to feed Grangemouth with Scotland shale gas Introducing itself as “THE WORD FOR CHEMICALS”, the Swiss-based company Ineos is maneuvering a strategic breakthrough in planning $1 billion capital expenditure in UK shale gas to feed its petrochemical complex in Grangemouth, Scotland. Acquired from BP willing to focus on upstream activities, the Ineos Grangemouth refining and petrochemical complex occupies […]

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Total gears up in UK North Sea Laggan-Tormore

Total to develop West Shetland Tormore Oil Rim project The French international oil company (IOC) Total SA (Total) and its partner DONG Energy A/S (DONG) from Denmark are considering to develop the crude oil field discovered in rim of the Laggan-Tormore gas fields offshore West Shetland in the UK North Sea. Through its Laggan-Tormore gas field […]

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Oman Oil in progress with Sohar Petrochemical complex project

Takamul to call for tender Sohar PTA and PET projects The joint venture Oman International Petrochemical Industry Company (OIPIC) between the State-owned companies Takamul Investment Company (Takamul), Oman Oil Company (OOC) and the South Korean LG Corporation (LG) is preparing the call for tender to invite engineering companies to bid for the engineering, procurement and […]

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