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FEED is King

Projects front end engineering and design (FEED) is taking the King’s role over engineering, procurement and construction (EPC). FEED is King.

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Anadarko optimistic in US Gulf of Mexico Shenandoah

Anadarko to complete Shenandoah appraisal program The Texas-based Anadarko Petroleum Corporation (Anadarko) and its partners, ConocoPhillips, Cobalt International Energy (Cobalt) and Marathon Petroleum Corporation (Marathon), implement their appraisal program for the Shenandoah offshore project in the US Gulf of Mexico. Discovered in 2009, the Shenandoah crude oil field belongs to Blocks 51 and 52 in […]

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Adma-Opco moves ahead on Umm al Lulu and Satah al Razboot (Sarb)

Adma-Opco evaluates bids for Umm al Lulu EPC-1, Umm al Lulu EPC-2, Sarb EPC-3 and Sarb EPC-4 Abu Dhabi Marine Operating Company (Adma-Opco), a subsidiary of Abu Dhabi National Oil Company (ADNOC) is working on commercial bid for the development of the Umm al Lulu and Satah al Rasboot (Sarb) offshore oil and gas fields. In Abu Dhabi, Adma-Opco is the national […]

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Statoil to invest $210 million to enter Australian shale gas

Statoil and PetroFrontier signed deal on Southern Georgina Basin  Statoil ASA (Statoil) from Norway and PetroFrontier Corp. (PetroFrontier) from Canada have signed a binding “Farm-in Agreement” to farm into shale gas PetroFrontier’s four exploration permits (EPs) and two exploration permit applications (EPAs) in the Southern Georgina Basin, Northern Territory, Australia. In this Farm-in-Agreement, Statoil will be the Farmor […]

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Sabic invests $100 million in Shanghai Technology Center

Sabic takes a decisive leap in breaking-ground for this $100 million capital expenditures in Technology Center in Kangqiao, close to Pudong Airport, east of Shanghai. This Technology Center will use 60,000 sqm in a brand new building to host 400 employees, including 200 scientists and engineers working in Research & Development. The purpose of this […]

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Basf and Ineos launch fast track Styrene projects

On October 1st, 2011 , Basf and Ineos created officially a 50/50 joined venture called Styrolution to merge and promote all their Styrene activities.  As a result Styrolution is the only one of the key players dedicated entirely to styrenics, and a strong leader in the market. It holds global number one positions in styrene monomer […]

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