Dow to pioneer Argentina first shale gas pilot project The Dow Chemical Company (Dow) from USA and the Argentina national oil company YPF signed a memorandum of understanding (MOU) to develop shale gas in the giant deposit of the Vaca Muerta in the eastern Province of Neuquen. For Dow, the control of the natural […]
ReadTechnip and JGC win Yamal LNG EPC contract The Russian Novatek and the international oil company (IOC) Total from France have selected, through their joint venture JSC Yamal LNG, the consortium made of Technip from France and JGC from Japan to build the liquefied natural gas (LNG) plant of their Yamal project. Located onshore, in […]
ReadBSP to tender 6 platforms for Champion enhancement Brunei Shell Petroleum (BSP) is preparing the call for tender (CFT) for the first phase of the Champion waterflood project to boost the production of this old oil and gas field offshore Brunei. Champion is the largest oil and gas field in the Sultanate of Brunei representing 40% […]
ReadPetroChina to complete FEED by end of June 2013 The joint venture between the national oil companies China National Petroleum Corporation (CNPC or PetroChina) and the local KazMunaiGas (KMZ) is working on a second crude oil export pipeline from Kazakhstan to China. As the existing pipeline, the new one would connect Atyrau on the coast […]
ReadSBM 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 […]
ReadFrom UK to Turkey all Europe is working on shale gas In December 2012, UK made the most noticeable step in Europe when ending the moratorium on fracking process after the Blackpool tremors in 2011. At that time not only UK lifted the fraking ban but also unveiled tax breaks and advertised to become the […]
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