Husky Energy from Canada and CNOOC from China own each of the Madura fields, BD, MDA & MBH, in the Madura Straight on East Java, Indonesia. The remaining 20% belongs to the local Samudra Energy. The Madura BD project is well in progress as decision was made last year to go for a FPSO to process […]
ReadTo meet the Malaysia oil & gas production targets, Hess and Petronas have decided to speed up the development of the Kamelia and Belud oil fields. On Kamelia in the North Malay Bassin, Hess has awarded a letter of Intend to Emas Offshore Production & Construction (EOCL) to charter a FPSO for a first period of […]
ReadShell is operating the Malampaya gas field with 45% share, at the same level as Chevron while the local Philippines National Oil Company, PNOC, owns the remaining 10%. The third phase of Malampaya will suppose the construction of an offshore compression platform. This platform should be built in the Philippines and should be the first […]
ReadConverting crude Supertankers or Very Large Crude Carriers (VLCC) into FPSOs is part of Petrobras program to speed up offshore oil fields development. The consortium made of Odebrecht, OAS and UTC, called the Enseada do Paraguacu consortium, has been awarded this contract on Lump-Sum-Turn-Key basis for an amount below $1.75 billion. Petrobras acquired last year these […]
ReadTransCanada Corporation will invest $500 million in the Tamazunchale – El Sauz Pipeline Extension in Mexico. TransCanada will build and operate this pipeline with a 25 years natural gas transportation service contract by the Comisión Federal de Electricidad (CFE), Mexico‘s state-owned power company. The project is designed with following key figures: 235 kilometers (146 miles) long capacity […]
ReadSaltic FZCO (formerly known as Oswal Oman Caustic FZCO), is now planning to move ahead with its “Caustic Soda” and “Ethylene DiChloride (EDC)” project in the Salalah free zone of Oman. Technology for the “Caustic Soda” plant will be provided by Chlorine Engineers Corporation of Japan, while Ineos of Europe will provide the know-how for the “EDC” facility. The project is […]
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