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SCOP still struggles to increase oil storage capacities in South of Iraq

$2 billion Nasiriyah and Bin Umar Oil Depots delayed The national oil company (NOC) State Company for Oil Projects (SCOP) has announced to postpone the tenders opening ceremony for the $2 billion oil storage depots project planned in the south of Iraq. Since the license rounds in 2009 and 2010 during which Baghdad Government awarded […]

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Statoil to prepare new upgrade in Norway Mongstad Refinery

Foster Wheeler won Statoil Mongstad feasibility study The national oil company (NOC) Statoil ASA (Statoil) sanctioned a feasibility study contract to the Swiss-based engineering company Foster Wheeler to upgrade the Mongstad Refinery in Norway. Norway is hosting two refineries, in Mongstad operated by Statoil and in Slagen owned by ExxonMobil. Located on the Norwegian west coast […]

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Canada back on track with major oil sands projects in Alberta

Shell makes final decision for Carmon Creek Project After the joint venture Suncor-Total which decided to proceed with their multibillion Fort Hills oil sands mining project in Athabasca region, Shell is making the final investment decision (FID) with its Carmon Creek oil sands project in Alberta. The two mega projects, by their size and new […]

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Saudi Aramco at final stage on Ras Tanura Clean Fuel Offsites-Utilities Package

JGC in the lead for Ras Tanura Offsites & Utilities EPC The Japanese engineering company JGC Corporation (JGC) is leading the discussions with Saudi Aramco for the engineering, procurement and construction (EPC) contract of the Offsites & Utilities in  Ras Tanura Clean Fuel and Aromatics project. Located on the East Coast within the Eastern Province, […]

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Sonatrach to boost production in Alrar gas field in Eastern Algeria

Petrofac and Bonatti awarded Alrar Extension Project The London-based engineering company Petrofac and its Italian partner Bonatti have been awarded by the national oil company (NOC) Sonatrach the engineering, procurement and construction (EPC) contract for the extension of the Alrar gas field in Eastern Algeria. With this Alrar Gas Field Extension project, Sonatrach is aiming at maintaining […]

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