Gazprom accelerates its export LNG terminal projects After the expansion of the Sakhalin-2 LNG project and the future Vladivostok LNG project on the east coast, the Russian gas leader Gazprom is looking west and investigating solutions to substitute the challenging Shtokman project in reviving the old Baltic LNG project on the Gulf of Finland. Among all the […]
ReadBasf Petronas Chemicals invest $500 million in Gebeng The German chemical global leader Basf and the Malaysian Petronas Chemicals Group Berhad (Petronas) have decided to expand their joint venture Basf Petronas Chemicals (Basf–Petronas) with a world-scale integrated aroma ingredients complex at Gebeng, near Kuantan, on the east coast of the Malaysia peninsula. Through their Basf–Petronas joint venture,Basf and […]
ReadBP selects bidders for Tangghu LNG FEED competition The International Oil Company (IOC) BP and its partners in the Tangguh Expansion Project are currently qualifying the engineering companies to be invited to bid (ITB) on the onshore Tangguh third LNG Train and the production platforms to be installed offshore the Irian Jaya District of the […]
ReadDana reached agreement with Sharjah Emirate on Zora The Sharjah-based private company Dana Gas (Dana) managed to reach an agreement with the authorities of the Sharjah and Ajman Emirates in the United Arab Emirates (UAE) regarding the offshore development of the Zora gas field in the Sharjah Western Offshore concession. In 2008, Dana was awarded by […]
ReadLekoil to join YFP, Chevron and Vitol in Block OML 113 The local junior company Lekoil Ltd (Lekoil) signed a Sales and Purchase Agreement (SPA) with Panoro Energy (Panoro) from Norway to acquire its stake of the Aje project in the Oil Mining Lease 113 (OML 113). This transaction will apply to 6.502% of the […]
ReadShell Batangas LNG project to go to FEED stage The Royal Dutch Shell Plc (Shell) is moving on the front end engineering and design (FEED) stage on the Batangas LNG import terminal project in Philippines. Working on this project for some years, Shell completed the feasibility study to build a floating storage and regasification unit (FSRU) […]
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