OMV to replace RWE in Lundin’s Edvard Grieg project In October 2012, the Austrian-based OMV took over the 20% share held so far by the German RWE in the Edvard Grieg offshore project just after that Statoil had acquired 15% from Wintershall in the same project. Previously called Luna, the Edvard Grieg project is led […]
ReadMajors work on alternatives to export North Slope gas In October 2012, the major companies operating in Alaska, ExxonMobil, ConocoPhillips, BP and TransCanada submitted to the Alaska administration their first report for an Alaska liquefied natural gas (LNG) export project. Estimated to cost $45 billion to $65 billion capital expenditure, Alaska LNG should be one of […]
ReadIntegration and Excellence are our path to Globality Kuwait National Petroleum Company KNPC was established in October 1960 to develop the downstream sector in Kuwait. Created as a joint venture between the government and the private sector, the State of Kuwait acquired the whole ownership of KNPC in 1975. In parallel, The Kuwait Government compensated […]
ReadKNPC to award sulfur handling EPC contract in 2013 On October 14, 2012, the Kuwait National Petroleum Company (KNPC) kicked off the bidding process for the Mina al-Ahmadi (MAA) Sulphur Handling Facilities (Revamp and new) Project (SHFP). Located 45 kilometers away from Kuwait City, this sulfur handling project belongs to the Mina al-Ahmandi refinery upgrade […]
ReadSaudi Aramco and Sumitomo Chemical target to complete Petro Rabigh Phase 2 project on time October 2012, JGC Corporation (JGC) from Japan has been awarded the expansion of the JGC Corporation (JGC)in the Petro Rabigh Phase 2 project. Rabigh Refining and Petrochemical Company (Petro Rabigh), is a balanced joint venture between – The Saudi Arabian […]
ReadBASF to accelerate upstream business with Wintershall BASF‘s oil and gas subsidiary Wintershall from Germany and Statoil from Norway signed an agreement to swap strategic assets in the North Sea and establish a cooperation framework on the enhanced oil recovery (EOR) technologies. Home-based in Kassel, Germany, Wintershall is a BASF wholly-owned company operating upstream and midstream […]
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