Statoil FSU to strengthen Heidrun oil loading system Statoil and its partners, Petoro, ConocoPhillips and Eni, in the Heidrun oil and gas field awarded a new permanent floating storage unit (FSU) to the South Korean engineering company Samsung Heavy Industry (Samsung). Heidrun is an oil and gas field located in the Norwegian North Sea discovered by ConocoPhillips […]
ReadBP hits gas in Egypt Nile Delta Block North El Burg BP and International Egyptian Oil Company (IEOC), the local operating company of the Eni Egypt, confirmed two news gas discoveries, Taurt North and Seth South, in its offshore concession of the North El Burg, in the Nile Delta, Egypt. These findings follow 50 years of […]
ReadORPIC evaluates bids on Sohar Refinery Expansion In April the Oman Oil Refineries & Petroleum Industries Company (ORPIC) had qualified eight engineering companies to receive the Call for Tender of engineering, procurement and construction (EPC) contract for the Sohar Refinery Expansion project. ORPIC is a national oil company (NOC), wholly owned owned by the Oman […]
ReadPDO Saih Rawl, PDO Zauliyah and BP Khazzam and Makarem lead Oman natural gas development Last August, the national oil company (NOC) Petroleum Development Oman LLC (PDO) awarded the Saih Rawl Depletion Compression Phase 2 (SRDC2) project to Larsen & Toubro from India to provide with the engineering, procurement and construction (EPC) contract. Earlier this month, […]
ReadBP to develop Khazzan and Makarem in phase 1 BP revised significantly upward its capital expenditure in Oman Full Field Development project from $15 billion to $24 billion. Discovered in the 1990s, the huge reserves of natural gas in Center Oman have been left undeveloped because of the complexity and the potential costs related to […]
ReadShale gas boosts OCI into Iowa biggest investment ever The Iowa Fertilizer Company (IFC) a subsidiary of the Egyptian company Orascom Construction Industries (OCI) made the final investment decision (FID) to build a world-scale fertilizer plant in Iowa, USA. OCI selected the location near Wever, in the Lee County, southeastern Iowa, to develop its greenfield […]
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