Oil & Gas and Petrochemical Resilient in 2020. The Oil & Gas and Petrochemical market has proven to be more resilient in 2020 than feared or expected. The national oil companies and the independents took a leading role turning the market reality far above the market perception left by the international oil companies.
ReadIn 2018, twice more, in volume of capital expenditure, EPC contracts were awarded than in 2017. This step change is not related to some barrel price speculations bu to the new business models developed by the game changers, mostly the Independent companies taking now the lead of the market.
ReadPTTEP to add Arthit South Gas Gathering Platform The Thailand national oil company (NOC) PTT Exploration and Production Public Company Ltd (PTTEP) and its partners, Chevron from USA and Mitsui Oil Exploration Company (Mitsui or MOECO) from Japan are working on the call for tender for the Arthit south gas Gathering Platform (AGP) in the […]
ReadChevron to tender Ubon Offshore Platform and FPU The California-based company Chevron and its partners, PTTEP from Thailand, Hess from USA and Mitsui Oil (Mitsui) from Japan are preparing the calls for tender for the main engineering, production and construction (EPC) contracts to be awarded for the development of the offshore Ubon project in Thailand. […]
ReadTotal to award MLJS Expansion EPC packages The French Major company Total and its partners, Shell from The Netherlands and the local Petroleum Brunei (PB) are on the point to award the engineering, procurement and construction (EPC) contracts for the development of the Maharaja Lela Jamalulalam South (MLJS) project offshore Brunei. Lying in the Block […]
ReadADCO to invest $1 billion in Shahil, Qusahwira, Mender Abu Dhabi Company for Onshore Oil Operations (ADCO) is activating the South East Full Field Development (FFD) project related to Asab Sahil, Qusahwira and Mender crude oil fields in the southeast of the United Arab Emirates (UAE). This project is part of Abu Dhabi program to […]
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