ORPIC Liwa Platics Project to reach FEED stage The Oman Refinery and Petroleum Industries Company (ORPIC) confirmed to have called for tender the front end engineering and design (FEED) work for its $3.6 billion petrochemical complex to produce plastics in Al-Liwa, close to Sohar in the north of Oman. To be integrated to the Sohar […]
ReadNigeria to restore refining capacities with private loans On September 4th 2013, the Nigeria private Dangote Group (Dangote) sealed a financial agreement with 12 banks for a $3.3 billion loan to build a greenfield refinery and petrochemical complex in Olokola in the south of Nigeria. With $8 billion capital expenditure, this $3.3 billion loan will […]
ReadONGC may re-tender Bassein Expansion EPC contract The national oil company (NOC), Oil & Natural Gas Corporation (ONGC) is considering on last minute to rethink the scope of work for its Bassein Expansion project offshore India. Although the Bassein Development project has reached its final bidding stage to award the engineering, procurement and construction (EPC) […]
ReadWill Sinopec trigger Indonesia new refineries projects? The world largest refining company Sinopec from China has decided to build the largest oil storage terminal in Southeast Asia at the Batam Free Trade Zone in Indonesia. With a storage capacity of 16 million barrels of crude oil and refined products Sinopec is planning to invest $850 million […]
ReadLNG Partners opt for FLSU moored in Douglas Channel The liquefied natural gas (LNG) carriers fleet owners Golar LNG, registered in Bermuda and managed from Norway, and Exmar from Belgium enter intense contest around the Douglas Channel LNG project headed by LNG Partners LLC and LNG BargeCo BVBA in British Columbia, on the west coast of Canada. […]
ReadSaudi Aramco to evaluate Fadhili gas plant FEED bids The national oil company Saudi Aramco is currently evaluating the tenders submitted by the qualified engineering companies in competition to provide the Fadhili Gas Processing Plant project with the front end engineering and design (FEED) work. This project is part of Saudi Arabia program to develop […]
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