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Sonatrach and Total in discussion again about Arzew Petrochemical Complex

Qatar Petroleum holds 10% of $3 billion Arzew project Since Total and Sonatrach had announced the giant Arzew petrochemical complex, the project had to be put on hold by the lack of ethane as feedstock to supply the cracker. This ethane should come from the Hassi R’meil natural gas fields, but transportation along the 500km to […]

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Abu Dhabi welcome new comers for concessions renewal

New players to bid against BP, ExxonMobil, Shell and Total With the onshore concessions expiring in 2014 and the offshore ones coming up in 2018, Abu Dhabi, in the UAE,  is to rewrite the terms of its producing fields and offer up fresh prospects. The first oil concessions covering all the Abu Dhabi territory were awarded […]

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Umbilical

Definition Umbilical refers in the oil and gas industry to the connections used offshore between the subsea equipment and platforms or floating production units and enabling the control from the surface. The umbilicals are made of steel or thermoplastic to be flexible and in the same time to resist to operating conditions. Comments Umbilicals provide control, power, […]

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ZADCO awards $800 million Upper Zakum (UZ 750) EPC1

Technip and NPCC win Upper Zakum 750 EPC1 After completing the front end engineering and design (FEED) work, Technip and its local partner National Petroleum Construction Company (NPCC) have been awarded the first EPC package called EPC1 of the Upper Zakum development project in Abu Dhabi, UAE. Upper Zakum project is developed by Abu Dhabi’s Zakum Development Company (ZADCO), a joint […]

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Petro Arctic

Definition Petro Arctic is a Norwegian association to promote the potential suppliers willing to participate to the development and operations of the offshore oil and gas projects in North Norway and the Barents Sea.  Comments Petro Arctic was created in 1997 to involve local companies in the Snøhvit LNG project. Since then the mission of Petro […]

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Technip and HHI win $660 million Aasta Hansteen (ex Luva) SPAR hull

OMV to replace ExxonMobil in Aasta Hansteen partnership with Statoil and ConocoPhillips Aasta Hansteen field was previously named Luva and is one of the largest field in the Norwegian Continental Shelf (NCS) with a development planned to cost some $5.6 billion (NOK 34 billion) of capital expenditure. Aasta Hansteen is the start of deepwater development in the Norwegian Sea and […]

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