Advanced and Bayegan to build a new PDH-PP plant Advanced Petrochemical Company (Advanced), a leading Saudi Arabia based producer of petrochemical products, and Bayegan Group (Bayegan), a Turkish international trading company, engaged in petroleum derivatives, petrochemicals and other commodities, announced the signing of a Memorandum of Understanding (MoU) for the development of a joint $ […]
ReadSaipem submitted $600 million change order to Saudi Aramco The Wasit Gas Development Program represents $4.6 billion capital expenditure to build an onshore grass-roots Central Processing Facility (CPF) to process 2.5 billion cf/d of gas from the Arabiyah & Hasbah offshore fields and produce approximately 1.75 billion cf/d of sales gas. Offshore gas wellhead production […]
Read$1.5 billion Dorra offshore packages for bid next quarter The Dorra gas field is located in the so called Divided Zone between Saudi Arabia and Kuwait. According to the agreement signed in 1965 between the two countries, this Divided Zone results from the ex Neutral Zone, 300 km Northeast Dammam in Saudi Arabia and 130 […]
ReadBP, ExxonMobil and ConocoPhillips re-think APP in the light of the Shale Gas develoment The Alaska Pipeline Project (APP) is a joint initiative between TransCanada and ExxonMobil that seeks to build and operate a pipeline system to transport Alaska’s North Slope natural gas resources to markets. TransCanada and ExxonMobil began working together in 2009. Originally, APP was […]
ReadIndonesia Abadi fLNG to learn from Australia Prelude In one way, INPEX Corporation Ltd acquired 17.5% participating interest in the Prelude Floating LNG (FLNG) Project from Shell Development (Australia) proprietary Ltd in order to get the experience to develop the Abadi LNG Project in Masela Block. In the other way, Shell in December 2011 acquired […]
ReadA good option for ExxonMobil/BHP and Woodside ExxonMobil‘s affiliate Esso Australia Resources Pty Ltd is the operator of the Scarborough gas field, a 50/50 joint venture with BHP Billiton. The Scarborough field is one of the most remote of the Carnarvon Basin gas resources and the development remains challenging due to location in 900 metres […]
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