Daewoo Engineering wins Akkas Gas processing plant The South Korean Gas Corporation (KOGAS) and the local Iraq National Oil Company (INOC) have awarded to Daewoo Engineering, & Construction Corporation (Daewoo Engineering) also from South-Korea, the engineering, procurement and procurement (EPC) contract for the gas central processing facility (CPF) of the Akkas gas field in the western of […]
ReadTanesco awards Mtwara Power Plant to Symbion-GE The Tanzania National Electrical Supply Company (Tanesco) signed a $1 billion contract with the US consortium of Symbion Power (Symbion) and the technology company General Electric International (GE) for the team of the Mtwara Power Plant and the expansion of the electrical power national grid in the south […]
ReadStatoil to consider FPSO for Castberg (Skrugard-Havis) Since the Skrugard and Havis project has been renamed as Johan Castberg, some significant changes have happened to justify Statoil from Norway and its partners, Eni from Italy and Petoro from Norway, to rethink the conceptual design of the project into a floating, production, storage and offloading (FPSO) […]
ReadRussian EuroChem to profit from US shale gas supply The Moscow-based company EuroChem signed an agreement with the State of Louisiana to invest $1.5 billion capital expenditure to build a greenfield fertilizer plant along the Mississippi River in USA. Established only in 2001, EuroChem has grown up very fast over its 12 years of life in […]
ReadStampede TLP to unitize Pony and Knotty discoveries Hess Corporation (Hess) and its partners, BHP Billiton (BHP) from Australia, Chevron from USA, China National Offshore Oil Corporation (CNOOC) from China through its Canadian acquisition Nexens, and Statoil from Norway, have selected the Japanese engineering company Modec to provide the Stampede project with a tension leg […]
ReadShell – Estonian Eesti Energia – Karak International Oil to explore and develop Jordan oil shale resources The Jordan Oil Shale Company (JOSCO), a wholly owned Shell subsidiary, the Estonia company Eesti Energia (Enefit) and Karak International Oil (Karak) from the UK–based Jordan Energy and Mining Ltd, are now moving from the exploration phases of […]
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