Definition Pipelay Vessel or Pipe Laying Vessel refers to the vessel used by the offshore oil and gas industry to install subsea all the connecting infrastructures such as pipelines, umbilicals or electrical cables Comments These subsea infrastructures may be installed to connect floating units on the surface to the seabed, or from shore to floating […]
ReadTechnip and WorleyParsons completed the FEED Chevron had awarded the front end engineering and design (FEED) for the development of Gengalo – Gehem project to: – Technip Jakarta office in Indonesia and Houston office in Texas, USA, for the two large Floating Production Units (FPU) package – Worley Parsons Indonesia for the Subsea and Flowline system package. From these FEED performed by Technip and WorleyParsons, the packages are estimated […]
Read$8.9 billion petrochemical projects awarded on H1-2012 Middle-East countries and especially Saudi Arabia have been extremely active on the Downstream sector during the first half 2012 in awarding $8.9 billion worth of petrochemical projects. Compared with last year this amount of capital expenditure represents 88% increase as only $1 billion had been awarded on the […]
ReadDefinition Elastomer comes from the contraction of elastic polymer. Elastomer refers to any material, such as but not limited too natural rubber or synthetic rubber, that is able to resume its original shape after removing a deforming force on it. Elastomer may also be called rubber. Comments Elastomer is an amorphous polymer with a special […]
ReadQatar 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 […]
ReadNew 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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