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Shtokman 3rd phase in operations before phases 1 & 2?
Gazpromdobychashelf, the wholly owned Gazprom subsidiary and operator of Shtockman projects, has annouced to expect the completion of the FEED for the offshore pipeline at the end of the year. In...
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Husky & CNOOC gear up with Madura FPSO and FPU
Husky Energy from Canada and CNOOC from China own each of the Madura fields, BD, MDA & MBH, in the Madura Straight on East Java, Indonesia. The remaining 20% belongs to the local Samudra Energy....
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Zhejiang Hengyi Refinery project takes shape in Brunei
$4 billion for first Brunei Refinery & Aromatics complex Zhejiang Hengyi Petrochemicals co.ltd (Zhejiang Hengyi) is the largest polyester fibers manufacturer in China. Founded in 1994 it is a...
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“NGL”
Definition NGL is the acronym of Natural Gas Liquids. These Natural Gas Liquids are also called Condensates and refer to the non-methane hydrocarbon gas such as Ethane, Propane, Benzene, Butane or...
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LNG Train
Definition LNG Train refers to the compressors train used in industrial process to convert natural gas into Liquefied Natural Gas, called LNG. Comments The process to convert natural gas into LNG is...
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Norway approved Total $4.2 billion Martin Linge project
Total lowers Carbon Footprint with Power from Shore Previously called Hild, the Martin Linge development belongs to Total E&P Norge AS (51%), the operator, Petoro AS (30%) and Statoil Petroleum AS...
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Aker and CB&I design $5.6 billion Spar for Statoil Aasta Hansteen
Statoil, ExxonMobil and ConocoPhillips rename Luva project into Aasta Hansteen During the concept selection Statoil estimated the development capital expenditure in the Aasta Hansteen field (formerly...
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“FSO”
Definition FSO is the acronym of Floating Storage and Offloading used to describe the offshore operation between the oil and gas processing and the export to the shore by pipeline or shuttle tankers....
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Gazprom, Total and Statoil to decide soon about Shtokman
Gas prices and high costs dictate to rethink Shtokman The foreseen capital expenditure for the Shtokman gas field development came up from first estimated $15 billion to $30-40 billion. This costs...
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Mustang wins FEED for Saudi Aramco Midyan gas field
Saudi Arabia to switch on Power Generation from Gas With oil price running steadily around $100 per barrel, the use of crude oil to feed Power Generation appeared more and more as a luxurious solution....
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“FPSO”
Definition FPSO is the acronym of Floating Production Storage and Offloading. A FPSO unit is a floating vessel used in the oil and gas industry to treat the oil and gas and condensates offshore before...
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$17 billion Shell & Mitsubishi gas flare recovery in Iraq
Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi...
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GDF Suez and Santos to award Bonaparte FLNG FEED soon
Granherne and Doris complete pre-FEED The GDF Suez Bonaparte is a $3.7 to $4.6 billion Floating LNG project to liquefied the natural gas from the Petrel, Tern and Frigate fields in the Bonaparte Basin,...
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Turret
Definition Turret is the major component of a vessel or any floating production unit (FPSO, FPO) to which the risers coming from the seabed are connected. Turret name refers the rotating function of...
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ENI increases acreage in Polish and Ukrainian shale gas
After Polish Baltic Basin ENI goes to Ukrainian Dniepr-Donetz and Lviv Basins In 2010, the Italian Major IOC Eni had acquired Minsk Energy Resources to become operator of three licences in the Polish...
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PDO evaluates EPC bids for Oman Zauliyah gas processing project
WorleyParsons completed FEED for PDO Zauliyah Petroleum Development Oman (PDO) is working on a new gas plant project at Zauliyah in central Oman adjacent to PDO’s existing Zauliyah Oil Production...
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ENI and GDF-Suez call for tender on $2 billion Jangkrik
ENI and GDF-Suez combine FEED and EPC bids to speed up Indonesian Muara Bakau development After the successfully appraisal of the Jangkrik natural gas discovery, ENI and GDF-Suez intend to speed up the...
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