Chevron Solves Corrosion Problems in Kazakhstan
Pipeline corrosion is the crucial problem within the oil and gas industry. Corroded pipeline offers great difficulties to the environment and the companies. When oil or gas is moving through the pipeline, it also wears down the material….
Mozambique, Rosneft, Exxon Sign Oil Exploration Agreements
Mozambique signs a contract on oil exploration with Russian oil company Rosneft and U.S. energy company, ExxonMobil. The agreements could lead to as much as $700 million of investment. Companies plan on drilling a minimum of ten wells,…
UAE Invests Dh486 Billion into ADNOC
The UAE will pump Dh486 billion (132b$) into ADNOC to boost its oil and gas production in the period 2019-2023. The announcement comes on the threshold of US sanctions against Iranian crude oil exports. Donald Trump wants to…
ADNOC Announces Oil, Gas Discoveries in UAE
Abu Dhabi National Oil Company (ADNOC) unveiled the discovery of gas totalling 15 trillion standard cubic feet on Sunday. It will allow the UAE to achieve self-sufficiency in gas and potentially become a net gas exporter. As yet,…
Saudi Aramco, BAPCO Commission AB-4 Pipeline
Saudi Aramco and the Bahrain Petroleum Company (BAPCO) have successfully introduced an AB-4 pipeline into service. The Saudi Aramco-Bahrain crude oil pipeline will cater to the needs of Bahrain’s growing energy demand. The new pipeline will be transporting…
Gazprom Approves a 17% increase to Commission Pipeline Projects
Gazprom, a Russian state-controlled gas monopoly, approved a 17% increase in the total amount of corporate spending and investments for this year. The company expects to lay out nearly 1.5 trillion rubles ($23 billion) this year. Its major…
BHGE, McDermott, L&T Receive $1.6bn Contract for a Deepwater Project
Baker Hughes, a GE company (BHGE), McDermott International and L&T Hydrocarbon Engineering received a $1.6bn subsea contract for Oil & Natural Gas Corporation’s (ONGC) deepwater project in India. The ONGC deepwater project covers the DWN-98/2 block construction in…
LNG Canada Awards Fluor JV a $14B Contract
On Tuesday, LNG Canada — a Shell-led joint venture that includes Petronas, Mitsubishi Corp. and Korea Gas Corp. — has awarded the joint venture of Fluor and Japan-based JGC Corp. a $14 billion contract. The companies will build…
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- Alberta Builds New Refineries Despite Crude Price Crunch November 20, 2018
- KOC Awards $1.3bn Contracts for Drilling Rigs November 20, 2018
- ABB Awarded a $79m Deal for the Bab Onshore Field Upgrade in Abu Dhabi November 20, 2018
- Fluor Awarded EPC Contract for Valero’s Refinery in Wales November 16, 2018
- Linggu Chemical Awarded KBR Ammonia LBED Contract November 16, 2018
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