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Giant Turret Module for World's Largest Floating Facility Sets Sail for South Korea

Dec 10, 2016

The turret is part of a mooring system designed to ensure Prelude FLNG can operate safely in the most extreme weather conditions. At almost 100 metres high, it is the largest in the world. The turret will run through the front of the ...

Tags: Giant Turret Module, Floating Facility

Shell Decides to Move Forward with Groundbreaking Floating LNG

Dec 10, 2016

The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to ...

Tags: Shell, LNG

Adnoc Selects Shell to Develop Bab Sour Gas Project in Abu Dhabi

Dec 9, 2016

The two companies will now enter a period of commercial and technical work leading to the development of the Bab sour gas reservoirs which are 150 kilometres south-west of the city of Abu Dhabi. It is intended that the JV will be the ...

Tags: Shell, Bab, gas

Shale Gas Industry on The Rise in China

Dec 31, 2015

In China's financial hub Shanghai, kitchen stoves now use a new energy source: shale gas, a clean energy that travels more than 1,600 kilometers to the city's homes via a series of pipelines. China has recently made breakthroughs in shale ...

Tags: Shale Gas Industry

Iran Unveils New Oil Contracts as It Seeks International Investment

Dec 2, 2015

Iran unveiled its hotly anticipated new petroleum contracts to dozens of international oil companies in Tehran Saturday, and the first set of new tenders could be released by late January, a senior Iranian oil official said. The two-day ...

Tags: Oil, LNG, Iran Petroleum

Sinopec, PetroChina Connect Two Gas Pipelines

Apr 29, 2015

China's state-owned oil giants Sinopec and PetroChina successfully connected the Sichuan-East China gas pipeline with the second West-East gas pipeline over weekend, Sinopec said Monday, April 27. The connection is in Hubei province's ...

Tags: Crude Oil, Gas Pipeline

A Industrial Gas Flow Discovered in North China

Feb 24, 2015

A six-meter-high industrial gas flow was discovered at a shale gas well in Inner Mongolia Autonomous Region, marking a breakthrough in shale gas development in north China, local authorities said Sunday. The well, based in coal-rich Ordos ...

Tags: Industrial Gas, Natural Gas

China New Policy on Russia Oil

Oct 2, 2014

China stands to gain much more than oil from deepening Western sanctions on Russia. Already in May, Moscow's tenuous international position prompted it to make concessions in order to sign a landmark gas supply agreement – the "Power ...

Tags: Oil, Metallurgy, Mineral, Energy

The Kavian Petrochemical Plant in Iran Can Quadruple Its Output

Aug 12, 2014

The Kavian petrochemical plant in Iran can quadruple its output and increase it to two million tons per annum after it receives sufficient feedstock from South Pars gas field, FARS News Agency reported quoting the Ministry of Petroleum. ...

Tags: Iran, Plant, Textile

Iran's West Ethylene Pipeline Is Expected to Go Operational by The End

May 15, 2014

Iran’s 1,500 km long West Ethylene Pipeline is expected to go operational by the end of the current Iranian calendar year (March 20, 2015), said Managing director of Iran's National Petrochemical Company (NPC) Abbas Sheri Moqqadm, ...

Tags: Pipeline, petrochemical plants

Japan Petroleum Exploration Will Start Drilling First Horizontal Shale Exploration Well

May 15, 2014

Japan Petroleum Exploration plans to start drilling Japan's first horizontal shale exploration well at its onshore Fukumezawa oil field in Akita prefecture in the northwest for about one month from May 22, a company official said Tuesday. ...

Tags: Petroleum, shale gas

ABS Secures Prestigious FLNG Classification Contract Tuesday,May 06,2014

May 7, 2014

ABS secures Prestigious FLNG classification contract Tuesday, May 06, 2014 ABS, a leading provider of classification and technical services to the global offshore industry, has been awarded the classification contract from PETRONAS, ...

Tags: ABS, FLNG Classification Contract

Korea Had Sold 5% of Stake in LNG Canada to Shell as Part of Efforts to Reduce Its Debts

May 6, 2014

South Korea's state-owned Korea Gas Corp said Friday it had sold 5% of its stake in LNG Canada to Shell as part of efforts to reduce its debts. "Kogas' subsidiary Kogas Canada LNG Ltd. has transferred 5% of its stake in LNG Canada to ...

Tags: Gas, LNG Canada

South Korea Is Working on a Mid-Term Plan to Explore Oil and Gas

Apr 23, 2014

South Korea is working on a mid-term plan to explore oil and gas reserves off the country's coast as part of efforts to help reduce its heavy reliance on foreign crude imports, an energy ministry official said. "The government plans to ...

Tags: Oil, LNG, foreign crude imports

Oil and Gas Development Co. Has Increased The Price of Gas Sold to Twin Distributors

Apr 11, 2014

Pakistan's biggest oil and gas explorer, Oil and Gas Development Co., has increased the price of gas sold to twin distributors -- Sui Northern Gas and Sui Southern Gas -- by almost 8%, the company said in a statement Wednesday. The Oil ...

Tags: oil, gas explorer, Sui Southern Gas

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