The cost of the Gorgon LNG project offshore Western Australia has grown 40.5% to $52 billion, operator Chevron said Wednesday. A cost and schedule review has been completed, with the total cost estimate for the "foundation project" up ...
Tags: capital program, cost and schedule review, foundation project
The UK expects its tax revenues from the oil and gas industry to slip by more than a third in the current tax year as declining North Sea production levels, lower than expected oil prices and upstream tax breaks crimp its receipts, the UK's ...
Drydocks world has entered into a multi million dirham contract with Premier Oil a well known oil exploration and production company with interests in several countries to build a subsea facility for the Solan oil field at its Dubai based ...
Tags: DDW, Premier Oil, gas, oil
Demand for protective coatings in the European Union has been weakened by the downturn in EU manufacturing due to the euro crisis. But there is a protective coatings segment—coatings for oil and gas pipeline—further east in ...
Tags: protective coatings, EU, euro crisis, coatings for oil and gas pipeline
PTI reported that Reliance Industries has denied allegation that it is hoarding gas by keeping KG-D6 output low saying it was technically impossible to store gas in the KG basin fields and sought appointment of independent international ...
Tags: Hoarding Gas, Reliance Industries, Oil and gas reservoirs
IV. Development Zone At present, Ningxia has 1 state-level economic development zone and 16 regional levels economic development zones Ningxia, adhering to the principle of “Focusing on dominant industries with unique ...
Tags: Ningxia, business, introduction to Ningxia, Ningxia economy, survey
It's reported that Russia-based TMK, a major global supplier of steel pipes for the oil and gas sectors announced it has acquired 55% stakes at Oman's Gulf International Pipe Industry L.L.C. (GIPI). It's known CIPI, pipe company with ...
The Institution of Engineering and Technology (IET) has announced the winners of its 2012 Innovation Awards, with LUX-TSI winning the award in the Measurement in Action category, sponsored by the National Physical Laboratory (NPL). The ...
Tags: LUX-TSI, 2012 Innovation Awards, The IET Innovation Awards, LED, Lamp
ACE will soon inaugurate a new office in Aberdeen before the end of 2012 as part of its continued strategy to enhance service for UK regional brokers and clients. According to the underwriter, the branch will be ACE's 12th in its UK and ...
Tags: ACE, insurance business
A senior Iranian energy official says the country plans to surpass Qatar in gas production from the massive offshore South Pars gas field, which is shared by the two countries. Mr Mousa Souri MD of Pars Oil and Gas Company said that ...
Tags: gas field, gas production, gas recovery
Analysis of recently completed seismic data by top multinational companies showed that Lebanon's gas wealth could exceed that of Israel. Mr Salah Khayat said CEO of Lebanon's upstream oil and gas company Petroleb said that "Analysis of ...
Tags: gas, gas wealth, Petroleb, oil
According to the Federation of Pakistan Chambers of Commerce and Industry, Pakistani oil and gas companies can operate comfortably in Indonesia and make reasonable profits. Mr Atif Ikram Sheikh chairman of FPCCI coordination Islamabad ...
SCG s vice president for corporate affairs, Tanawong Areeratchakul, said the company had signed a contract with SAP (Thailand) to upgrade its ERP project to boost growth domestically and in countries such as Vietnam and Indonesia. Under ...
Tags: The ERP project, Siam Cement Group, information technology
Technip was awarded by The Dow Chemical Company the front-end engineering and design (FEED) contract and cracking furnaces engineering and procurement services for a previously announced new large world-scale ethylene production plant to be ...
Tags: ethylene plant, cracking furnaces engineering, ethylene production
The first barrel of ethane from the Bakken field will go to Nova Chemicals' Joffre, Alberta facility to be value added and converted into polyethylene next year, which explains why CEO Randy Woelfel described himself at an industry event in ...
Tags: Shale gas, Petchems, petrochemicals