Latest News

Saudi Aramco awards contract to Nacap

Dutch pipeline contractor Nacap has signed a contract with Saudi Aramco to develop the 900,000 bbl/d Manifa Downstream Pipelines and Water Supply Systems program that includes the engineering, procurement and construction of 420 km of oil, gas and water pipelines.

Kozmino oil terminal underway

The building of the first stage of the sea oil port in Kozmino Bay, the end point of the East Siberian oil pipeline, will be completed in late 2009 including the construction of a 23 km pipeline.

Qatar, Indonesia invest in LNG

Indonesia’s ambassador to Qatar Rozy Munir has said that the two countries have set up a $US 1 billion fund to invest in energy and infrastructure, Reuters has reported.

CNOOC signs MoU with Altona

CNOOC Energy Investment has entered into a Memorandum of Understanding with Altona Resources that provides for the companies to work towards the development of a 10 MMbbl/a coal-to-liquids and 560 MW power co-generation project in South Australia.