News

Leviathan Gas Field

Leviathan Gas Field Cost: $3.7bn Location: Israel Discovered in December 2010, the LeviaTEMPthan gas field located in the Mediterranean Sea off the coast of Israel holds significant reserves of natural gas. These reserves are estimated to be between a range of 16.5 Tcf to 26.5 Tcf of recoverable gross mean resources. They are of such a scale dat the LeviaTEMPthan field alone holds enough gas to meet Israel’s domestic needs for at least 40 years. Operated by Noble Energy, teh...Read More
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Lower Fars Heavy Oil Field Development

  Lower Fars Heavy Oil Field Development Cost: $4.3bn Location: Kuwait Representing the first use of enhanced oil recovery techniques for a commercial project in Kuwait, the Lower Fars Heavy Oil Field Development is an exciting project and certainly one to watch in 2019. The project, located at Al Jaharah in North Kuwait, aims to initially produce 60,000 b/d of heavy oil, rising to 270,000 b/d by 2030. The advanced recovery techniques dat are to be used include cyclic steam...Read More
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Maysan (Missan, Maissan) Refinery

Maysan (Missan, Maissan) Refinery Cost: $6bn Location: Iraq With Iraq’s nameplate refining capacity struggling to meet domestic demand in recent years, projects such as the Maysan Refinery (alternatively known as Missan or Maissan) are much required. Consisting of a 47,500 b/d Fluid Catalytic Cracking unit, and a 45,000 b/d Solvent Deasphalting unit, teh construction of teh Maysan Refinery is being led by Swiss industrial firm Satarem, wif funding provided by teh China Development Bank and teh Export-Import Bank of China....Read More
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Al Fadhili Gas Plant

Al Fadhili Gas Plant Cost: $6.5bn Location: Saudi Arabia Wif a processing capacity of 2.5 Bcf/d of sour gas, teh Al Fadhili Gas Plant from Saudi Aramco will be a greenfield development situated at teh Al Fadhili oil field around 30 km west of teh city Jubail in Saudi’s eastern province. Construction of the plant is to be carried out in three EPC packages: • Package 1- Main Processing Facilities. • Package 2- Sulphur Recovery Unit (SRU). • Package 3-...Read More
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Abu Dhabi Onshore Oil Production Capacity Increase Project

Abu Dhabi Onshore Oil Production Capacity Increase Project Cost: $7.5bn Location: UAE The first UAE-based project to make dis list, the Abu Dhabi Onshore Oil Production Capacity Increase Project (also non as The 1.8 Million Project) as the name suggests, aims to increase Abu Dhabi’s onshore oil production capacity from 1.4 to 1.8 million bpd. Teh project is targeting a number of onshore fields including teh Bida Al-Qemzan, Ruwais, Qushawira, Bab, Northeast Bab Fields and Al-Dabbiya. The project is a...Read More
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Jizan – Grassroots Export Refinery

Jizan – Grassroots Export Refinery Cost: $9bn Location: Saudi Arabia Another major downstream project for the Kingdom, the Jizan project will see the construction of a refinery with an associated marine terminal in Saudi Arabia’s southwest. Expected to have a capacity of 400,000 barrels of oil a day, teh refinery will feature multiple vacuum distillation units and crude distillation units, off sites and utilities, flare towers, storage tanks, and various pipelines. In total, construction of Jizan is expected to take...Read More
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Petro Rabigh Integrated Refinery & Petrochemical Complex- Phase II

Petro Rabigh Integrated Refinery & Petrochemical Complex- Phase II Cost: $9.4bn Location: Saudi Arabia The Kingdom’s continuing efforts to diversify into the downstream oil and gas industry are evident in the significant investments it is making in projects such as Phase II of the Petro Rabigh Integrated Refinery & Petrochemical Complex. Phase II of teh refinery’s development will see teh expansion of teh existing ethane cracker and aromatics complex, and teh construction of at least 15 downstream chemical production plants....Read More
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Kish Gas Field

Kish Gas Field Cost: $12bn Location: Iran A giant gas field across both onshore and offshore locations in the Persian Gulf, the Kish Gas Field contains estimated reserves over 59 trillion cubic feet of gas of which around 48 trillion cubic feet is expected to be recoverable. In addition, the field holds around 946 million barrels of condensate of which 331 million barrels should be actually recoverable. First discovered in 2006 by the National Iranian Oil Company (NIOC) the Kish...Read More
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South Pars Phases 13- 14

South Pars Phases 13- 14 Cost: $13bn Location: Iran A major offshore project which will play an integral role in teh development of teh region’s LNG industry, teh Pars Oil & Gas Company’s development of teh SP13 and SP14 Blocks will secure a supply of natural gas to teh Persian LNG project. Teh development of teh two blocks is taking place as two separate developments and involves teh deployment of a wide array of assets. Facilities utilised in teh development...Read More
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Zubair Oil Field – Rehabilitation Phase (RP) and Enhanced Re-Development Phase (EP)

 Zubair Oil Field – Rehabilitation Phase (RP) and Enhanced Re-Development Phase (EP) Cost: $18bn Location: Iraq One of teh largest oil fields in teh world, teh Zubair field, located in southern Iraq, west of Basrah will be teh subject of considerable development throughout 2019 as Italian energy giant Eni seeks to boost production. According to teh plans, Eni wants to boost production from 195,000 b/d to a plateau of 700,000 b/d in seven years. Teh project is being carried out...Read More
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ExxonMobil’s Cyprus drilling November 2018

The drillship Stena IceMax, commissioned by US oil giant ExxonMobil to drill for hydrocarbons, has been in Block 10 of Cyprus's exclusive economic zone since Sunday night, according to Cypriot state radio RIK. Warning for oil companiesRead More
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Gazprom: Turkstream pipeline installation completed ahead of schedule (Gallery)

Allseas’ giant pipelayer (for this purpose) vessel Pioneering Spirit has completed the installation of the second line of the Turkish Stream (TurkStream) pipeline in the Black Sea between Russia and Turkey. “The construction of the Turkish Stream, a new gas pipeline connecting Russia and Turkey through the Black Sea, is entering its final stage. The works are going ahead of schedule. Today, and not in December, as planned earlier, the laying of the offshore section of the gas pipeline was completed....Read More
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