1. Algerian Gas Set For Boost From 3.7 BCM/Y Petroceltic Development

    ...gineering and design (FEED) is slated for 2013 with construction set to begin in 2014.   Second Farm-Out Planned Petroceltic plans to sell a further stake in the project in order to fund its share of $1.5bn expected capital expenditure to first gas, a massive amount for a company whose market ca...

    Volume: 55
    Issue: 32
    Published at Mon, 06 Aug 2012
  2. Kuwaiti Tanker Fleet Set For Nine-Vessel Expansion In 2014-15

    ...WAIT   Kuwaiti Tanker Fleet Set For Nine-Vessel Expansion In 2014-15 State-owned Kuwait Oil Tanker Company (KOTC) is expecting the delivery of nine new tankers from South Korean firms by mid-2015 as part of a $1.75bn fleet expansion announced earlier this year, the company’s newly appointed ch...

    Volume: 55
    Issue: 32
    Published at Mon, 06 Aug 2012