Killajoules

Technip awarded major contract for an accelerated production system on the Mariscal Sucre field in Venezuela
Technip was awarded a major procurement, installation and operation support contract by Petroleos de Venezuela S.A. (PDVSA) covering subsea, onshore and offshore facilities, for an accelerated production system on the Mariscal Sucre Dragon development, offshore Venezuela.

Eni and PDVSA advance in Orinoco project
The Minister of Energy and Petroleum of Venezuela and President of PDVSA, Rafael Ramírez and Eni's CEO Paolo Scaroni, met yesterday in Caracas to discuss the significant joint projects between PDVSA and Eni in Venezuela.

Foster Wheeler Awarded Design Contract for a New Refinery in Venezuela
Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a process design and front-end engineering design (FEED) services contract by PDVSA for the new Batalla Santa Ines Refinery Phase I Hydroskimming section to be built in Barinas, Venezuela.

Financial resources secured to expand the capacity of El Palito and Puerto La Cruz refineries
As part of the strategy of diversifying markets and sources of funding, officials of Petroleos de Venezuela SA (PDVSA) and the Japan Bank for International Cooperation (JBIC) signed an agreement for a credit transaction for an amount of 1,500 million dollars for projects of deep conversion to the refineries in El Palito (REP), and Puerto La Cruz (PLC) located in Carabobo and Anzoategui states, respectively.

Closing of the loan agreement to PDVSA
Marubeni Corporation, Itochu Corporation and Mitsui & Co., Ltd. (herein after referred to as our “Parties”) finalized the agreement for loan facilities in the amount of US$ 750 million (loan period: 15 years) granted to Petróleo de Venezuela S.A. ("PDVSA"), with the support of Japan Bank of International Cooperation ("JBIC") and Nippon Export and Investment Insurance (“NEXI”).

SNC-Lavalin Awarded Feed For Pdvsa’s Giant Rio Caribe-Mejillones Offshore Development
SNC-Lavalin (TSX: SNC) is pleased to announce that it has been selected to perform the front end engineering and design (FEED) for Petróleos de Venezuela, S.A.’s (PDVSA) Rio Caribe-Mejillones gas-condensate development offshore Venezuela. This award follows SNC-Lavalin’s successful completion of the concept screening phase in 2010.

El Palito refinery FCC Back Online after Fire
Petroleos de Venezuela Socialist community informs of the commissioning of the Catalytic Cracking Unit (FCC) of the El Palito refinery, after the work done in the aforementioned soft start producing plant materials for the fuel mix.

Jesus Sanchez, general manager of the El Palito refinery (REP), said that occur after the power failure on Monday 21 March, PDVSA staff Socialist Carabobo refining complex met the operational and safety procedures for commissioning service units and conversion Distillation Media, as well as industrial services.

"As previously announced, this weekend was completed startup REP units and thus the normalization of the complex, producing the different fuels refining our center daily supplies to 10 states.

Controlled small fire at PDVSA Cardon Refinery
Petróleos de Venezuela, SA (PDVSA) reports that at 1:15 pm on Wednesday 2 March, it caused a small fire in the pump room of the plant dewaxing Cardon refinery, part of the Paraguana Refining Center, Falcon State.

Eni: new successful well at super-giant Perla gas field, offshore Venezuela
Eni announces the successful results of the Perla-4 appraisal well, located in the Cardón IV Block in the shallow water of the Gulf of Venezuela. This well upgrades the estimate of gas in place of the Perla field, a super-giant gas discovery, to over 16 Tcf (2.9 billion barrels of oil equivalent).

Eni starts heavy oil world-class project in Venezuela
Rafael Ramírez, Minister of Energy and Petroleum of Venezuela and President of PDVSA, and Paolo Scaroni, CEO of Eni, today signed in Caracas the contracts for the creation of two Empresas Mixtas (Mixed Enterprises): PetroJunín, dedicated to the development of Junín 5 Block, located in the Orinoco Oil Belt some 550 kilometers south east of Caracas, and PetroBicentenario, dedicated to the construction and operation of a refinery in the area of the existing industrial coastal complex of Jose. The participation in both Mixed Enterprises will be PDVSA 60% and Eni 40% according to the terms of the new hydrocarbon law of the Bolivarian Republic of Venezuela.