Producing oil and gas for the world Established in 1992 from the Azerineft State Concern and Azerneftkimya Production Association, the State Oil Company of the Azerbaijan Republic (SOCAR) received the mandate as national oil company to : – Improve the management structure of the oil and gas industry – Develop the energy industry In this […]
State Oil Company of the Azerbaijan Republic (SOCAR) in brief Read More »
Petronas to move on Burma Yetagun North expansion The Yetagu gas field is located in southern Andaman Sea about 100 kilometers west offshore Myanmar coast line. Originally explored and developed by Texaco, Premier Oil and Nippon Oil Exploration (JX NOEX) , the American withdrew in the years 2000s because of the US sanctions against Myanmar. The Malaysian
Petronas received bids on Yetagun North wellhead platform Read More »
Saudi Aramco revises plans to explore shale gas Since Saudi Arabia is struggling to increase its natural gas production to meet its fast growing demand, the national oil company Saudi Aramco investigate all potential sources of supply, onshore and offshore, conventional and unconventional. The consumption of natural gas in Saudi Arabia is increasing very fast because
Saudi Arabia: the next country to develop shale gas Read More »
Investing for the future of Oman The Sultanate of Oman established the Oman Oil Company S.A.O.C. (OOC) in 1992 as the national oil company with the mission to build a prosperous future for Oman regardless country’s direct oil and gas revenues. This mission still guides the Sultanate’s Vision 2020 for its wholly owned Oman Oil
Technip/Shaw Energy and Chemicals to provide PMC The Oman State wholly-owned Oman Oil Company (OOC) and the Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC) have approved the location and the financing for their joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) project. The joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) was established in June
OOC and IPIC approved financing for Oman Duqm Refinery Read More »
Mitsui, Toyo and Unico study $2 billion fertilizer project A Japanese consortium made of Mitsui, Toyo Engineering Corporation (Toyo) and the consulting company Unico International Corporation (Unico) is working on a greenfield $2 billion fertilizer plant in the South of Iraq. This project comes while the: – Houston-based engineering company KBR is revamping and expanding
Iraq gas recovery to increase pace for fertilizers projects Read More »
Initiate, Create and, Deliver Established in 1947 with its headquarter in Tokyo, Japan, Mitsui & Co. Ltd (Mitsui) is a diversified industrial company with a global presence in 67 countries and listed in Tokyo Stock Exchange. With more than 44,000 employees, Mitsui manage a large portfolio of products and services covering: – Iron and Steel
Jordan qualified 13 contractors for Red Sea oil terminal In May 2012, Jordan Ministry of Energy and Mineral resources published the call for tender of the Aqaba Oil Terminal. Among the countries having the highest dependency on foreign energy source, Jordan imports 96% of the country’s energy consumption. Jordan holds some natural gas with the
Contractors to submit offer on Aqaba Oil Terminal Read More »
GE to power pre-salt semisubmersible drilling vessels The Brazilian national oil company Petroleo Brasileiro SA (Petrobras), Sete Brazil Participaçoes SA (Sete) and its contractor Keppel Fels do Brazil SA (Keppel) have selected GE’s Power Conversion electrical solutions to power and propel the first series of six semisubmersible drilling rigs. Petrobras is the operator imposing the key requirements
Petrobras, Sete and Keppel select electrical solution for new drilling rigs Read More »
Sete is made for Brazil. Our history is just beginning. Sete Brasil Participações S.A. (Sete) was established in 2011 by Petrobras to meet the booming demand for drilling rigs in Brazil for the exploration and production of the pre-salt oil and gas fields. These pre-salt oil and gas fields are located: – Far offshore, between 200 and
