BP submitted plan for $12 billion Tangguh expansion In August 2012, BP and its partners MI Berau B.V., CNOOC Ltd , Nippon Oil Exploration (Berau) Ltd, KG Berau/KG Wiriagar, LNG Japan Corporation and Talisman Energy submitted their plan for the Tangguh LNG expansion project to the Indonesian Authorities. BP is planning to add a third train […]
BP launches parallel FEED on Tangguh third LNG Train Read More »
Carnarvon basin smiles at Chevron for LNG expansion On September 2012, Chevron Corporation (Chevron) made a new gas find in the Greater Gorgon Area offshore Australia. Exploring the WA-374-P block of the prolific Carnarvon basin, Chevron performed the exploratory well Satyr-2 about 120 kilometers northwest of the Barrow island, offshore the Western Australia coast. The
Chevron makes new discoveries in Australia Greater Gorgon Read More »
Statoil’s vision stands in “Crossing Energy Frontiers” Statoil ASA is a public limited liability company established under the laws of Norway, thus Statoil is subject to the provisions of the Norwegian Public Limited Companies Act. Statoil has global operations and working interests in 41 countries and territories with a Market Leadership on the Norwegian Continental Shelf NCS. Founded in as the
Statoil to build IOR center and redefine drilling rigs Statoil leads the world on recovery rate in exceeding for the first time an average of 50% in 2011. By comparison the global oil recovery rate is around 35% and in the Norwegian Continental Shelf (NCS), all the producers reach an average of 47%. Among them, Statoil
Statoil tenders new rigs to target 60% oil recovery Read More »
Floating LNG lead Petronas to develop new solutions Petroliam Nasional Berhad (Petronas) from Malaysia and Honeywell’s UOP from Des Plaines, Illinois, USA, signed a cooperation agreement to develop new solutions for the natural gas treatment on board of vessels. While the crude oil production is stalled on a plateau, the natural gas production is increasing continuously
Petronas and UOP to cooperate in gas processing technology Read More »
From an Oil and Gas company to the Energy Company Total S.A. (Total) is a limited company, established in France in March 1924, and listed on Paris , London, Brussels and New York Exchanges with operations in more than 130 countries and 96,000 employees. Under different brands, Total, Elf, Elan, AS24, Total is the first largest
Total to convert Antwerp naphtha cracker to ethane Total announced during investor day, that he will spend $1.5 billion capital expenditure to adapt its Antwerp refinery and petrochemical complex to the market conditions. With a capacity of 350,000 b/d, Antwerp is the second largest refinery in Europe and the largest in Total including: – 348,000
Total to invest $1.5 billion in Antwerp refinery and petrochemical complex Read More »
Petronas and Japex move on Iraq Gharraf phase 1 The Malaysian national oil company, Petronas, Japan Petroleum Exploration (Japex) and North Oil Company from Iraq, are moving one the first phase of the development of the Gharraf, or Garraf, oil and gas field in southern Iraq. Gharraf is the fifth largest oil field in Iraq with estimated 1
Petronas to call for bid on Gharraf Gas Treatment Plant in October Read More »
Growth is Life Headquartered in Numbai, Reliance Industries Limited (RIL) is the largest private sector company in India, listed on the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE). As a Group, RIL is a rather diversified company but with a solid core business around the oil and gas industry
Saudi Aramco to upgrade Yanbu Lube Oil Refinery Saudi Aramco and Jadwa Investment have received the tenders from four engineering companies bidding on the expansion of Luberef Yanbu Lube Oil Refinery Expansion. The Saudi Aramco Lubricating Oil Refining Company (Luberef) is operating the lube oil refineries of Yanbu and Jeddah under the name of Saudi Aramco
Four contractors bidding on $1 billion Luberef Expansion Read More »
