A leading Asian exploration and production company Home based in Bangkok, Thailand, PTT Exploration and Production Public Company Limited (PTTEP) was established in 1985 to provide Thailand with sustainable oil and gas supply in competitive conditions. PTTEP is a national petroleum exploration and production company owned by the state-owned company PTT, but since 1993, PTTEP […]
ReadPTTEP to join ExxonMobil, Total and Pertamina On October 20th, 2012, the Director of the Oil and Gas at the Indonesian Ministry of Energy and Mineral resources confirmed that the Thai national oil company, PTTEP, has been selected to replace the leaving Malaysian Petronas from the partnership. In the competition, to take the seat left by […]
ReadBG to become first supplier of LNG in China BG Group from UK and China National Offshore Oil Corporation (CNOOC) signed Heads of Agreement (HOA) about the Queensland Curtis Liquefied Natural Gas (QCLNG) project. Both companies were already partnering in the QCLNG project, but with the agreed Heads of Agreement, BG Group and CNOOC manage […]
ReadA world leader in natural gas In August 1986, The UK Government established and enlisted in London Stock Exchange British Gas Plc by the privatization of the British Gas Corporation and transfer of the corresponding assets. After spinning off the non strategic activities, Centrica plc. and what is renamed today National Grid plc, British Gas became BG […]
ReadGiant Filanovksi project to open Caspian Sea to Lukoil In October Lukoil organized a welcome reception dedicated to the selected contractors for the Vladimir Filanovsky field development project in the north of the Caspian Sea. With $3.5 billion capital expenditure, the Filanovsky project is strategic for Lukoil as it opens a $22 billion campaign of […]
ReadEni, Total, Kogas and Novatek win exploration blocks On October 30th, Cyprus announced to award four permits out of the second licensing round initiated by the Cyprus Government in February 2012. For this second licensing round, Cyprus offered 12 blocks for auction to oil and gas companies to bid until end of May. From this […]
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