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Sabic – Mitsubishi – Asahi to build first Middle-East acrylonitrile project

Sabic signed joint venture for Jubail Acrylonitrile Project After years of technical and commercial studies, Saudi Basic Industries Corporation (Sabic), and its Japanese partners, Mitsubishi Corporation (Mitsubishi) and Asahi Kasei Chemicals Corporation (Asahi) signed a joint venture to build the first acrylonitrile and sodium cyanide plant in the Middle-East. In this purpose, Sabic, Mitsubishi and Asahi estblished […]

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One Day – One Country: Angola

Angola Key Projects and Business Highlights After a first wave of exploration and production of conventional oil and gas offshore fields, the major companies such as BP, Chevron, Cobalt International Energy Company Inc. (Cobalt),Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina (CNPC), Statoil and Total come back to Angola with major projects to replicate the lessons learnt from the Brazilian […]

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Cobalt to become a big player in Angola with Cameia discovery

Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in the Angola deep offshore Kwanza […]

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Osaka Gas joins Horizon Oil in Papua Wet Gas and LNG projects

Horizon and Osaka Gas to ally in Papua New Guinea The Australian Horizon Oil Ltd (Horizon) and the large utility company Osaka Gas from Japan signed a strategic alliance to develop acreage gas fields in Papua New Guinea (PNG) for the production of condensate and liquefied natural gas (LNG). In November 2012, Horizon had announced to […]

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Nigeria to rebuild Refining capacities

Dangote to invest $8 billion in new Nigeria refinery The Nigerian billionaire Aliko Dangote announced its project to build a greenfield new refinery in Nigeria in order to compensate current imports. Nigeria is the largest crude oil producer in Africa but is also one of the largest importer of fuels despite the largest installed base […]

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KBR to design topsides for Chevron Lianzi project offshore Angola and Congo

Subsea 7 to subcontract Lianzi topsides to KBR The Houston-based KBR has been selected by Subsea 7 to design the topsides of Chevron Lianzi project offshore the Republic of Angola and the Republic of Congo on the west coast of Africa. The Lianzi oil and gas field is located 105 kilometers from shore in the […]

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