BP, ExxonMobil, Shell, Total in concessions race In 2013, the historical international oil companies (IOCs) BP from UK, ExxonMobil from USA, Statoil from Norway, Partex from Portugal and Total from France have been racing to at least preserve and hopefully extend in 2014 their respective concessions rights in the onshore fields of Abu Dhabi shared […]
ReadAlgeria aims to double oil & gas production in 10 years After a couple of years with no significant investments and the trauma of the In Amenas attack, the Algerian Government and its national oil and gas company (NOC) Sonatrach have decided to ramp up the oil and gas production in order to double it in the […]
ReadECH to build world largest naphtha cracker at Sokhna Egypt Carbon Holdings, a privately-owned company, is working with several national export credit agencies to expand the financing of its Tahrir Petrochemical project including the world largest naphtha cracker to be installed at Ain Sokhna at the entry of the Suez Channel in Egypt. Originally estimated […]
ReadPCIC Middle-East published 2014 Technical Program The next Petroleum & Chemical Industry Conference (PCIC) Middle-East released its technical program for the next edition to take place at the Abu Dhabi InterContinental Hotel on February 3rd and 4th, 2014 in the United Arab Emirates (UAE). Organized with the support of the Petroleum & Chemical Industry Committee […]
ReadCNPC and Total to double production with Halfaya-3 The China National Petroleum Corporation (CNPC or PetroChina) and its partners, Total from France, Petronas from Malaysia and the local South Oil Company (SOC) confirm to target the plateau production of the Halfaya oil field in the south of Iraq by 2017 as originally defined. Halfaya oil […]
Read$2 billion Nasiriyah and Bin Umar Oil Depots delayed The national oil company (NOC) State Company for Oil Projects (SCOP) has announced to postpone the tenders opening ceremony for the $2 billion oil storage depots project planned in the south of Iraq. Since the license rounds in 2009 and 2010 during which Baghdad Government awarded […]
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