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UK lifts fracking ban on shale gas

UK to lead shale gas exploration in Europe On December 13th, 2012, the UK Government lifted the ban on exploration and production of shale gas with the expectation to develop a dedicated industry upstream and downstream that could create 42,000 permanent jobs. This ban had been decided in 2011 after small earthquakes had been recognized […]

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Lanxess in brief

Energizing Chemistry Lanxess AG (Lanxess) is a young company founded in 2005 with 150 years of history in the chemical industry as the result of Bayer strategic spin off of plastics and synthetic rubber assets. Still home-based with Bayer in Leverkusen, Germany, will relocate headquarters next door in Cologne,  in 2013. Lanxess is covering 31 […]

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Hoegh-KBR and SBM-Linde in competition on Cash-Maple FLNG

Hoegh-KBR to submit competitive pre-FEED to PTTEP The Norwegian Hoegh LNG and the  Houston-based KBR are completing a pre-front end engineering and design (pre-FEED) work for the Cash-Maple FLNG project to developed by the Thailand national oil company PTTEP. The Cash-Maple FLNG project is related to the exclusive license owned by PTTEP on the offshore blocks AC/RL7, AC/P54 […]

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Kuwait to develop heavy crude oil to increase production

KOC to give priority to onshore exploration During  Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), Kuwait Oil Company (KOC) announced to have received  mandate from Kuwait Petroleum Company (KPC) to increase crude oil production from actual 3 million b/d to 4 million b/d by 2030. Considering the age and the level of maturity of the actual fields in […]

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Noble Energy in brief

Energizing the World, Bettering People’s Lives. Established in 1932 to explore the Gulf of Mexico, Noble Energy Inc. (Noble) has remained over 80 years an independent oil company bases in Houston, Texas. Focusing on the upstream side of the business, Noble operates onshore and offshore in short selection of oil and gas fields:  – DJ basin of […]

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