Definition E&P is the acronym of Exploration and Production in the oil and gas industry. E&P is also the synonymous of Upstream E&P or Exploration and Production or Upstream refer in the same way to all the oil and gas activities from the search of potential reserves to the first transformation of the crude oil or […]
ReadAnadarko sold 7.2% Lucius stakes to welcome Inpex Anadarko Petroleum Corp. (Anadarko), formaly Kerr-Mc Gee, and its partners, Apache, Eni, ExxonMobil, Petrobras and Plains Exploration & Production (PXP), had sanctioned the development of the Lucius project in December 2011. In July 2012, Anadarko sold 7.2% of its interests in Lucius to Teikoku Oil, a wholly owned Inpex […]
ReadAfter Eni, Talisman and Total, Sonatrach eyes on ExxonMobil and Shell After signing contracts with ENI from Italy, Talisman Energy (Talisman) and Total from France, Sonatrach is willing to attract ExxonMobil and Shell for the exploration and production of unconventional gas, shale gas and tight gas, in Algeria. According to recent studies performed by Sonatrach, […]
ReadQatar to invest $25 billion in petrochemicals until 2020 In February 2012, Qatar Petroleum (QP) and Qatar Petrochemicals Corporation (Qapco) had signed a Heads of Agreement (HOA) to add a $5.5 billion petrochemical complex in Ras Laffan Industrial City, Qatar. In this project QP and Qapco will share interests according to: – Qatar Petroleum 80% – Qapco 20% In Qapco […]
ReadIraq export pipeline to Aqaba to substitute Syria pipeline SNC Lavalin from Canada and Stroytransgaz from Russia had been appointed respectively in 2011 and 2010 to provide consultation services and rehabilitation work studies to build two crude export pipelines and one gas pipeline through Syria. These pipelines should have a total capacity of 2.75 million […]
ReadSaudi Aramco extends Jacobs’s FEED on $3 billion Ras Tanura Refinery Clean Fuel and Aromatics project In May 2011 Saudi Aramco awarded the Front End Engineering and Design (FEED) to Jacobs ZATE for the Ras Tanura Refinery Clean Fuel and Aromatics project. Located in the Eastern Province of Saudi Arabia, along the Arabian Gulf, Ras […]
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