Definition: “IOC” is the acronym of International Oil Company and nominates the Oil & Gas companies which are […]
Read more 16 Mar 2012
“IOC”
16 Mar 2012
Baku Oil & Gas and Petrochemical complex
The State Oil Company of Azerbaijan (SOCAR) has invited local and foreign companies in Baku in April to […]
Read moreApache has awarded GE Oil & Gas a $150-million contract for subsea equipment, including project management, engineering and […]
Read more 15 Mar 2012
“NOC”
Definition: The “NOC” acronym means “National Oil Companies” and refers to the local oil producing companies owned by […]
Read more 15 Mar 2012
Dong Hejre project in Denmark
Technip, in partnership with Daewoo Shipbuilding & Marine Engineering (DSME), was awarded by Dong E&P and Bayerngas, a […]
Read more 14 Mar 2012
Statoil awards a series of projects
Well supported by its financial performances and the sustainable price of the oil, Statoil has announced on the […]
Read more 14 Mar 2012
Grass-roots
Definition: The wording “Grass-roots” refers to a new plant to be built up from scratch. It has no […]
Read moreFormosa Plastics Corporation, U.S.A. announced to invest more than $1.7 billion at its Point Comfort, Texas site, USA, […]
Read more 13 Mar 2012
Shale gas and cash race
On February 27th the gas price in North America reached a new low at $2.57 per million btu […]
Read more 13 Mar 2012
Lump Sum Turn Key Contract
Definition: A “Lump Sum Turn Key (LSTK) Contract” refers to bidding terms and conditions between the End User […]
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