One day – One News
Cairn, San Leon, Genel increase footprint in Morocco On the same week, Cairn Energy (Cairn) announced to sign a Farm-in Agreement for offshore exploration and production while San Leon Energy (San Leon) extended its oil shale onshore acreage, both in Morocco. These moves reflects the potential of resources and the momentum taken by Morocco in […]
Carlyle targets emerging markets with DuPont Performance Coatings DuPont and The Carlyle Group (Carlyle) signed a definitive agreement by which Carlyle will buy DuPont Performance Coatings (DPC), the DuPont’s Coatings Division. Still submitted to regulatory approval, the transaction should be effective on the first quarter 2013. Carlyle is a global alternative assets manager having already […]
Bio-technologies to convert GHG into low carbon fuels The nylon world leader, Invista from Wishita, Kansas, USA, and the bio-technology specialist LanzaTech signed a joint development agreement to convert carbon monoxide waste into butadiene and other chemical feedstocks. The producer of “Lycra” and other famous “Coolmax” fibers, Invista is developing and producing high added value […]
Eni, Vitol and GNPC to develop Ghana offshore gas Eni from Italy, Vitol from Switzerland and the National Oil Company Ghana National Petroleum Corp (GNPC) have signed a Memorandum of Understanding (MOU) to develop the Offshore Cape Three Points (OCTP) Blocks offshore Ghana. This MOU follows the discoveries by Eni and its partners of significant recoverable reserves […]
After 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, […]
Iraq 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 […]
Skrugard and Havis confirm Barents Sea potential Statoil and its partners ENI from Italy and Petoro AS (Petoro), the Norway State-owned company, discovered in Skrugard and Havis reserves going far beyond their expectations. Under the license PL 532, Statoil and its partner share working interests in Skrugard and Havis as following: – Statoil 50% and […]
BASF and Sinopec signed MOU for INA facility in China BASF and China Petroleum & Chemical Corporation (Sinopec) signed in Shenzhen, China, a Memorandum of Understanding (MOU) to start the feasibility study of a new isononanol (INA) facility in Maoming, Guangdong Province, China. With this MOU, BASF and Sinopc intend to extend their actual cooperation […]
