Insights

Kazakhstan – Turkmenistan  Key Projects and Business Highlights 2014  Kazakhstan is the second largest after Russia producer of crude oil from the former Soviet Union, it also holds the second largest reserves. More than 40% of the oil and gas production is coming from the famous Tengiz and Karagchaganak.  With the support of the international […]

Iraq Key projects and Business Highlights 2014 After the licenses rounds in 2009 and 2010 to award the development of the major oil and gas fields in Iraq all the winning companies such as BP, ExxonMobil, Shell, Petronas, Gazprom, Lukoil, China National Petroleum Company (CNPC or PetroChina), Sinopec,TPAO or Total spent a couple of years to […]

West Africa Key Projects and Business Highlights 2014  From the 54 countries of the Africa continent, 16 were producing oil in 2010. On the last decade, the producing countries have proven to generate an higher growth than the non-producing countries.  In this game, West Africa plays a leading role with key countries such as Angola, […]

China Key projects and business highlights 2014  If China growth domestic product (GDP) slowed down these last years, it remains twice higher than world average and it maintains its top position as the country with the largest energy consumption. In 2014, China is passing USA to become the world largest net importer of liquid fuels. […]

Key Projects and Business Highlights 2014  On the Western Canada, the Provinces of British Columbia (B.C.) and Alberta have decided to favor all the investments to develop the unconventional gas resources in addition to the well known bitumen. In the gas race to supply thirsty East Asia countries, Canada identified the opportunity to take the […]

Key Projects and Business Highlights 2014 Over the last months the national oil company Petroleo Brasileiro S.A. (Petrobras) has tried to draw conclusions from the lessons hardly learnt on last years with the consequences to delay projects and see the oil and gas production flattening despite the most massive capital expenditure invested in the world. […]

Azerbaijan Key Projects and Business highlights 2014 Occupying one of the richest coast of the Caspian Sea in oil and gas resources, the Republic of Azerbaijan is taking a strategic place between Asia and Europe, between Russia and Middle-East countries. Under the coordination of the State Oil Company of Azerbaijan (SOCAR) these oil and gas resources […]

KOC to drill 900 wells in Lower Fars heavy crude oil The wholly state-owned Kuwait Oil Company (KOC) is planning to drill more than 900 wells to develop the heavy crude oil lying in the Lower Fars field in the north of Kuwait. Discovered in 1978, the Lower Fars formation belongs to the Ratqa field, […]

Texas and Louisiana race for Chinese methanol project The Chinese companies Connell Group (Connell) and Sino Life Insurance Corporation (Sino Life) are currently evaluating potential sites in Shoal Point, Texas, and Donaldsonville, Louisiana, to build and operate a world-scale methanol plant in USA. Based in Jilin, in the northeast of China, Connell is a chemical group […]

Petrobras Jupiter FPSO to learn from Lula development Petrobras and its partner, Galp Energia (Galp) from Portugal, are expecting to benefit from the lessons learnt in developing the Lula giant offshore pre-salt field to design the floating, processing, storage and offloading (FPSO) vessels to be moored at Jupiter field to operate in similar conditions in […]