Insights

Mitsui, Toyo and Unico study $2 billion fertilizer project A Japanese consortium made of Mitsui, Toyo Engineering Corporation (Toyo) and the consulting company Unico International Corporation (Unico) is working on a greenfield $2 billion fertilizer plant in the South of Iraq. This project comes while the:  – Houston-based engineering company KBR is revamping and expanding […]

Initiate, Create and, Deliver Established in 1947 with its headquarter in Tokyo, Japan, Mitsui  & Co. Ltd (Mitsui) is a diversified industrial company with a global presence in 67 countries and listed in Tokyo Stock Exchange. With more than 44,000 employees, Mitsui manage a large portfolio of products and services covering:  – Iron and Steel […]

Jordan qualified 13 contractors for Red Sea oil terminal In May 2012, Jordan  Ministry of Energy and Mineral resources published the call for tender of the Aqaba Oil Terminal. Among the countries having the highest dependency on foreign energy source, Jordan imports 96% of the country’s energy consumption. Jordan holds some natural gas with the […]

GE to power pre-salt semisubmersible drilling vessels The Brazilian national oil company Petroleo Brasileiro SA (Petrobras), Sete Brazil Participaçoes SA (Sete) and its contractor Keppel Fels do Brazil SA (Keppel) have selected GE’s Power Conversion electrical solutions to power and propel the first series of six semisubmersible drilling rigs. Petrobras is the operator imposing the key requirements […]

Sete is made for Brazil. Our history is just beginning. Sete Brasil Participações S.A. (Sete) was established in 2011 by Petrobras to meet the booming demand for drilling rigs in Brazil for the exploration and production of the pre-salt oil and gas fields. These pre-salt oil and gas fields are located:  – Far offshore, between 200 and […]

Petrobras moves on Tupi and Franco FPSOs Topsides  Petrobras is ready to open publicly the bids submitted for the topsides packages of the floating production, storage and offloading (FPSO) vessels called P-74 and P-75. In parallel, Petrobras is preparing the call for tender (CFT) for the tow following FPSOs, the so called, P-76 and P-77. All these […]

The First Online and Smart sales pursuit tools to trace Oil and Gas and Petrochemical projects  2B1st Consulting’s team of experts developed Project Smart Explorer as the first sales pursuit tool to trace and scan online the largest projects of the chemical, oil and gas industry in the world.           www.projectsmartexplorer.com Focusing […]

Delivering Organic Value Created in 1981 under the name of International Petroleum, the company became Lundin Petroleum (Lundin) as a result of the merger with the Sands Petroleum in 1997. Home-based in Stockholm, Sweden, Lundin is listed in Stockholm, Nasdaq and Toronto. Managed by the Lundin familly, Lundin is an independent company focusing on oil […]

OMV to replace RWE in Lundin’s Edvard Grieg project In October 2012, the Austrian-based OMV took over the 20% share held so far by the German RWE in the Edvard Grieg offshore project just after that Statoil had acquired 15% from Wintershall in the same project.  Previously called Luna, the Edvard Grieg project is led […]

ExxonMobil steps in liquids-rich Montney shale acreage October 2012, ExxonMobil announced to acquire the Canadian company Celtic Exploration (Celtic) for the amount of $3.15 billion. ExxonMobil has already a strong presence in Canada since the 1940s in beginning with offshore exploration and production  in Nova Scotia with the Sable project and in Newfoundland with Hibernia project. […]