Insights

Versalis joins Basf, Itochu and PTT to partner in Rapid Petroliam Nasional Berhad (Petronas) completed in September a joint venture with the Italian company Versalis, the chemical branch of Eni for the refinery and petrochemical integrated development (RAPID) project in Pengerang, Johor, Malaysia. With this partnership, Petronas and Versalis will design, develop and construct the elastomers […]

Total and JX NOEX acquire stake in Myanmar M-11 PTT Exploration and Production (PTTEP), the national oil company in Thailand, Total from France and JX Nippon Oil & Gas Exploration (JX NOEX) from Japan, decided to join hands into a partnership to further explore and develop the offshore Myanmar oil and gas fields in the […]

Find out how our energy can create a better world Petroleo Brasileiro SA (Petrobras) was founded in 1953 and is today the largest corporation in Brazil operating in 27 countries outside of Brazil, highlighting United States and West Coast of Africa. Petrobras is listed on San Paulo ADR and on NYSE but mostly owned and managed by […]

Petrobras to build $3 billion Gas-to-Chemicals complex Petróleo Brasileiro S.A. (Petrobras) from Brazil selected Foster Wheeler AG (Foster Wheeler) from Switzerland for a greenfield world-scale Gas-to-Chemical complex to be built at Linhares, in Esperito Santo State, southeast Brazil. Estimated around $3 billion capital expenditure, the Linhares Gas-to-Chemical complex  is identified as UFN-IV, standing for the Unit of Nitrogen Fertilizer […]

Ukraine selects Exxon-Shell-OMV-Nadra for Skifska The consortium let by the international oil companies (IOCs) ExxonMobil and Shell with the contribution of OMV Petrom (OMV) from Romania and the Ukraine National Oil Company Nadra Ukrainy has been selected by the Ukraine Government to develop the Skifska natural gas field in the Ukraine continental shelf of the Black […]

Shell shapes future of energy through innovation Royal Dutch Shell p.l.c. (Shell) is a global group of energy and petrochemical companies operating in more than 80 countries. Shell is incorporated in England and Wales , UK, with headquarter is in The Hague, The Netherlands.  In upstream Shell focuses on exploring for new oil and gas reserves […]

Reliance and BP in upstream and midstream Alliance On August 7th, 2012, BP and Reliance Industries Ltd (RIL) received from the India Oil Ministry the conditional approval for the production compensation of the declining offshore KG-D6 gas field. This decision was accelerated after three years of discussions in front of the depletion speed the matured […]

Shell ramps up upstream activities toward Turkey 2023 In November 2011, Shell and Turkish Petroleum Corporation (TPAO) signed a joint operating agreement to initiate exploration and production onshore and offshore Turkey oil and gas fields.   In this agreement  Shell and TPAO  are considering the development of conventional and unconventional resources. Focusing originally on the Mediterranean […]

Powering Possibilities The Saudi Arabian Oil Company (Saudi Aramco), the state-owned oil company of the Kingdom of Saudi Arabia is headquartered in Dhahran. Saudi Aramco ranks first among oil companies worldwide in terms of:  – Crude oil production and exports  – Natural gas liquids (NGL) exports, and are among the leading producers of natural gas.     As […]

Saudi Aramco to award Clean Fuel project at year end In April 2011, Saudi Aramco had selected Foster Wheeler and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON) for the Front End Engineering and Design (FEED) of the Riyadh Refinery Clean Transportation Fuel project. In parallel of the FEED contract, Foster Wheeler and SOFCON had been awarded the Project […]