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GDF-Suez and Sonatrach to invest $3 billion in Touat The Algerian national company Sonatrach and the France-based utility and energy group GDF-Suez selected the Spanish engineering company Tecnicas Reunidas to execute the engineering, procurement, construction and commissioning (EPCC) contract for the development of the giant Touat gas field in southwestern Algeria. In the Touat project, […]

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Petronas calls for competitive FEED on Sepat project Since 2010, the national oil company (NOC), Petrolian Nasional Bhd (Petronas), has decided to put efforts to develop marginal fields offshore Malaysia. Around the Malaysian peninsula, Petronas identified 106 marginal oil fields representing more than 580 million barrels of crude oil that it cannot ignore any longer. These […]

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Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in the Angola deep offshore Kwanza […]

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