
Australia
To be both a competent explorer and acquirer Investors established Apache Corporation (Apache) in 1954 with only $250,000 capital to become an international oil and gas company listed in NYSE (APA) Today, Apache has taken the world market leadership of the independent oil and gas companies.exploration and production companiese In line with its corporate statement […]
IFP Energies Nouvelles sees CAPEX to grow by 13% Based in Paris, France, the Institut Français du Pétrole et de Energies Nouvelles (IFP Energies Nouvelles) published on October 8th its last survey about the capital expenditure in the exploration and production and in refining. Published every year this survey gives an overview of the main […]
Statoil to convert Zafarani high gas discovery into LNG In 2007, Statoil and ExxonMobil signed a production sharing contract (PSC) with the national oil company (NOC) Tanzania Petroleum Development Cooperation (TPDC) for the exploration and production of the Block 2 offshore Tanzania in the Indian Ocean. This Block 2 is located in southern Tanzania’s territorial […]
Carnarvon basin smiles at Chevron for LNG expansion On September 2012, Chevron Corporation (Chevron) made a new gas find in the Greater Gorgon Area offshore Australia. Exploring the WA-374-P block of the prolific Carnarvon basin, Chevron performed the exploratory well Satyr-2 about 120 kilometers northwest of the Barrow island, offshore the Western Australia coast. The […]
From an Oil and Gas company to the Energy Company Total S.A. (Total) is a limited company, established in France in March 1924, and listed on Paris , London, Brussels and New York Exchanges with operations in more than 130 countries and 96,000 employees. Under different brands, Total, Elf, Elan, AS24, Total is the first largest […]
Rovuma basin discoveries could set Mozambique as world’s third largest LNG exporter Over the last months, the Houston based, Anadarko Petroleum Corporation (Anadrako) and the Italian Eni multiplied natural gas discoveries on the east coast of Africa to the point that Mozambique could become the world third largest LNG exporter after Qatar and Australia. The oil […]
After Petronas Rapid joint venture Versalis go to China On April 2012, the Italian national oil company Eni decided to rename its chemical branch Polimeri Europa into Versalis. Beyond the branding operation, Eni intends to go global with its Europe centric chemical business to benefit from the high growth in emerging countries. In 2011, Polimeri […]
Laverda to contain 100 million barrels deep offshore WA Woodside Petroleum (Woodside) from Australia and Mitsui Oil Exploration Co, Ltd (Mitsui) have decided to move ahead in the development of the Laverda oil field in respect with the promising conclusions of the last appraisal drilling operations. In Laverda the both partners share working interests so […]