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Total and Wintershall proceed with Vega Pleyade The french major company, Total and its partners, Basf–Wintershall from Germany and the local Pan American Energy (PAE), are proceeding with the development of the world utmost southern Vega Pleyade project offshore Argentina. After years without investments to maintain oil and gas fields and explore new ones because […]

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Malaysia Key Projects and Business highlights  On the first half  2013, Malaysia confirmed the previous trends to become a key players of the Oil &  Gas and Petrochemical sector in Asia-Pacific region with Petrolian Nasional Bhd (Petronas) multiplying upstream and downstream initiatives with major international oil companies such as: Basf, ConocoPhillips, Murphy Oil Corporation (Murphy), Shell or Total. With […]

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Basf Petronas Chemicals invest $500 million in Gebeng The German chemical global leader Basf and the Malaysian Petronas Chemicals Group Berhad (Petronas) have decided to expand their joint venture Basf Petronas Chemicals (Basf–Petronas) with a world-scale integrated aroma ingredients complex at Gebeng, near Kuantan, on the east coast of the Malaysia peninsula. Through their Basf–Petronas joint venture,Basf and […]

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RiCoal selected Rostov for its Petrochemical complex The Russian joint venture RiCoal Chemical Coal Plant (RiCoal) is planning to build a world-scale Coal-to-Olefin and petrochemical complex in Rostov-on-Don in the south of Russia. Estimated to require $2.5 billion capital expenditure, RiCoal selected Rostov-on-Don location because of available coal and natural gas available in the region and […]

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Majors develop cutting-edge subsea drilling technology On February 2013, the German Wintershall oil and gas company has decided to follow Chevron example in taking shares in the subsea drilling innovative company Badger Explorer aside its key stakeholders ExxonMobil and Statoil. With the ambition to increase its footprint in the offshore exploration and production in the […]

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