BOE
Total-Chevron-SNPC to invest $7 billion in Moho-Nord Total from France, and its partners, Chevron from USA and the local Société Nationale des Pétroles du Congo (SNPC) are willing to move on fast track with the Moho-Nord Floating Production Unit (FPU) project offshore Congo-Brazzaville. Located 20 kilometers northwest of the actual Moho Bilongo FPU and 77 […]
SINOMACH and CPC to build first Cambodia refinery On December 28th 2012, China Perfect Machinery Industry Corp (SINOMACH) and Cambodia Petrochemical Corporation (CPC) made the final investment decision (FID) to build the first crude oil refinery in the Kampong Som Petrochemical Industrial Zone along the southern coast in Cambodia. This $2.3 billion capital expenditure this […]
Total and Oil Search build reserves for Coral Sea LNG On October 9th 2012, the french major Total and the Australian – Papua New Guinea junior Oil Search Limited (Oil Search) signed a Farm-in agreement on five natural gas onshore and offshore blocks around the Gulf of Papua. This deal came as the conclusion of […]
YPF and Bridas signed $1.5 billion deal in Vaca Muerta As a result of the new oil export tax system, the national oil company YPF and Bridas Corporation (Bridas) signed a Farm-in agreement to explore and develop 663 square kilometers of oil shale fields in the Loma la Lata and Loma la Campana of the […]
BP to focus on crude oil Exploration & Production UK major BP PLc (BP) is planning to increase its capital expenditure per year from $19 billion in 2011 and $22 billion in 2012 to $24 billion in 2014 and $27 billion by 2020. After Macondo blow and TNK-BP turbulences, BP is presenting its strategy to boost […]
Rosneft to lead pilot project in Bazhenov formation In line with the strategic cooperation agreement signed in August 2011, Rosneft and ExxonMobil signed a Pilot Development Agreement to explore and produce tight oil from the Bazhenov and Achimov formation in the Western Siberia. According to the terms of the Pilot Development Agreement, Rosneft and ExxonMobil will create […]
Hoegh-KBR to submit competitive pre-FEED to PTTEP The Norwegian Hoegh LNG and the Houston-based KBR are completing a pre-front end engineering and design (pre-FEED) work for the Cash-Maple FLNG project to developed by the Thailand national oil company PTTEP. The Cash-Maple FLNG project is related to the exclusive license owned by PTTEP on the offshore blocks AC/RL7, AC/P54 […]
Energizing the World, Bettering People’s Lives. Established in 1932 to explore the Gulf of Mexico, Noble Energy Inc. (Noble) has remained over 80 years an independent oil company bases in Houston, Texas. Focusing on the upstream side of the business, Noble operates onshore and offshore in short selection of oil and gas fields: – DJ basin of […]
