CAPEX
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 […]
Genesis to provide support and detailed design China National Offshore Oil Corporation Deepwater Development Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC), selected the consortium made of Technip from France, and the local China Offshore Oil Engineering Corporation Ltd (COOEC) for the engineering, procurement, installation, and construction (EPIC) services contract for the Panyu offshore field development. The […]
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 […]
International oil and gas company growing upstream Murphy Oil Corporation (Murphy) was originally established in Lousiana in 1950 as Murphy Corporation but is today headquartered in El Dorado, Arkansas, USA, and listed in the New York Stock Exchange. Murphy leads exploration in many countries and produces oil and natural gas mostly from USA (Gulf of Mexico), Canada […]
Technip and Daewoo in progress on Sarawak FLNG In June 2012, Petronas Floating LNG 1 (Labuan) Ltd, a wholly owned subsidiary of Petroliam Nasional Berhad (Petronas) selected the Technip-Daewoo Consortium (TDC) to design and build the first floating unit to produce liquefied natural gas (LNG) in Malaysia. This Malaysia FLNG1 is to be installed 180 kilometers offshore […]
Total and Petronas to race in offshore Rovuma basin The French international oil company, Total and the Malaysian national oil company Petroliam Nasional Berhad (Petronas) signed a Farm-in agreement on the Area 3 and Area 6 of the Rovuma basin in the Strait of Mozambique. According to this agreement, Total will take 40% of the interests […]
Passionately innovate is more than a mission statement The Dow Chemical Company (Dow) is based in Midland, Michigan, USA, listed in Amsterdam, Brussels, London, New York (DOW), Paris, Switzerland and Tokyo. With approximately 52,000 employees in the world, Dow is pioneering the creation and development of innovative technologies and solutions for the chemical and specialty materials […]
SAAC leads partners to award $500 million NBA EPC Saudi Acrylic Acid Co (SAAC) and its partners, Saudi Kayan Petrochemical (Saudi Kayan) and Sadara, are reaching the last stage of the bids clarifications submitted by the engineering companies for the n-butanol (NBA) project planned in Al Jubail Industrial City. This n-Butanol plant is a greenfield project where many parties are involved […]
