capital expenditure
QP to double and upgrade Ras Laffan Refinery Qatar Petroleum (QP) and its partners, ExxonMobil, Total, Cosmo Oil Company (Cosmo), Idemitsu Kosan Company (Idemitsu), Mitsui & Company (Mitsui) and Marubeni Corporation (Marubeni) are moving on the Ras Laffan Refinery expansion project, also called Ras Laffan Refinery phase 2. Decided in 2003 and commissioned in 2009 […]
Sudan and South Sudan to resume oil export South Sudan holds 75% of the oil reserves lying in the previously unified Sudan, but South Sudan needs to use Sudan refineries and pipelines to export it. When created in created in July 2011 from the scission with the northern part of Sudan, the oil produced in South Sudan continued to be carried out to Port Sudan […]
Anadarko is providing for today, innovating for tomorrow Headquartered in The Woodlands, in Texas, USA, Anadarko Petroleum Corporation (Anadarko) is listed in the NYSE (APC). Anadarko sits among the largest independent oil and gas companies in the world. Focusing on exploration and production, Anadarko holds 2.54 billion of barrels oil equivalent (boe) of proven reserves […]
Mozambique to join Qatar and Australia LNG exporters Anadarko Petroleum Corporation (Anadarko) and its partners Mitsui E&P, BPRL Ventures Mozambiques, Videocon Mozambique, PTTEP after acquiring Cove Energy, and Emprecia Nacional de Hidrocarbonetos (ENH), may propel Mozambique among the largest LNG exporting countries with Qatar and Australia with their Mozambique LNG project. With estimated $15 billion capital expenditure, Anadarko LNG project may […]
Rosneft and Gazprom signed Cooperation Agreement Gazprom and Rosneft used the opportunity of the XI International Investment Forum in Sochi, Russia, to sign a Cooperation Agreement for the joint pre-development of the offshore oil and gas fields located in the Russia Continental Shelf (RCS). The exploration and production within the Continental Shelf (CS) of each […]
Gazprom pursues the strategic objective of establishing itself as a leader among global energy companies Home based in Russia, Gazprom is 50,002% state owned company, thus operating as a national oil and gas company. The other 50% shares are traded in Moscow, London, Berlin and Frankfurt stock exchanges in the form of American Depositary Receipts. On this floating […]
BP submitted plan for $12 billion Tangguh expansion In August 2012, BP and its partners MI Berau B.V., CNOOC Ltd , Nippon Oil Exploration (Berau) Ltd, KG Berau/KG Wiriagar, LNG Japan Corporation and Talisman Energy submitted their plan for the Tangguh LNG expansion project to the Indonesian Authorities. BP is planning to add a third train […]
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 […]
