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Giant Pao de Acucar in Block BM-C-33 reaches FEED The giant discovery Pao de Acucar and its adjacent fields, Seat and Gavea, are reaching the front end engineering and design (FEED) stage to develop the prolific Block BM-C-33 pre-salt in the ultra deep water of the Campos Basin offshore Macae, in the State of Rio de […]

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BP Rumaila project includes CPS and IPC packages BP and its partnering national oil companies, China National Petroleum Corporation (CNPC or PetroChina), and Iraq State Oil Marketing Organization (SOMO) have called for tenders the Produced Water Re-Injection (PRWI) project to develop the giant Rumaila oil and gas field in the south of Iraq. Approximately 80 […]

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Ecopetrol to invest $6.5 billion in exploration-production In 2014, the Colombia national oil company (NOC) Ecopetrol SA (Ecopetrol) has announced to invest more than $6.5 billion capital expenditure into exploration and production including the development of the East Cano Sur heavy crude oil field in Puerto Gaitan. Overall, Ecopetrol is planning to invest more than […]

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