CNOOC
BP selects bidders for Tangghu LNG FEED competition The International Oil Company (IOC) BP and its partners in the Tangguh Expansion Project are currently qualifying the engineering companies to be invited to bid (ITB) on the onshore Tangguh third LNG Train and the production platforms to be installed offshore the Irian Jaya District of the […]
BG Group opts for competitive FEED on QCLNG-2 The London-listed BG Group plc (BG) has decided to organize competitive bids on the front end engineering and design (FEED) for the expansion of its giant Queensland Curtis LNG (QCLNG) project in the Southeast of Australia. In its first phase, the QCLNG project was the first one […]
Kingfisher to lead Lake Albert and refinery projects After resolving tax and refinery disagreements between Tullow Oil plc (Tullow) from UK, Total from France, the China National Offshore Oil Corporation (CNOOC) from China and the Uganda Government, the Kingfisher project is ready to take off. The Kingfisher project is to develop the previously called Block-3A […]
Tortue discovery paves Harvest way to Dussafu FPSO The Houston-based Harvest Natural Resources (Harvest) and its partner Panoro Energy (Panoro) from Norway hit pre-salt crude oil again with the Tortue discovery in the Dussafu Marin License offshore Gabon. This success paves the way to Harvest and Panoro to consider the floating production, storage and offloading […]
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 […]
China National Offshore Oil Corporation The China National Offshore Oil Corporation (CNOOC) is the Chinese third largest oil and gas company in China after PetroChina (CNPC) and Sinopec. Based in Hong Kong, CNOOC was established in 1999 to develop the offshore resources in complement of PetroChina focusing on the onshore exploration and production and Sinopec […]
CNOOC and Petronas to acquire Nexen and Progress On December 7th, 2012, Canada Prime Minister John Harper announced the approval for two national oil companies China National Offshore Oil Company (CNOOC) and Petronas from Malaysia to acquire respectively: – Nexen Inc. (Nexen) – Progress Energy Resources Corp. (Progress) For Nexen, CNOOC is ready to pay $15.1 […]
Schlumberger and Baker Hugues to lead exploration When Repsol-YPF discovered in 2011 the potential reserves of the Vaca Muerta in tight oil and Los Toldos and Totoral permits, it sent the signal to all the 50 companies having licenses in Argentina to drill more and to take their chance at the benefits of Schlumberger and Baker […]
