EOR
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 […]
Shell calls for bid St Joseph CEOR Pilot Vessel project The international oil company (IOC) Royal Dutch Shell is calling for bid a three year engineering contract to design and develop a pilot vessel to provide chemical enhanced oil recovery (CEOR) at the St Joseph oil field offshore the State of Sabah in Malaysia. This […]
ADCO to invest $1 billion in Shahil, Qusahwira, Mender Abu Dhabi Company for Onshore Oil Operations (ADCO) is activating the South East Full Field Development (FFD) project related to Asab Sahil, Qusahwira and Mender crude oil fields in the southeast of the United Arab Emirates (UAE). This project is part of Abu Dhabi program to […]
BP and CNPC prepare Rumaila processing plant bids The UK super major BP and its partners, China National Oil Corporation (CNPC or PetroChina) and the Iraq state-owned State Oil Marketing Organization (SOMO) are currently reviewing the long list of the potential bidders for the Rumaila oil processing plants projects near Basra in the south of […]
Indonesia Key Projects and Business highlights Within the Asia-Pacific region, Indonesia popped up on the first half 2013 as one of the most dynamic country with the major international oil companies (IOCs) BP, Chevron, Eni, GDF-Suez, Inpex, PTTEP, Shell and Total competing to speed up their projects in exploration and production. Concentrated on the upstream […]
Brunei Key Projects and Business Highlights The Sultanate of Brunei Darussalam (Brunei) is the largest net exporter of oil and gas in Asia with 125,000 barrels per day (b/d). The first oil was discovered in Brunei in 1899 near Bandar Seri Begawan city and in 1925 Shell created Brunei Shell Petroleum (BSP) to explore and develop the Seria field onshore in […]
Oxy and QP to call for tender ISND expansion contracts The US international oil company (IOC) Occidental Petroleum Corporation (Oxy) and the national oil company (NOC) Qatar Petroleum (QP) have approved the Field Development Plan (FDP) for the Idd el-Shargi North Dome expansion (ISND Phase-5) offshore the Qatar peninsula. Since 1994, Oxy is cooperating with QP to […]
Petronas calls for competitive FEED on Sepat project Since 2010, the national oil company (NOC), Petrolian Nasional Bhd (Petronas), has decided to put efforts to develop marginal fields offshore Malaysia. Around the Malaysian peninsula, Petronas identified 106 marginal oil fields representing more than 580 million barrels of crude oil that it cannot ignore any longer. These […]
