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Keppel Subic to build Malampaya compression platform On December 7th 2012, Shell Philippines Exploration B.V. (Shell), Chevron Malampaya LLC (Chevron), Philippines National Oil Company Exploration Corporation (PNOC) will celebrate the kick off of the Malampaya Phase 3 project with a “Strike steel” ceremony in the Keppel Subic Shipyard in Zampales, Philippines. This Malampaya Phase 3 project […]

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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 […]

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To Find Oil, You Have to Drill Established in 1926, Schlumberger Limited (Schlumberger) has become since that time the world market leader of the oilfield services with more than 115,000 employees working in approximately 85 countries, listed in New York, Paris, London, Amsterdam and Switzerland Stock Exchanges. Based in Houston, Texas, USA, Schlumberger provides oil and […]

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Shell to increase diesel import capacities in UK  The consortium made of Greenergy International Ltd (Greenergy), Royal Vopak (Vopak) and Shell completed the acquisition of the assets of the Coryton refinery in UK to build and operate a state-of-the-art import terminal for oil products. The transaction was closed with PwC acting as the administrator of […]

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Sempra, Mitsubishi, Mitsui and GDF-Suez to convert Louisiana terminal into Hackberry LNG plant Based in San Diego, Califormia, USA, Sempra Energy (Sempra) completed its commercial development agreements with its partners Mitsubishi Corporation (Mitsubishi), Mitsui and Co. (Mitsui), both from Japan, and GDF-Suez, from France, for the Cameron LNG project in Louisiana, to export liquefied natural gas […]

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SABIC and Shell to invest in and beyond Saudi Arabia In November 2012, Saudi Basic Industries Corporation (SABIC) and Shell have decided to work on expansion opportunities of their joint venture Saudi Petrochemical Company (Sadaf). These expansion ambitions are not limited to the sole Saudi Arabia but should also aim at increasing positions in overseas markets. […]

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