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Olam Fertilizer and Tata Chemicals to revise costs In April 2011, Olam, Tata and Gabon Government established a joint venture company called Gabon Fertilizer Company (GFC) to support the construction of a large ammonia and urea  fertilizer  plant. In September 2011, the Singapore-based Olam International (Olam), the Indian Tata Chemicals (Tata) and the Gabon Government selected Technip from France to perform the […]

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Energize – Harmonize – Realize The national oil company PetroChina Company Limited (PetroChina) was established on November 1995, by the Chinese Government from the major restructuring of the oil and gas sector in China and of its national company at that time, China National Petroleum Corporation (CNPC). In this operation the Chinese Government keeps holding 100% […]

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Canacol, ExxonMobil, Nexen, Shell lead exploration The national oil company Ecopetrol invites international oil companies such as Canacol, ExxonMobil, Nexen, Shell for partnership to explore and develop shale gas in Colombia. Ecopetrol is owned at 88.5% by the Colombian Government while the remaining shares are floated at the Bogota and New York stocks exchanges. After Mexico […]

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Apache to tie-in Julimar in Chevron Wheatstone LNG 1 In 2007, Apache Corporation (Apache) and Kuwait Foreign Petroleum Exploration Co. (KUFPEC) discovered the Julimar and Brunello natural gas fields in the Carnarvon basin offshore Western Australia. Attached to the WA-356-P block, the Julimar and Brunello are estimated to contain 2.1 trillion cubic feet (tcf) of […]

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IFP Energies Nouvelles sees CAPEX to grow by 13% Based in Paris, France, the Institut Français du Pétrole et de Energies Nouvelles (IFP Energies Nouvelles) published on October 8th its last survey about the capital expenditure in the exploration and production and in refining. Published every year this survey gives an overview of the main […]

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International oil and gas company growing upstream Murphy Oil Corporation (Murphy) was originally established in Lousiana in 1950 as Murphy Corporation but is today headquartered in El Dorado, Arkansas, USA, and listed in the New York Stock Exchange. Murphy leads exploration in many countries and produces oil and natural gas mostly from USA (Gulf of Mexico), Canada […]

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Technip and Daewoo in progress on Sarawak FLNG In June 2012, Petronas Floating LNG 1 (Labuan) Ltd, a wholly owned subsidiary of Petroliam Nasional Berhad (Petronas) selected the Technip-Daewoo Consortium (TDC) to design and build the first floating unit to produce liquefied natural gas (LNG) in Malaysia. This Malaysia FLNG1 is to be installed 180 kilometers offshore […]

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