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Versalis joins Basf, Itochu and PTT to partner in Rapid Petroliam Nasional Berhad (Petronas) completed in September a joint venture with the Italian company Versalis, the chemical branch of Eni for the refinery and petrochemical integrated development (RAPID) project in Pengerang, Johor, Malaysia. With this partnership, Petronas and Versalis will design, develop and construct the elastomers […]
Total and JX NOEX acquire stake in Myanmar M-11 PTT Exploration and Production (PTTEP), the national oil company in Thailand, Total from France and JX Nippon Oil & Gas Exploration (JX NOEX) from Japan, decided to join hands into a partnership to further explore and develop the offshore Myanmar oil and gas fields in the […]
Find out how our energy can create a better world Petroleo Brasileiro SA (Petrobras) was founded in 1953 and is today the largest corporation in Brazil operating in 27 countries outside of Brazil, highlighting United States and West Coast of Africa. Petrobras is listed on San Paulo ADR and on NYSE but mostly owned and managed by […]
Petrobras to build $3 billion Gas-to-Chemicals complex Petróleo Brasileiro S.A. (Petrobras) from Brazil selected Foster Wheeler AG (Foster Wheeler) from Switzerland for a greenfield world-scale Gas-to-Chemical complex to be built at Linhares, in Esperito Santo State, southeast Brazil. Estimated around $3 billion capital expenditure, the Linhares Gas-to-Chemical complex is identified as UFN-IV, standing for the Unit of Nitrogen Fertilizer […]
Ukraine selects Exxon-Shell-OMV-Nadra for Skifska The consortium let by the international oil companies (IOCs) ExxonMobil and Shell with the contribution of OMV Petrom (OMV) from Romania and the Ukraine National Oil Company Nadra Ukrainy has been selected by the Ukraine Government to develop the Skifska natural gas field in the Ukraine continental shelf of the Black […]
Reliance and BP in upstream and midstream Alliance On August 7th, 2012, BP and Reliance Industries Ltd (RIL) received from the India Oil Ministry the conditional approval for the production compensation of the declining offshore KG-D6 gas field. This decision was accelerated after three years of discussions in front of the depletion speed the matured […]
Jizan refinery EPC bids deadline closed on Sept 15th Saudi Aramco is willing to proceed now without further delay with the $7 billion Jazan refinery project. Also called Jizan, the Jazan refinery is the master piece of Saudi Arabia Jazan scheme. To develop the economy and wealth in southern Saudi Arabia, close to the Yemen border, […]
Adma-Opco evaluates bids for Umm al Lulu EPC-1, Umm al Lulu EPC-2, Sarb EPC-3 and Sarb EPC-4 Abu Dhabi Marine Operating Company (Adma-Opco), a subsidiary of Abu Dhabi National Oil Company (ADNOC) is working on commercial bid for the development of the Umm al Lulu and Satah al Rasboot (Sarb) offshore oil and gas fields. In Abu Dhabi, Adma-Opco is the national […]
