joint venture
Producing oil and gas for the world Established in 1992 from the Azerineft State Concern and Azerneftkimya Production Association, the State Oil Company of the Azerbaijan Republic (SOCAR) received the mandate as national oil company to : – Improve the management structure of the oil and gas industry – Develop the energy industry In this […]
Petronas to move on Burma Yetagun North expansion The Yetagu gas field is located in southern Andaman Sea about 100 kilometers west offshore Myanmar coast line. Originally explored and developed by Texaco, Premier Oil and Nippon Oil Exploration (JX NOEX) , the American withdrew in the years 2000s because of the US sanctions against Myanmar. The Malaysian […]
Saudi Aramco revises plans to explore shale gas Since Saudi Arabia is struggling to increase its natural gas production to meet its fast growing demand, the national oil company Saudi Aramco investigate all potential sources of supply, onshore and offshore, conventional and unconventional. The consumption of natural gas in Saudi Arabia is increasing very fast because […]
Investing for the future of Oman The Sultanate of Oman established the Oman Oil Company S.A.O.C. (OOC) in 1992 as the national oil company with the mission to build a prosperous future for Oman regardless country’s direct oil and gas revenues. This mission still guides the Sultanate’s Vision 2020 for its wholly owned Oman Oil […]
Technip/Shaw Energy and Chemicals to provide PMC The Oman State wholly-owned Oman Oil Company (OOC) and the Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC) have approved the location and the financing for their joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) project. The joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) was established in June […]
Mitsui, Toyo and Unico study $2 billion fertilizer project A Japanese consortium made of Mitsui, Toyo Engineering Corporation (Toyo) and the consulting company Unico International Corporation (Unico) is working on a greenfield $2 billion fertilizer plant in the South of Iraq. This project comes while the: – Houston-based engineering company KBR is revamping and expanding […]
Initiate, Create and, Deliver Established in 1947 with its headquarter in Tokyo, Japan, Mitsui & Co. Ltd (Mitsui) is a diversified industrial company with a global presence in 67 countries and listed in Tokyo Stock Exchange. With more than 44,000 employees, Mitsui manage a large portfolio of products and services covering: – Iron and Steel […]
Petrobras moves on Tupi and Franco FPSOs Topsides Petrobras is ready to open publicly the bids submitted for the topsides packages of the floating production, storage and offloading (FPSO) vessels called P-74 and P-75. In parallel, Petrobras is preparing the call for tender (CFT) for the tow following FPSOs, the so called, P-76 and P-77. All these […]
