Malaysia
Energy on the move Established in1933 by Leon Hess to truck and deliver oil in New Jersey, Hess Corporation has become today a global independent energy company acting: – Upstream in oil, natural gas and condensate exploration production – Downstream in refining and marketing refined petroleum products and natural gas – Distributing electricity With Headquarter in […]
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 […]
Delivering Organic Value Created in 1981 under the name of International Petroleum, the company became Lundin Petroleum (Lundin) as a result of the merger with the Sands Petroleum in 1997. Home-based in Stockholm, Sweden, Lundin is listed in Stockholm, Nasdaq and Toronto. Managed by the Lundin familly, Lundin is an independent company focusing on oil […]
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 […]
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 […]
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 […]
Floating LNG lead Petronas to develop new solutions Petroliam Nasional Berhad (Petronas) from Malaysia and Honeywell’s UOP from Des Plaines, Illinois, USA, signed a cooperation agreement to develop new solutions for the natural gas treatment on board of vessels. While the crude oil production is stalled on a plateau, the natural gas production is increasing continuously […]
After Petronas Rapid joint venture Versalis go to China On April 2012, the Italian national oil company Eni decided to rename its chemical branch Polimeri Europa into Versalis. Beyond the branding operation, Eni intends to go global with its Europe centric chemical business to benefit from the high growth in emerging countries. In 2011, Polimeri […]
