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Abu Dhabi Company for Onshore Oil  Operations The Abu Dhabi Company for Onshore Oil Operations (ADCO) was established on 2nd December 1971 in Abu Dhabi, the largest Emirates from the United Arab Emirates (UAE). ADCO was created by the Abu Dhabi National Oil Company (ADNOC) to explore and operate the onshore and shallow coastal water of […]

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ADCO receives bids on Bab Gas Compression Phase 2 Abu Dhabi Company for Onshore Oil Operations (ADCO) is receiving the technical and commercial offers of the engineering companies in competition for the engineering, procurement and construction (EPC) contract of the Bab Gas Compression Project phase 2. ADCO is the Abu Dhabi National Oil Company (ADNOC) […]

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BP and CNPC ramped up oil production 10% per year  In June 2009, the international oil company BP and the China National Petroleum Company (CNPC or PetroChina) were awarded the technical services contract (TSC) for the giant Rumaila oil field in the south of Iraq, closed to the Kuwait border. BP discovered the Rumaila oil field […]

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Global Leader Hyundai Group was established in 1947 as a construction company and moved into shipbuilding only in 1970 with an order for two crude tankers while the shipyard was not yet existing. In 1972, Hyundai started to build a shipyard in Dusan and two years later, in 1974, the two tankers were delivered. Then […]

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BASF runs into upstream while Gazprom goes west On November 12th, 2012, the German chemical company BASF and the Russian Gazprom signed a binding basic agreement to swap assets estimated of the same value. The assets selected to support the swap reflect the strategy of both companies:  – BASF to increase its position in the oil […]

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$50 billion of business opportunities in 250 projects  On November 19th 2012, the Project Smart Explorer data base reports $50 billion of business opportunities within the 250 active projects in pursuit in the oil and gas and petrochemical industry. These business opportunities are related for:  – $18 billion to Electrical products and systems (Switchgears, transformers, motors and generators, cables, lighting, power systems, etc…)  – […]

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Enriching lives through innovation With Headquarters in The Woodlands, on the north of Houston, Texas, USA, Huntsman is a chemical company listed in the New York Stock Exchange and operating 75 production units in 30 countries with about 12,000 employees.  Jon Huntsman established the Huntsman Container Corporation in 1970 in Fullerton, California. At that time […]

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