MoU
Daelim signed MOU for Petrolimex $4.8 billion refinery Actually Vietnam has just one major refinery, the $2.2 billion Dung Quat complex with a capacity of 130,500 b/d and is working on the $7.5 billion Nghi Son refinery. In order to meet its domestic demand by 2020, Vietnam would need 600,000 b/d capacity in respect with the […]
After Polish Baltic Basin ENI goes to Ukrainian Dniepr-Donetz and Lviv Basins In 2010, the Italian Major IOC Eni had acquired Minsk Energy Resources to become operator of three licences in the Polish Baltic Basin, a highly prospective shale gas play located in the north-east of Poland. In Poland ENI could deploy the expertise in shale […]
China and India join forces in Exploration & Production Mr. Sudhir Vasudeva, Chairman and Managing Director (CMD) of the Oil and Natural Gas Corporation Ltd (ONGC) and Mr. Jiang Jiemin, Chairman of China National Petroleum Corporation (CNPC or PetroChina) signed a Memorandum of Understanding (MoU), on June 18, 2012 at New Delhi, India. This MoU signed between ONGC and […]
Iraq and Chevron Phillips signed a Letter of Intent Iraq and Chevron Phillips Chemical Corp, a joint venture of Chevron Corp and ConocoPhillips, signed a letter of intent to perform a project feasibility study of developing a petrochemical plant in the country. The company would examine building a new facility and upgrading an existing Iraq-owned petrochemicals […]
Toyo Engineering and SOG Oleo e Gas signed a MOU On May, 2012, Toyo Engineering Corporation (Toyo) and SOG – Óleo e Gás S.A. (SOG), a leading engineering company in Brazil, signed a Memorandum of Understanding (MOU) to create the new Brazilian joint venture company TS Participações e Investimentos S.A.. The signature ceremony was officially […]
Advanced and Bayegan to build a new PDH-PP plant Advanced Petrochemical Company (Advanced), a leading Saudi Arabia based producer of petrochemical products, and Bayegan Group (Bayegan), a Turkish international trading company, engaged in petroleum derivatives, petrochemicals and other commodities, announced the signing of a Memorandum of Understanding (MoU) for the development of a joint $ […]
MoU for 1 million t/y Paraxylene extension in Yeosu Showa Shell Sekiyu K. K. (Showa Shell) from Japan, GS Caltex from South Korea, and Taiyo Oil from Japan signed a Memorandum of Understanding (MoU) for new Paraxylene (PX) project at GS Caltex Petrochemical complex in Yeosu, South Korea. In the downstream of its refinery, GS […]
Camisea gas for the $3.5 billion Peru Southern Project Brazilian and Peruvian Governments have approved the Camisea Southern gas pipeline project, the Integrated Petrochemical Complex planned by Braskem and PetroPeru will get the necessary ethane feedstock. Odebrecht will lead the Brazilian consortium to build the $5 billion capital expenditure Peru’s Southern Andean Gas Pipeline from the Camisea gas fields to Quillabamba to supply a […]
