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CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and Petroleos de Venezuela SA (PDVSA) to take a stake in the Ecuador Refineria del Pacifico project. With a production of 500,000 barrels per day (b/d), Ecuador […]

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Rosneft and Mitsui signed MOU for Nakhodka complex During the visit of Prime Minister of Japan Shinzo Abe to Russian President Vladimir Putin on April 29th, 2013, the Russian oil and gas and petrochemical giant OJSC NK ROSNEFT (Rosneft) and the Japanese conglomerate Mitsui & Co., Ltd (Mitsui) inked a memorandum of understanding (MOU) to develop […]

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Heerema won Alba third compression platform EPCI In April 2013, the Houston-based Marathon Oil Corporation (Marathon) and its partners, Noble Energy (Noble) and the Compania Nacional de Petroleos de Guinea Ecuatorial (GE Petrol) awarded the engineering, procurement, construction and installation (EPCI) contract to Heerema Fabrication Group (HFG) for the Alba PSC B3 gas compression platform. To […]

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