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PDVSA to increase heavy crude oil refining capacity The consortium made of Hyundai Engineering & Construction Corporation Ltd (Hyundai) from South Korea and Wison Engineering Corporation Ltd (Wison) from China selected Technip from France to supply two hydrogen reformers for the Venezuela national oil company (NOC) Petroleos de Venezuela SA (PDVSA) Puerto La Cruz Refinery project. […]

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Petronas calls for competitive FEED on Sepat project Since 2010, the national oil company (NOC), Petrolian Nasional Bhd (Petronas), has decided to put efforts to develop marginal fields offshore Malaysia. Around the Malaysian peninsula, Petronas identified 106 marginal oil fields representing more than 580 million barrels of crude oil that it cannot ignore any longer. These […]

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Cobalt to join Majors in Angola pre-salt Kwansa Basin With the Cameia discovery, the junior Cobalt International Energy Company Inc. (Cobalt) is joining the major companies BP, Chevron, Eni, ExxonMobil, Galp Energia, Maersk, Petrobras, PetroChina, Statoil and Total in the development of the pre-salt oil and gas reserves lying in the Angola deep offshore Kwanza […]

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