
Offshore technology
Statoil to build IOR center and redefine drilling rigs Statoil leads the world on recovery rate in exceeding for the first time an average of 50% in 2011. By comparison the global oil recovery rate is around 35% and in the Norwegian Continental Shelf (NCS), all the producers reach an average of 47%. Among them, Statoil […]
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 […]
From an Oil and Gas company to the Energy Company Total S.A. (Total) is a limited company, established in France in March 1924, and listed on Paris , London, Brussels and New York Exchanges with operations in more than 130 countries and 96,000 employees. Under different brands, Total, Elf, Elan, AS24, Total is the first largest […]
Growth is Life Headquartered in Numbai, Reliance Industries Limited (RIL) is the largest private sector company in India, listed on the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE). As a Group, RIL is a rather diversified company but with a solid core business around the oil and gas industry […]
Rovuma basin discoveries could set Mozambique as world’s third largest LNG exporter Over the last months, the Houston based, Anadarko Petroleum Corporation (Anadrako) and the Italian Eni multiplied natural gas discoveries on the east coast of Africa to the point that Mozambique could become the world third largest LNG exporter after Qatar and Australia. The oil […]
Empowering the nation for generations to come The Abu Dhabi National Oil Company (ADNOC) is one of the world’s leading national oil companies (NOC) with substantial business interests in upstream, midstream and downstream activities, including transportation, shipping, marketing and distribution. ADNOC is part of the world Top 10 oil producing company. Established in 1971, ADNOC has 15 […]
To be “Leading Oil and Gas Multinational of Choice” Petroliam Nasional Berhad (Petronas) was established in 1974 as the national oil company (NOC) of Malaysia. As a Malaysian Government wholly-owned company, Petronas has fully integrated oil and gas operations in a broad spectrum of the oil and gas upstream–midstream–downstream value-chain. Upstream, Petronas’s activities include the exploration, development and […]
Total and JX NOEX acquire stake in Myanmar M-11 PTT Exploration and Production (PTTEP), the national oil company in Thailand, Total from France and JX Nippon Oil & Gas Exploration (JX NOEX) from Japan, decided to join hands into a partnership to further explore and develop the offshore Myanmar oil and gas fields in the […]