offshore
$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…) – […]
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 […]
Petrobras expects first series of vessels in 2014 – 2015 On end of last year Petróleo Brasileiro S.A. (Petrobras) signed contracts for chartering six pipelay support vessels (PLSVs) for the development of the pre-salt oil and gas fields in the Santos Basin, offshore Brazil. Representing a total of $2.9 billion chartering contracts, these new-build pipelay vessels were […]
Setting the standard in drilling The actual Seadrill assets results from the consolidation of several companies operating in the offshore drilling sector. Registered in Hamilton, Bermuda Islands, in 2005, Seadrill Limited (Seadrill) is listed in Oslo and New York Stock Exchanges. One of the major Seadrill’s acquisition relies on the Norwegian Smedvig asa in 2006. […]
Pemex awards Litoral A series of offshore platforms In October 2012, the national oil company Petroleos Mexicanos (Pemex) selected Dragados Offshore from Spain for the Compresion Alta Litoral A (CA Litoral A) project. This CA Litoral A project is part of the Litoral A Pemex‘s program to develop recent oil discoveries in the shallow waters of […]
Saudi Aramco to require “In-Kingdom EPC” contracts After implementing the General Engineering Services Plus (GES+) initiative at the design phase of the projects, Saudi Aramco is planning to enforce its requirements for the Saudi localization at the execution phase with the “In-Kingdom EPC” contracts. For some years, Saudi Arabia is investigating all the opportunities to use […]
World Bank and European Bank for Reconstruction & Development to provide funding to reduce flared gas The World Bank and the European Bank for Reconstruction and Development (EBRD) are calling the oil companies and the producing countries to cut the gas flaring by 30% in the next five years. According to 2011 estimations, about 140 […]
To be a world-leading Energy and Chemical Company China Petrochemical Corporation (Sinopec Group) was established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group is a state wholly owned company with Headquartered in Beijing, China and a registered capital of RMB 182 billion ($30 billion). As a state-owned company, Sinopec Group […]
