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Abu Dhabi Chemical Company sets Tacaamol phase 1 Abu Dhabi Chemical Company (ChemaWeyaat) is planning to call for tender before the end of the year for the front end engineering and design (FEED) of the Tacaamol Aromatics project. Tacaamol is a joint venture between between ChemaWEaat and Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC). […]

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After Petronas Rapid joint venture Versalis go to China On April 2012, the Italian national oil company Eni decided to rename its chemical branch Polimeri Europa into Versalis. Beyond the branding operation, Eni intends to go global with its Europe centric chemical business to benefit from the high growth in emerging countries. In 2011, Polimeri […]

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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 […]

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Versalis joins Basf, Itochu and PTT to partner in Rapid Petroliam Nasional Berhad (Petronas) completed in September a joint venture with the Italian company Versalis, the chemical branch of Eni for the refinery and petrochemical integrated development (RAPID) project in Pengerang, Johor, Malaysia. With this partnership, Petronas and Versalis will design, develop and construct the elastomers […]

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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 […]

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Find out how our energy can create a better world Petroleo Brasileiro SA (Petrobras) was founded in 1953 and is today the largest corporation in Brazil operating in 27 countries outside of Brazil, highlighting United States and West Coast of Africa. Petrobras is listed on San Paulo ADR and on NYSE but mostly owned and managed by […]

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Petrobras to build $3 billion Gas-to-Chemicals complex Petróleo Brasileiro S.A. (Petrobras) from Brazil selected Foster Wheeler AG (Foster Wheeler) from Switzerland for a greenfield world-scale Gas-to-Chemical complex to be built at Linhares, in Esperito Santo State, southeast Brazil. Estimated around $3 billion capital expenditure, the Linhares Gas-to-Chemical complex  is identified as UFN-IV, standing for the Unit of Nitrogen Fertilizer […]

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Ukraine selects Exxon-Shell-OMV-Nadra for Skifska The consortium let by the international oil companies (IOCs) ExxonMobil and Shell with the contribution of OMV Petrom (OMV) from Romania and the Ukraine National Oil Company Nadra Ukrainy has been selected by the Ukraine Government to develop the Skifska natural gas field in the Ukraine continental shelf of the Black […]

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