oil and gas
BP, ExxonMobil, Shell, Total in concessions race In 2013, the historical international oil companies (IOCs) BP from UK, ExxonMobil from USA, Statoil from Norway, Partex from Portugal and Total from France have been racing to at least preserve and hopefully extend in 2014 their respective concessions rights in the onshore fields of Abu Dhabi shared […]
2B1st Consulting wish you a Happy New Year 2014 2B1st Consulting wish you a Prosperous and Happy New Year 2014 with always more projects in the Oil & Gas and Petrochemical industry. Even if some projects were put on hold or postponed because of design and costs issues, the overall trend of the sector remains […]
Russia votes for competitive LNG export projects On December 1st 2013, Russia enforced the new regulation to allow Gazprom Russian competitors such as Rosneft and Novatek to export liquefied natural gas (LNG) from Russia. Until then, this export licence was concentrated in the exclusive rights attributed to Gazprom. But the Stokman experience, the legal pursuits of the European Community […]
Qatar Petroleum to diversify in oil and petrochemicals Since the moratorium decided by Qatar in 2005 to freeze all new offshore projects out of its giant North Dome project, Qatar Petroleum concentrated to complete on going projects and to stabilize the reservoir from the consequences of the multiplication of the production wells. This moratorium was supposed […]
Statoil and Chevron review costs in North Sea projects In 2013, shortly after that Norway had weighted its tax policy on oil and gas companies operating in the Norwegian North Sea, UK did the opposite and released a new tax regulation to encourage companies to explore more challenging deep offshore resources on the UK side […]
ExxonMobil, Shell and Total head to head for PNG gas These last months of 2013 have seen the major companies ExxonMobil, Shell and Total in an intense competition to share working interests with the junior New York-listed company InterOil Corporation (InterOil) in the large Elk and Antelope discoveries of the western Papua New Guinea (PNG). For nearly […]
2B1st Consulting wish you a Merry Christmas The whole team of 2B1St Consulting and Project Smart Explorer wish you a Merry Christmas. After one year of hard work to run after your business, many of you may be enjoying a well deserved break for this Christmas Season, sometimes back to your home country, but always […]
Canada to boost crude oil production 75% by 2035 According to its National Energy Board (NEB), Canada expects to increase its crude oil production 75% by 2035. In respect with the rising the demand in North America and in Asia, Canada sees the opportunity to target a volume of production of 5.8 million barrels per […]
