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PetroVietnam signed to buy Chevron stakes in Block-B The Vietnam national oil company (NOC) PetroVietnam Exploration Production Corporation (PetroVietnam) has taken over the working interests owned by the California-based international oil company (IOC) Chevron in the Block-B and the Block 48/95 gas field offshore Vietnam. Until now, Chevron was the main owner and operator of the […]

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India Key Projects and Business Highlights 2014 The Indian oil and gas sector is dominated at 70% by national oil companies (NOCs), the Oil and Natural Gas Corporation (ONGC) and the Oil India Limited (OIL or Oil India) and completed by an active private sector well represented by Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Ltd […]

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New Mozambique President to guide projects decisions The Italian major company Eni Spa (Eni) and the Houston-based independent company Anadarko Petroleum Corporation (Anadarko) are now expecting from the Presidential elections to speed up the publication of the regulation to guide their final investment decisions (FID) on their respective Mozambique liquefied natural gas (LNG) projects. Since […]

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ONGC may re-tender Bassein Expansion EPC contract The national oil company (NOC), Oil & Natural Gas Corporation (ONGC) is considering on last minute to rethink the scope of work for its Bassein Expansion project offshore India. Although the Bassein Development project has reached its final bidding stage to award the engineering, procurement and construction (EPC) […]

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India Key Projects and Business Highlights As most of the emerging countries, India wanted to preserve its oil and gas resources access and related revenues to its national state owned and private oil companies Indian Oil Corporation (IOC), Gujarat State Petroleum Company (GSPC), Oil and Natural Gas Corporation (ONGC), Reliance Industries Ltd (RIL). As a consequence, in India as […]

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