petrochemical sector
Funnel the Right Projects Much discussion has taken place on the current oil price situation where analysts don’t seem to be able to agree on the real root of the problem, nor on the actual forecast of this so-called crisis. But in Chinese language the word “crisis” is translated in the same word as “opportunity”, which […]
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 […]
Malaysia Key Projects and Business Highlights 2014 With the fifth largest proven reserves of crude oil in the Asia-Pacific region, Malaysia, through its national oil company (NOC) Petronas , occupies a strategic position in between the thirsty East Asia and the producing countries in Middle-East. Because of this strategic position on the oil and gas map, Malaysia is […]
Indorama takes seat in Tacaamol Al-Gharbia Complex The Thai chemical company Indorama Ventures (Indorama) and the local Abu Dhabi National Chemicals Corporation (ChemaWEyaat) signed an agreement to establish the joint venture Abu Dhabi Chemicals Integration Company (Tacaamol) to design and build the first phase of the Madeenat ChemaWEyaat Al Gharbia (MCAG) project in the Western […]
Iraq Key Projects and Business Highlights The first half 2013 saw positive changes in Iraq with all the companies increasing the production of crude oil and natural gas, and with most of the international oil companies (IOCs) such as BP, Chevron, ExxonMobil, Petronas, Shell, Total proceeding to successful diplomatic moves either in signing farm-in agreements […]
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 […]
Chevron to build shale pilot in Neuquen Province The California-based super major Chevron Corporation (Chevron) and YPF from Argentina signed Heads of Agreement to spent $1.24 billion capital expenditure to explore and develop the shale oil and gas in the Vaca Muerta Basin within the Neuquen Province in Argentina. Chevron is operating in Argentina for many […]
Malaysian RNZ wins FEED contract on Bardegg-2 The national oil company (NOC) Petronas selected the local engineering services provider RNZ Integrated (RNZ) to perform the front end engineering and design (FEED) of the Baram Delta Gas Gathering phase two (Bardegg-2) project on the Baronia field offshore Miri in the Sarawak province in Malaysia. In this […]
