Petrochina
SNC Lavalin won FEED contract for phase-1 to Aqaba On December 2012, the Iraq Ministry of Oil (MoO) presented in London, UK, Road Show, its Strategic Crude Oil Export Pipeline Infrastructure Project across Jordan, Syria and Turkey. During this London Road Show, the Ministry of Oil also detailed the phase-1 of the Strategic Crude Oil […]
Eni ready to sell 20% stake in Rovuma to CNPC Although Eni from Italy and Anadarko Petroleum (Anadarko) from US had decided to team up in the onshore part of Mozambique liquefied natural gas (LNG) project, the both companies are searching for separated partnerships to develop the super-giant natural gas fields of the Rovuma basin. The size and complexity […]
Shell to start upstream and postpone LNG Trains Since November 2012, the Anglo-Dutch international company, Shell, and China National Petroleum Company (CNPC or PetroChina) multiplied announcements to reconsider their Arrow LNG project in the Queensland in eastern Australia. Shell and PetroChina wholly own the Arrow LNG project through a 50/50 joint venture with the intention to invest […]
Russia Key Projects and Business Highlights In 2012, the newly elected President Putin managed to re-shape its oil and gas and petrochemical industry with number of strategic decisions to ensure that Russia will remain the largest producer of oil and gas in the coming years. President Putin based its economic program for the next five years […]
Iraq Key Projects and Business Highligfhts In 2012, Iraq has been the theater of strategic step changes for most of the companies depending on their profile as international oil companies, national oil companies, small and mid-cap oil companies. The national oil companies, such as Gazprom, Lukoil, PetroChina, Petronas, were moving into the active development of […]
Australia Key Project and Business Highlights In 2012, Australia popped up as center of universe for the liquefied natural gas (LNG) industry with the number of LNG projects pilling up, the costs of these projects spiraling up by 80%, the new discoveries leading to strategic changes. With a second wave of LNG projects representing $156 billion capital […]
CNPC to take $2.2 billion stake in Encana Duvernay The China National Petroleum Company (CNPC or PetroChina) speeds up acquisitions of interests in Canada with the $2.2 billion offered to the local Encana for stake in the Duvernay oil sand project. According to the deal reached between the parties, PetroChina will take, through its wholly-owned subsidiary […]
Leading North American energy producer Born in 2002 in Calgary, Alberta, from the merger between PanCanadian Energy Corporation (PanCanadian Energy) and Alberta Energy Company Ltd (Alberta Energy), Encana is operating in oil and gas exploration and production in North America. Headquartered in Calgary, Encana is listed in Toronto and New York Stock exchanges. Created in the 1880s […]
