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To be both a competent explorer and acquirer Investors established Apache Corporation (Apache) in 1954 with only $250,000 capital to become an international oil and gas company listed in NYSE (APA) Today, Apache has taken the world market leadership of the independent oil and gas companies.exploration and production companiese In line with its corporate statement […]

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A major integrated energy company Registered in Roma, Italia, Eni S.p.A. (Eni) is a national oil company with 33% shares owned by the Italian Government and 67% listed in the Milan Stock Exchange, Italy and on the New York Stock Exchange. With operations in 85 countries and 79,000 employees, Eni is developing an extensive integrated business model […]

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Third largest US oil and gas company by equity Home based in Los Angeles, California, USA, Occidental Petroleum Corporation (Oxy) is listed in New York Stock Exchange since 1964 and is operating as an international oil company. With more than 40,000 employees, Oxy focuses its oil and gas operations in three core regions of the world: […]

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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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Definition Pipelay Vessel or Pipe Laying Vessel refers to the vessel used by the offshore oil and gas industry to install subsea all the connecting infrastructures such as pipelines, umbilicals or electrical cables Comments These subsea infrastructures may be installed to connect floating units on the surface to the seabed, or from shore to floating […]

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Daelim signed MOU for Petrolimex $4.8 billion refinery Actually Vietnam has just one major refinery, the $2.2 billion Dung Quat complex with a capacity of 130,500 b/d and is working on the $7.5 billion Nghi Son refinery. In order to meet its domestic demand by 2020, Vietnam would need 600,000 b/d capacity  in respect with the […]

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Weatherford won Garraf $200 million processing facility Garraf or Gharraf is the fifth biggest oil field in Iraq with estimated 1 billion barrels reserves. Garraf is located halfway between the southern cities of Karbala and Nasiriya in Thi Qar governorate  in the Southern of Iraq. In 2009 Petronas, with its partners, successfully won the Garraf oilfield […]

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Fujairah refinery, a strategic project for the UAE International Petroleum Investment Company (IPIC) is moving ahead with the crude oil refinery project to be located at Fujairah, UAE. The Fujairah refinery, should have a capacity of 10.0 million t/y or 200,000 b/d. IPIC estimated the capital expenditure at $ 3 billion. The Fujairah refinery project should be […]

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