
Project Feasibility study
Eni, Total, Kogas and Novatek win exploration blocks On October 30th, Cyprus announced to award four permits out of the second licensing round initiated by the Cyprus Government in February 2012. For this second licensing round, Cyprus offered 12 blocks for auction to oil and gas companies to bid until end of May. From this […]
Mellitah Oil and Gas to pre-qualify for Basic and FEED On October 14th, 2012, the joint venture Mellitah Oil and Gas (MOG) between Eni from Italy and the Libyan National Oil Company (NOC) closed the submission period for the pre-qualification of the engineering companies to provide basic design and front end engineering and design (FEED) work […]
Eni discoveries trigger debate on upstream localization In September 2012, the Italian national oil company Eni and its partners, Vitol from The Netherlands and the Ghana National Petroleum Company (GNPC), made the first oil discovery in the Offshore Cape Three Point (OCPT) block in the Tano Basin about 50 kilometers offshore Ghana. The exploration and […]
Energy on the move Established in1933 by Leon Hess to truck and deliver oil in New Jersey, Hess Corporation has become today a global independent energy company acting: – Upstream in oil, natural gas and condensate exploration production – Downstream in refining and marketing refined petroleum products and natural gas – Distributing electricity With Headquarter in […]
STAR Refining plans one of largest projects in Turkey Through the joint venture STAR Refining Inc. established in January 2012, the State Oil Company of Azerbaijan Republic (Socar) and Turcas Petroleum AS (Turcas) are developing the $5 billion Aegean Refinery project on the western coast of Turkey on the Aegean Sea. The Socar Turcas Aegean […]
Supremus-1 and Trion-1 open Pemex new horizon The Mexican national oil company, Petroleos Mexicanos (Pemex) made two major discoveries in a month in the Perdido Fold Belt deepwater of the Gulf of Mexico. In August 2012, Trion-1, first Pemex’s successful well was drilled only 39 kilometers from the US territorial waters by 2,540 meters deepwater […]
We build the Pemex of the Future Petroleos Mexicanos (Pemex) was established as the Mexican national oil company in 1939 as a result of the Oil Industry Expropriation Presidential Decree. In 1992, the Mexican Federal Government published a new Organic Law to position Pemex and its subsidiaries as a decentralized entity of the Federal Government […]
Pemex to import natural gas from Eagle Ford shale field The Mexican national oil company Petroleos Mexicanos (Pemex), through its international gas trading division MexGas International (MGI), is pursuing several pipelines projects to import natural gas from USA. In Mexico as in other countries, the price of the natural gas is a key driver of the performances […]