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Majors work on alternatives to export North Slope gas  In October 2012, the major companies operating in Alaska, ExxonMobil, ConocoPhillips, BP and TransCanada submitted to the Alaska administration their first report for an Alaska liquefied natural gas (LNG) export project. Estimated to cost $45 billion to $65 billion capital expenditure, Alaska LNG should be one of […]

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Oman prepare series of projects for PTA,PET and PIA The national oil company Oman Oil Company (OOC) and its 92% subsidiary Takamul Investment Company (Takamul) presented a program of new projects covering the petrochemicals, metals and mining sectors. OOC, as a wholly-owned company by the Government of the Sultanate of Oman is investing in the […]

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Creative hybrid chemistry for a better tomorrow Registered in Tokyo and listed in Tokyo Stock Exchange, Japan, Sumitomo Chemical Company Limited (Sumitomo Chemical) was established in 1913 to solve  environmental issues. The smelting operations in the copper industry was emitting quantity of sulfur dioxide. Sumitomo Chemical was created to transform and monetise this sulfur dioxide […]

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Saudi Aramco and Sumitomo Chemical target to complete Petro Rabigh Phase 2 project on time October 2012, JGC Corporation (JGC) from Japan has been awarded the expansion of the JGC Corporation (JGC)in the Petro Rabigh Phase 2 project. Rabigh Refining and Petrochemical Company (Petro Rabigh), is a balanced joint venture between  – The Saudi Arabian […]

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Among world top ten privately owned oil producers   Headquartered in Moscow, Russia, TNK-BP was established in 2003 from the merger between BP Russia oil and gas assets and the local consortium Alfa-Access-Renova (AAR). Created on a balanced base, BP and AAR‘s stakeholders agreed to own 50% each of the newly formed TNK-BP entity. Through […]

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Non-end drive to USA paves Enbridge way to Asia With the cancellation of the $16.2 billion Mackenzie Valley pipeline project, Canada integrates the new situation created in the USA with the exponential development of the shale gas these last years. Proposed in the 1970s and finally approved by the Canada’s National Energy Board (NEB), the […]

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Joined expertise to focus on subsea EPCI contracts Technip, the French engineering company, and Heerema Marine Contractors, the Netherlands-based offshore contracting and services company, have signed a global alliance to join their respective expertise on the ultra deep water business. Home-based in Paris, France, Technip is one of the largest engineering company in the world […]

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