Project Feasibility study
Rosneft and Gazprom signed Cooperation Agreement Gazprom and Rosneft used the opportunity of the XI International Investment Forum in Sochi, Russia, to sign a Cooperation Agreement for the joint pre-development of the offshore oil and gas fields located in the Russia Continental Shelf (RCS). The exploration and production within the Continental Shelf (CS) of each […]
BP submitted plan for $12 billion Tangguh expansion In August 2012, BP and its partners MI Berau B.V., CNOOC Ltd , Nippon Oil Exploration (Berau) Ltd, KG Berau/KG Wiriagar, LNG Japan Corporation and Talisman Energy submitted their plan for the Tangguh LNG expansion project to the Indonesian Authorities. BP is planning to add a third train […]
Carnarvon basin smiles at Chevron for LNG expansion On September 2012, Chevron Corporation (Chevron) made a new gas find in the Greater Gorgon Area offshore Australia. Exploring the WA-374-P block of the prolific Carnarvon basin, Chevron performed the exploratory well Satyr-2 about 120 kilometers northwest of the Barrow island, offshore the Western Australia coast. The […]
Statoil to build IOR center and redefine drilling rigs Statoil leads the world on recovery rate in exceeding for the first time an average of 50% in 2011. By comparison the global oil recovery rate is around 35% and in the Norwegian Continental Shelf (NCS), all the producers reach an average of 47%. Among them, Statoil […]
Floating LNG lead Petronas to develop new solutions Petroliam Nasional Berhad (Petronas) from Malaysia and Honeywell’s UOP from Des Plaines, Illinois, USA, signed a cooperation agreement to develop new solutions for the natural gas treatment on board of vessels. While the crude oil production is stalled on a plateau, the natural gas production is increasing continuously […]
Total to convert Antwerp naphtha cracker to ethane Total announced during investor day, that he will spend $1.5 billion capital expenditure to adapt its Antwerp refinery and petrochemical complex to the market conditions. With a capacity of 350,000 b/d, Antwerp is the second largest refinery in Europe and the largest in Total including: – 348,000 […]
Growth is Life Headquartered in Numbai, Reliance Industries Limited (RIL) is the largest private sector company in India, listed on the National Stock Exchange of India Limited (NSE) and the Bombay Stock Exchange Limited (BSE). As a Group, RIL is a rather diversified company but with a solid core business around the oil and gas industry […]
Rovuma basin discoveries could set Mozambique as world’s third largest LNG exporter Over the last months, the Houston based, Anadarko Petroleum Corporation (Anadrako) and the Italian Eni multiplied natural gas discoveries on the east coast of Africa to the point that Mozambique could become the world third largest LNG exporter after Qatar and Australia. The oil […]
