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One day - One News
Sep. 28 - 2012
Petronas to call for bid on Gharraf Gas Treatment Plant in October

Petronas and Japex move on Iraq Gharraf phase 1 The Malaysian national oil company, Petronas, Japan Petroleum Exploration (Japex) and North Oil Company from Iraq, are moving one the first phase of the development of the Gharraf, or Garraf, oil and gas field in southern Iraq. Gharraf is the fifth largest oil field in Iraq with estimated 1 […]

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One day - One News
Aug. 7 - 2012
Shell, CNOOC and CNPC to share production and technology

Shell, CNOOC and CNPC sign China and Gabon deals July 2012, Shell, China National Offshore Oil Corp (CNOOC) and China National Petroleum Corp (PetroChina or CNPC) announced to have signed several contracts for oil and gas production sharing and co-operation in China and in Gabon. In these agreements:  – Shell and CNOOC signed two offshore oil and gas Production Sharing Contracts (PSCs) in China. […]

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capital expenditure China CNOOC CNPC conventional resources crude oil Exploration & Production Farm-out-Agreement Gabon gas International Oil Company IOCs joint venture Market Leadership natural gas offshore offshore drilling rigs Offshore technology ogp projects Oil & Gas Oil & Gas and Petrochemical oil and gas Oil news Petrochina Production Sharing Contract (PSC) Project Feasibility study PSC shale gas Shell unconventional resources upstream
One day - One Word
Aug. 7 - 2012
“PSC”

Definition PSC is the acronym of Production Sharing Contract. PSA may also be used to refer to Production Sharing Agreement Comments PSC is an agreement between the parties to a well and a host country regarding the percentage of oil and gas production each party will receive after the participating parties have recovered a specified amount […]

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Africa Asia Business model CAPEX capital expenditure China crude oil Exploration & Production gas hydrocarbon International Oil Company IOC joint venture natural gas NOC offshore Offshore technology ogp projects Oil & Gas Oil & Gas and Petrochemical oil and gas oil and gas field Oil news operational expenditure (OPEX) Production sharing Agreement Production Sharing Agreement (PSA) PSC upstream

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