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PetroVietnam signed to buy Chevron stakes in Block-B The Vietnam national oil company (NOC) PetroVietnam Exploration Production Corporation (PetroVietnam) has taken over the working interests owned by the California-based international oil company (IOC) Chevron in the Block-B and the Block 48/95 gas field offshore Vietnam. Until now, Chevron was the main owner and operator of the […]

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Thailand Key Projects and Business Highlights In Thailand the oil and gas and petrochemical activity is driven by the national oil company (NOC) PTT Public Company Limited (PTT) and its more know subsidiary PTT Exploration and Production Public Company Ltd (PTTEP) with the support of foreign majors such as Chevron or Mitsui Oil Exploration Company (Mitsui or MOECO) and independent […]

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Oman Key project and Business Highlights 2014 Although the Sultanate of Oman points only on the seventh position by crude oil proven reserves amongst the Middle-East country it attracts more and more international companies such as BP, PTTEP, Shell or Total to support the national companies Petroleum Development of Oman (PDO), Oman Oil Company (OOC) […]

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Eni at pre-qualification for first Mozambique FLNG The Italian national oil company (NOC) Eni is currently proceeding to the pre-qualification of the engineering companies and shipyards to be invited to bid (ITB) for the front end engineering and design (FEED) of the first floating liquefied natural gas (FLNG) vessel to be moored in the Area-4 […]

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PDO to launch Rabab follow-up in Harweel Cluster The national oil company (NOC) Petroleum Development of Oman (PDO) made the final investment decision (FID) on the Rabab Harweel Integrated Project (RHIP) in the South of Oman. Following BP‘s decision to go ahead with the giant Khazzan and Makarem tight gas project in the center of […]

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Eni may run its own fast track on Mozambique LNG The Italian national oil company Eni and its partners China National Petroleum Corporation (CNPC or PetroChina), Kogas from South Korea, Galp Energia from Portugal and Mozambique Emprecia Nacional de Hidrocarbonetos (ENH)  are evaluating alternative solutions to develop its Mozambique liquefied natural gas (LNG) project on […]

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