unconventional oil and gas
Saudi Arabia Projects and Business Highlights 2014 On the last five years, the national oil company (NOC) Saudi Aramco invested mostly in the downstream sector including large grassroot refineries and the largest petrochemical complexes in the world. But on the second half of the year 2014 we could see Saudi Aramco turning back to upstream activities to explorer new resources […]
Key Projects and Business Highlights 2014 On the Western Canada, the Provinces of British Columbia (B.C.) and Alberta have decided to favor all the investments to develop the unconventional gas resources in addition to the well known bitumen. In the gas race to supply thirsty East Asia countries, Canada identified the opportunity to take the […]
Wintershall inks deal with Gas y Petroleo del Neuquen The Basf oil and gas subsidiary Wintershall and the Argentina local company Gas y Petroleo del Neuquen (GyP) finalized their joint venture agreement by which the German company will take the operator role to develop shale gas in the Block Aquada Federal as part of the Vaca […]
China Key Projects and Business Highlights While the Chinese national oil companies (NOCs) China National Petroleum Corporation (CNPC or PetroChina), Sinopec, and China National Offshore Oil Corporation (CNOOC) explore the world to find new oil and gas resources, the foreign companies such as Air Liquide, Basf, Dow Chemical, ExxonMobil, Huntsman, Lanxess, Shell, Total, invest in China in all kinds of […]
Chevron to build shale pilot in Neuquen Province The California-based super major Chevron Corporation (Chevron) and YPF from Argentina signed Heads of Agreement to spent $1.24 billion capital expenditure to explore and develop the shale oil and gas in the Vaca Muerta Basin within the Neuquen Province in Argentina. Chevron is operating in Argentina for many […]
Oman selects Sohar for a $3.6 billion Plastics Project The Oman Refineries and Petroleum Industries Company (ORPIC) took the opportunity of the Polyolefins Plastics Arabia Conference organized in Muscat in May 2013 to unveil the details of a greenfield world-scale petrochemical complex to be located in Sohar. As most of the Gulf countries, the Sultanate […]
China National Offshore Oil Corporation The China National Offshore Oil Corporation (CNOOC) is the Chinese third largest oil and gas company in China after PetroChina (CNPC) and Sinopec. Based in Hong Kong, CNOOC was established in 1999 to develop the offshore resources in complement of PetroChina focusing on the onshore exploration and production and Sinopec […]
Schlumberger and Baker Hugues to lead exploration When Repsol-YPF discovered in 2011 the potential reserves of the Vaca Muerta in tight oil and Los Toldos and Totoral permits, it sent the signal to all the 50 companies having licenses in Argentina to drill more and to take their chance at the benefits of Schlumberger and Baker […]
