USA
CNOOC and Petronas to acquire Nexen and Progress On December 7th, 2012, Canada Prime Minister John Harper announced the approval for two national oil companies China National Offshore Oil Company (CNOOC) and Petronas from Malaysia to acquire respectively: – Nexen Inc. (Nexen) – Progress Energy Resources Corp. (Progress) For Nexen, CNOOC is ready to pay $15.1 […]
Reaching new frontiers Sasol was established in Sasolburg in South Africa in 1950 to develop on industrial basis the Coal-To-Liquids (CTL) technology as this country is rich of coal and many other resources but holds limited oil and gas conventional fields. Sasol started up the first CTL plant in 1955 to produce synthetic fuels and chemicals. […]
Sasol to prioritize US GTL on Canada GTL project In a press conference in Louisiana, Sasol’s chief executive officer, David Constable, confirmed the decision of the board to move on the front end engineering and design (FEED) stage of the first Gas-To-Liquids (GTL) project to be built in USA. To be located in its site […]
Gazprom first LNG shipment from Norway to Japan Gazprom prepared and implemented successfully the first shipment of liquefied natural gas (LNG) through the freezing Northern Sea Route (NSR) around the North Pole from Norway to Japan. Leaving the Port of Hammersfet in Norway on November 9th, the Ob River LNG carrier reached the Port of Tobata […]
Woodside to become LNG operator in Leviathan December 3rd, 2012, the Australian company Woodside closed a deal with Noble Energy (Noble) representing the Leviathan joint venture to take 30% stake in the giant Leviathan natural gas field. Lying by 1,700 meters deepwater depth at 135 kilometers west from Israel coast, the Leviathan field may contain up to […]
Bechtel and Fluor to share Phosphates PMC contracts The Saudi Arabian Mining Company (Maaden) made the final decision regarding the project management consultancy (PMC) contracts to be awarded for the $6 billion capital expenditure for the Phosphate City project. Maaden is planning the Phosphate City project in the north of Saudi Arabia to debottleneck its Al […]
Sabic to expand petrochemical capacities in USA The Ryadh-based Saudi Basic Industries Corporation (Sabic), may join BASF, ChevronPhillips, Dow Chemical (Dow), Enterprise Products Partners (Enterprise), ExxonMobil, Evonik, Occidental Petroleum, Sasol, Shell, to increase its petrochemical foot print in USA to benefit from the low costs feedstock provided by the shale gas. Speaking at the Gulf […]
Resources and Energy With Headoffice in Sydney, New South Wales, Australia, WorleyParsons was established in 2004 from the acquisition of the Californian engineering company Parsons E&C by the Australian Worley. Parsons E&C had a long history since 1944 in the downstream sector, refining, petrochemicals and power. Worley was established under the actual form in 1987 from […]
