wells
Mexico Key Projects and Business Highlights Since 2004, when Mexico was able to produce 3.4 million barrels per day (b/d), this oil and gas giant managed to come down to 2.55 million b/d on first half 2013 due to a constitution concentrating in one state owned company, Petroleos Mexicanos (Pemex) all the responsibilities to explore and produce […]
Brunei Key Projects and Business Highlights The Sultanate of Brunei Darussalam (Brunei) is the largest net exporter of oil and gas in Asia with 125,000 barrels per day (b/d). The first oil was discovered in Brunei in 1899 near Bandar Seri Begawan city and in 1925 Shell created Brunei Shell Petroleum (BSP) to explore and develop the Seria field onshore in […]
Oxy and QP to call for tender ISND expansion contracts The US international oil company (IOC) Occidental Petroleum Corporation (Oxy) and the national oil company (NOC) Qatar Petroleum (QP) have approved the Field Development Plan (FDP) for the Idd el-Shargi North Dome expansion (ISND Phase-5) offshore the Qatar peninsula. Since 1994, Oxy is cooperating with QP to […]
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 […]
Russian EuroChem to profit from US shale gas supply The Moscow-based company EuroChem signed an agreement with the State of Louisiana to invest $1.5 billion capital expenditure to build a greenfield fertilizer plant along the Mississippi River in USA. Established only in 2001, EuroChem has grown up very fast over its 12 years of life in […]
Stampede TLP to unitize Pony and Knotty discoveries Hess Corporation (Hess) and its partners, BHP Billiton (BHP) from Australia, Chevron from USA, China National Offshore Oil Corporation (CNOOC) from China through its Canadian acquisition Nexens, and Statoil from Norway, have selected the Japanese engineering company Modec to provide the Stampede project with a tension leg […]
Dana reached agreement with Sharjah Emirate on Zora The Sharjah-based private company Dana Gas (Dana) managed to reach an agreement with the authorities of the Sharjah and Ajman Emirates in the United Arab Emirates (UAE) regarding the offshore development of the Zora gas field in the Sharjah Western Offshore concession. In 2008, Dana was awarded by […]
QGEP gauges two FPSO sizes for Atlanta heavy crude The first Brazilian independent oil company Queiroz Galvao Exploration & Production (QGEP) and its partners, OGX Petróleo e Gás Participações S.A (OGX) and Barra Energia do Brasil Petróleo e Gás Ltda (Barra Energia), are currently evaluating two different schemes to develop the offshore Block BS-4 and select the […]
