Wintershall
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 […]
BP, ExxonMobil, Shell, Total in concessions race In 2013, the historical international oil companies (IOCs) BP from UK, ExxonMobil from USA, Statoil from Norway, Partex from Portugal and Total from France have been racing to at least preserve and hopefully extend in 2014 their respective concessions rights in the onshore fields of Abu Dhabi shared […]
Statoil and Chevron review costs in North Sea projects In 2013, shortly after that Norway had weighted its tax policy on oil and gas companies operating in the Norwegian North Sea, UK did the opposite and released a new tax regulation to encourage companies to explore more challenging deep offshore resources on the UK side […]
Premier Oil to award Catcher FPSO EPC contract The London-based company Premier Oil (Premier) and its partners, Cairn Energy (Cairn) from Scotland and the Basf subsidiary Wintershall from Germany, are on the point to make the final decision to award the engineering, procurement and construction (EPC) contract for a floating, storage, production and offloading (FPSO) […]
Total and Wintershall proceed with Vega Pleyade The french major company, Total and its partners, Basf–Wintershall from Germany and the local Pan American Energy (PAE), are proceeding with the development of the world utmost southern Vega Pleyade project offshore Argentina. After years without investments to maintain oil and gas fields and explore new ones because […]
Majors develop cutting-edge subsea drilling technology On February 2013, the German Wintershall oil and gas company has decided to follow Chevron example in taking shares in the subsea drilling innovative company Badger Explorer aside its key stakeholders ExxonMobil and Statoil. With the ambition to increase its footprint in the offshore exploration and production in the […]
UAE Key Projects and Business Highlights In the United Arab Emirates, 2012 is some kind of a transition year with the development of midstream projects in Fujairah and the bid preparation of large projects upstream and downstream. With the completion of Habshan – Fujairah export pipeline, Abu Dhabi Company for Onshore Oil Operations (Adco) will […]
Norway Key Projects and Business Highlights In 2012, Norway started to collect the first benefits of its exploration in the untapped oil and gas fields of the Norwegian Continental Shelf (NCS). With the Geitungen discovery, the Johan Sverdrup is taking a new dimension motivating Statoil and its partners Maersk, Petoro, Det Norske Oljeselskap (DNO) and Lundin […]
