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Statoil and SOCAR to increase cooperation in Azerbaijan

Statoil aims at major interests in giant Umid gas field  In January 2013, the Norwegian Foreign Minister Espen Barth Eide supported by Statoil International development and production chief Lars...

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Malaysia to take lead with world first vessel for offshore Chemical EOR

Petronas to award Angsi CEOR vessel EPC contracts The Malaysian national oil company Petronas is preparing the call for tender of the topsides and vessel conversion package for the Angsi chemical...

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Petronas to invest $61 billion in Malaysia on next five years

Petronas to decide soon on Bintulu LNG Expansion As part of Malaysia oil and gas and petrochemical strategic development program, the national oil company Petronas is to about to decided on the ninth...

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Rosneft goes global

Rosneft’s Neftegaz signed farm-in agreement with ExxonMobil in Gulf of Mexico deepwater The first week of March gave the opportunity to Rosneft to unveil its objective to go global in multiplying...

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Chevron evaluates new-build against converted FPSO for Angola Lucapa

KBR to complete FEED on Lucapa new-build FPSO On first quarter 2012, the international oil company Chevron through its local subsidiary Cabinda Gulf Oil Company (Cabinda) and its partners, the national...

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Petrobras to lease FPSOs to secure Brazil 2017 targeted oil production

SBM and Modec to charter three FPSOs to Petrobras The Brazil national oil company Petrobras signed with SBM Offshore (SBM) from The Netherlands two chartering contracts for floating production, storage...

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CNPC and KMZ to double crude oil pipeline from Kazakhstan to China

PetroChina to complete FEED by end of June 2013 The joint venture between the national oil companies China National Petroleum Corporation (CNPC or PetroChina) and the local KazMunaiGas (KMZ) is working...

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Dow Chemical to invest upstream to secure gas supply

Dow to pioneer Argentina first shale gas pilot project The Dow Chemical Company (Dow) from USA and the Argentina national oil company YPF  signed a memorandum of understanding (MOU) to develop shale...

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Toyo Engineering to build the largest Polyethylene plant in Egypt

Ethydco selected Toyo and ENPPI for Alexandria PE The local Egyptian Ethylene and Derivatives Company (Ethydco) selected Toyo Engineering Company (Toyo) from Japan and the Egyptian Engineering for the...

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KBR to design topsides for Chevron Lianzi project offshore Angola and Congo

Subsea 7 to subcontract Lianzi topsides to KBR The Houston-based KBR has been selected by Subsea 7 to design the topsides of Chevron Lianzi project offshore the Republic of Angola and the Republic of...

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Saudi Aramco considers again LNG Import Terminal project

Saudi Arabia to work on Red Sea LNG Terminal Project The national oil company Saudi Aramco is considering again to build liquefied natural gas (LNG) import terminal on the Red Sea. In the previous...

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Saudi Aramco to take over major infrastructures in Jizan Economic City

Saudi Aramco to develop Jizan Port and Power plant In order to ensure the development of the $7 billion Jizan refinery in the south of Saudi Arabia and its commercial operations expected to start in...

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Nigeria to rebuild Refining capacities

Dangote to invest $8 billion in new Nigeria refinery The Nigerian billionaire Aliko Dangote announced its project to build a greenfield new refinery in Nigeria in order to compensate current imports....

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PetroChina to take stake in Ecuador Refineria del Pacifico project

CNPC to join Petroecuador in Ecuador Refinery project The giant China National Petroleum Company (CNPC or PetroChina) is currently in discussion with the national oil companies (NOCs) Petroecuador and...

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Petronas to start Baram Delta Gas Gathering project development

Malaysian RNZ wins FEED contract on Bardegg-2  The national oil company (NOC) Petronas selected the local engineering services provider RNZ Integrated (RNZ) to perform the front end engineering and...

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Uruguay to go on his own with Montevideo LNG Regas Terminal

GDF-Suez to build and operate Uruguay LNG Terminal Gas Sayago, the joint venture between the  national oil company (NOC) Administracion Nacional de Combustibles, Alcohols y Portland (ANCAP) from...

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Maersk and Sonangol to select bidders on Angola Chissonga

Chissonga FPSO and TLP to be tendered separately Maersk Oil and Gas A/S (Maersk) from Denmark, the national oil company Sonangol from Angola and Odebrecht from Brazil are proceeding to the selection of...

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Petronas prepares FEED on Canada Pacific Northwest LNG project

British Columbia LNG project in design competition The Malaysia national oil company Petronas and its partner Japan Petroleum Exploration Corporation Ltd (Japex) are opening a design competition for...

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Anadarko at feasibility study on Offshore Mozambique LNG

Anadarko combines subsea and FPU in Rovuma Area-1 The Houston based Anadarko Petroleum  (Anadarko) and its partners  Mitsui E&P (Mitsui), BPRL Ventures Mozambique B.V. (BPRL), Videocon Mozambique...

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Shell and Petronas to invest $1 billion in 2013 in Iraq Majnoon oil field

Shell and Petronas to double Majnoon production The super major Shell and its partners, the national oil companies Petronas from Malaysia and South Oil Company (SOC) from Iraq, are planning to invest...

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