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China kicks off its shale gas development program
After benchmarking the USA who should become a net gas exporter in 2012 for the first time in their history, China has learnt the lesson very fast and decided to develop their reserves of shale gas on...
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Husky & CNOOC gear up with Madura FPSO and FPU
Husky Energy from Canada and CNOOC from China own each of the Madura fields, BD, MDA & MBH, in the Madura Straight on East Java, Indonesia. The remaining 20% belongs to the local Samudra Energy....
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Yan’an Energy selects Dow and Davy LP Oxo technology
Dow and Davy license LP Oxo℠ Technology to Shaanxi Yanchang n-Butanol project Shaanxi Yanchang Petroleum Yan’an Energy and Chemical Co., Ltd.( Yan’an Energy) belongs to Shaanxi Yanchang Petroleum...
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CNOOC and Sinopec to pump $20 billion in upstream acquisitions
CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares...
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Shell, CNOOC and CNPC to share production and technology
Shell, CNOOC and CNPC sign China and Gabon deals July 2012, Shell, China National Offshore Oil Corp (CNOOC) and China National Petroleum Corp (PetroChina or CNPC) announced to have signed several...
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CNOOC decides Taizhou Integrated Petrochemical Complex
$1.6 billion to build Taizhou Refinery and Aromatics China National Offshore Oil Corporation (CNOOC), China’s third National Oil Company (NOC), has decided to build a new integrated refinery and...
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BP launches parallel FEED on Tangguh third LNG Train
BP submitted plan for $12 billion Tangguh expansion In August 2012, BP and its partners MI Berau B.V., CNOOC Ltd , Nippon Oil Exploration (Berau) Ltd, KG Berau/KG Wiriagar, LNG Japan Corporation and...
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Chevron and YPF to explore tight oil and shale gas in Argentina
YPF and Chevron signed MOU in unconventionals YPF SA (YPF) the Argentina’s national oil company and the international oil company Chevron Corporation (Chevron) signed a memorandum of understanding to...
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CNOOC selects Technip and COOEC for Panyu in China
Genesis to provide support and detailed design China National Offshore Oil Corporation Deepwater Development Limited, a subsidiary of China National Offshore Oil Corporation (CNOOC), selected the...
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BG Group and CNOOC close deal on Queensland Curtis LNG
BG to become first supplier of LNG in China BG Group from UK and China National Offshore Oil Corporation (CNOOC) signed Heads of Agreement (HOA) about the Queensland Curtis Liquefied Natural Gas...
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Project Smart Explorer Last News
$50 billion of business opportunities in 250 projects On November 19th 2012, the Project Smart Explorer data base reports $50 billion of business opportunities within the 250 active projects in...
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Technip in brief
Take it further Headquartered in Paris, France, Technip is one of the largest engineering companies with more than 32,000 people covering all sectors of the oil and gas and petrochemical industry...
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Argentina to become world test field for tight oil and shale gas
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...
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CNOOC and Petronas to step in Canada oil sands
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...
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CNOOC in brief
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...
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Argentina to boost Exploration & Production with new oil export tax
YPF and Bridas signed $1.5 billion deal in Vaca Muerta As a result of the new oil export tax system, the national oil company YPF and Bridas Corporation (Bridas) signed a Farm-in agreement to explore...
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Tortue smiles at Harvest Natural Resources in Gabon
Tortue discovery paves Harvest way to Dussafu FPSO The Houston-based Harvest Natural Resources (Harvest) and its partner Panoro Energy (Panoro) from Norway hit pre-salt crude oil again with the Tortue...
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CNOOC, Total and Tullow move on Uganda Kingfisher project
Kingfisher to lead Lake Albert and refinery projects After resolving tax and refinery disagreements between Tullow Oil plc (Tullow) from UK, Total from France, the China National Offshore Oil...
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BG Group to speed up Queensland Curtis LNG Phase-2 Project
BG Group opts for competitive FEED on QCLNG-2 The London-listed BG Group plc (BG) has decided to organize competitive bids on the front end engineering and design (FEED) for the expansion of its giant...
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Indonesia Tangguh Expansion Project to move onshore and offshore
BP selects bidders for Tangghu LNG FEED competition The International Oil Company (IOC) BP and its partners in the Tangguh Expansion Project are currently qualifying the engineering companies to be...
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