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Chevron to invest $500 million in Bibiyana gas expansion

Chevron to boost Bangladesh gas and NGL production Chevron Corporation (Chevron) is one of the largest foreign investors in Bangladesh, providing employment and supplying nearly 50% of the country’s...

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Technical Service Contracts

Definition Technical Service Contract, or TSC, refers to an oil and gas exploration and production contract awarded by a producing country to the International Oil Company (IOC) bidding with the...

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Total signed Farm-in Agreement with Marathon in Kurdistan

Total to join other Majors ExxonMobil and Chevron in the northeast Iraqi province The French major Total and US Marathon Oil Company (Marathon) signed a Farm-in Agreement to develop two blocks in the...

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Gazprom to think technology for new Shtokman partnership

Statoil’s withdrawal opens door to Gazprom for new partnership with other Majors Since Gazprom, Total and Statoil could not make the final investment decision (FID) in June 30th on Shtokman despite...

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Concession

Definition  Concession is a form of contract in the oil and gas industry between a State and a company to explore and develop these resources. Comments Oil and gas concessions are very similar to...

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Chevron and Reliance close deal in Kurdistan oil fields

Chevron to acquire Rovi and Sarta in Iraqi Kurdistan Following ExxonMobil to move first in Kurdistan in signing six oil field development licenses in November 2011, Chevron is also entering Kurdistan,...

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Toyota Tsusho to build South Sudan Kenya $3 billion pipeline

South Sudan oil export pipeline to come thru Kenya Toyota Tsusho Corporation (Toyota Tsusho) increases its foothold in East Africa in leading the $3 billion South Sudan oil export pipeline project and...

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Total in the race to Kurdistan with ExxonMobil and Chevron

Total to acquire ShaMaran Taza oil field in Kurdistan The Canadian ShaMaran Petroleum Corp (ShaMaran) announced this week to have sold its interests to the French major Total  in the Taza oil field in...

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Iraq investigates Jordan export pipeline to Red Sea

Iraq export pipeline to Aqaba to substitute Syria pipeline SNC Lavalin from Canada and Stroytransgaz from Russia had been appointed respectively in 2011 and 2010 to provide consultation services and...

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Algeria in talks with Majors IOCs to boost shale gas development

After Eni, Talisman and Total, Sonatrach eyes on ExxonMobil and Shell After signing contracts with ENI from Italy, Talisman Energy (Talisman) and Total from France, Sonatrach is willing to attract...

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Zadco to call for tender on Zirku island expansion

Zadco to extend Zirku oil processing and gas treatment The Abu Dhabi company Zakum Development Company Oil Company (Zadco) is a joint venture between the national oil company (NOC) Abu Dhabi National...

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Oman boosts upstream and downstream with $33 billion projects

PDO Saih Rawl, PDO Zauliyah and BP Khazzam and Makarem lead Oman natural gas development Last  August, the national oil company (NOC) Petroleum Development Oman LLC (PDO) awarded the Saih Rawl...

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ExxonMobil in brief

The world largest publicly traded oil and gas company Based in Irving, near Houston, Texas, USA, Exxon Mobil Corporation (ExxonMobil) is listed in NYSE (XOM) and recognized as the world largest...

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Egypt to revive its refining and petrochemicals projects

BP and Shell explore successfully Nile Delta and Western Desert to secure oil and gas supply Then major international oil companies such as BP and Shell decided to extend their exploration and...

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Novatek and Total to implement Russia Yamal project on fast track

Technip and JGC win Yamal LNG EPC contract The Russian Novatek and the international oil company (IOC) Total from France have selected, through their joint venture JSC Yamal LNG, the consortium made of...

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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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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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Occidental and Qatar Petroleum prepare Idd el-Shargi North Dome Phase-5

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...

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Statoil and ExxonMobil compare Tanzania LNG development concepts

KBR completed Tanzania LNG project pre-FEED Since KBR completed the pre front end engineering and design (pre-FEED) work, the Norwegian national oil company (NOC) Statoil and the International oil...

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Chevron to invest $500 million in Bibiyana gas expansion

Chevron to boost Bangladesh gas and NGL production Chevron Corporation (Chevron) is one of the largest foreign investors in Bangladesh, providing employment and supplying nearly 50% of the country’s...

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