BP to consider all options for Mad Dog 2 development After the decision to stop the ongoing front end engineering and design (FEED) contracts on the Mad Dog Phase 2 project, BP and its partners, BHP Billiton and Chevron, are back to the drawing board to search for an economically (more…)
Read moreGrupo R orders four jack-up rigs to Keppel for Pemex The Mexican construction and oil field service company Grupo R ordered four jack-up drilling rigs to Keppel Fels in Singapore to support the exploration and production program planned by Petróleos Mexicanos (Pemex) to stop the Mexican production to decline and to (more…)
Read moreRosneft 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 strategic partnerships with leading companies such as ExxonMobil. On March 6th 2013, Rosneft‘s subsidiary Neftegaz America Shelf LP (Nefetgaz) signed (more…)
Read moreOxy to join Chevron, Dow, Exxon and Shell US projects On December 2012, Occidental Chemical Corporation (OxyChem) submitted a permit application to the US Environmental Protection Agency (EPA) for the construction of a new ethylene cracker at Ingleside in Texas, USA. Based in Los Angeles in California, USA, Occidental Petroleum (more…)
Read moreAltaGas and Idemitsu to build LNG facility on BC coast AltaGas Ltd (AltaGas) from Alberta in Canada and the Japanese Idemitsu Kosan Corporation Ltd (Idemitsu) have decided to form the 50/50 AltaGas Idemitsu Joint Venture Limited Partnership joint venture to export liquefied natural gas (LNG) and liquefied Petroleum Gas (LPG) from (more…)
Read moreRosneft to lead pilot project in Bazhenov formation In line with the strategic cooperation agreement signed in August 2011, Rosneft and ExxonMobil signed a Pilot Development Agreement to explore and produce tight oil from the Bazhenov and Achimov formation in the Western Siberia. According to the terms of the Pilot (more…)
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