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. Nigeria is the largest crude oil producer in Africa but is also one of the largest importer of fuels (more…)
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09
May
2013
Nigeria to rebuild Refining capacities
Petrobras to send invitations to bid on Carioca FPSO Petrobras and its partners, BG Group (BG) and Repsol-Sinopec Brazil, are preparing the invitation to bid (ITB) to be sent to the charter companies for the lease of a floating, production, storage and offloading (FPSO) vessel at Carioca in the Santos (more…)
Read moreTortue 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 discovery in the Dussafu Marin License offshore Gabon. This success paves the way to Harvest and Panoro to consider the (more…)
Read moreM&G to invest $1 billion in PET and PTA plants in USA The Italian company Mossi & Ghisolfi Gruppo (M&G Group) made the final investment decision (FID) for to build a greenfield polyethylene terephthalate (PET) and purified terephthalic acid (PTA) plants in Corpus Christi in Texas, USA. M&G Group is a (more…)
Read moreSchlumberger 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 the 50 companies having licenses in Argentina to drill more and to take their chance at the (more…)
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30
Nov
2012
SABIC and Shell to expand Sadaf joint venture
SABIC and Shell to invest in and beyond Saudi Arabia In November 2012, Saudi Basic Industries Corporation (SABIC) and Shell have decided to work on expansion opportunities of their joint venture Saudi Petrochemical Company (Sadaf). These expansion ambitions are not limited to the sole Saudi Arabia but should also aim at (more…)
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20
Nov
2012
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 pursuit in the oil and gas and petrochemical industry. These business opportunities are related for: - $18 billion to Electrical products and systems (Switchgears, transformers, motors and generators, cables, (more…)
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