Posts Tagged ‘depletion’

Pemex ramps up shallow water Oil & Gas fields development

Pemex awards Litoral A series of offshore platforms In October 2012, the national oil company Petroleos Mexicanos (Pemex) selected Dragados Offshore from Spain for the Compresion Alta Litoral A (CA Litoral A) project. This CA Litoral A project is part of the Litoral A Pemex‘s program to develop recent oil discoveries […]

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Pemex in brief

We build the Pemex of the Future Petroleos Mexicanos (Pemex) was established as the Mexican national oil company in 1939 as a result of the Oil Industry Expropriation Presidential Decree.  In 1992, the Mexican Federal Government published a new Organic Law to position Pemex and its subsidiaries as a decentralized […]

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Oxy in brief

Third largest US oil and gas company by equity Home based in Los Angeles, California, USA, Occidental Petroleum Corporation (Oxy) is listed in New York Stock Exchange since 1964 and is operating as an international oil company. With more than 40,000 employees, Oxy focuses its oil and gas operations in three […]

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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 explore and develop the local unconventional resources in oil and gas. According to the US Energy Information Administration (EIA) Argentina is the […]

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Gazprom and Rosneft ally on Russia Continental Shelf conquest

Rosneft and Gazprom signed Cooperation Agreement Gazprom and Rosneft used the opportunity of the XI International Investment Forum in Sochi, Russia, to sign a Cooperation Agreement for the joint pre-development of the offshore oil and gas fields located in the Russia Continental Shelf (RCS). The exploration and production within the […]

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Total and JX NOEX set partnership with PTTEP in Myanmar

Total and JX NOEX acquire stake in Myanmar M-11 PTT Exploration and Production (PTTEP), the national oil company in Thailand, Total from France and JX Nippon Oil & Gas Exploration (JX NOEX) from Japan, decided to join hands into a partnership to further explore and develop the offshore Myanmar oil […]

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BP and Reliance to spend $1 billion into KG-D6 Block

Reliance and BP in upstream and midstream Alliance On August 7th, 2012, BP and Reliance Industries Ltd (RIL) received from the India Oil Ministry the conditional approval for the production compensation of the declining offshore KG-D6 gas field. This decision was accelerated after three years of discussions in front of […]

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BP deploys new EOR technology on UK Clair Ridge Development

BP low sality EOR to bring 6% additional oil recovery BP and its partners ConocoPhillips, Chevron and Shell presented at the British Science Festival in Aberdeen a new technology to significantly improve the enhanced oil recovery (EOR) technology by water injection. Based on the principle of low salinity water injection, […]

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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 Depletion Compression Phase 2 (SRDC2) project to Larsen & Toubro from India to provide with the engineering, procurement and construction […]

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EOR

Definition EOR is the acronym of enhanced oil recovery and refers to all the ultimate technologies to compensate the natural depletion of the oil and gas fields Comments In developing a new oil and gas field, the natural pressure of the reservoir is at its maximum. For the oil fields, […]

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