Posts Tagged ‘Itochu’

Final decision on Pengerang Integrated Petroleum Complex (PIPC)

Petronas RAPID to go ahead as part of Malaysia PIPC In making the final investment decision (FID) on the Pengerang Integrated Petroleum Complex (PIPC), the Malaysia national oil company (NOC) Petronas is triggering the execution phase of the Refinery And Petrochemical Integrated Development (RAPID) project in the south Johor next […]

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BP and Socar to boost Azerbaijan ACG Full Field Development

BP recommends AIOC to add platforms before 2021 As the operator of the Azeri-Chirag-Gunashli (ACG) oil field in the Caspian Sea of Azerbaijan, Azerbaijan, BP shared with his partners, the State Oil Company of Azerbaijan (Socar), Inpex, Chevron, ExxonMobil, Statoil, TPAO, Itochu and ONGC Videsh, in the Azerbaijan International Operating Company […]

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One Day – One Country: Azerbaijan

Azerbaijan Key Projects and Business Highlights With giant projects such as Azeri-Chirag-Guneshli (ACG), the Baku-Tbilisi-Ceyhan (BTC) pipeline, and the Shah Deniz Phase-2, Azerbaijan has joined the largest producing countries of natural gas.  The reserves of the Caspian Sea offshore Azerbaijan have attracted all the major companies BP, Inpex, Chevron, Itochu, Hess, Statoil , […]

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Petronas moves forward on RAPID Petrochemicals despite delays

Petronas calls for tender RAPID Package 8 EPCC The Malaysia national oil company (NOC) Petronas has sent the invitation to bid (ITB) to the pre-qualified engineering companies for the Package 8 of the Refinery And Petrochemicals Integrated Development (RAPID) project despite the one year delay announced earlier. With an estimated […]

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Tullow nears development decision on Namibia Kudu Gas-To-Power

After years delay Tullow wants Kudu money back After years of uncertainty and delays, the London-based Tullow Oil plc (Tullow) and its partners, Itochu Corporation (Itochu) from Japan and the National Petroleum Corporation of Namibia (Namcor), are decided to move the Kudu Gas-To-Power project ahead in Namibia. Located 130 kilometers […]

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Statoil and SOCAR to increase cooperation in Azerbaijan

Statoil aims at major interests in giant Umid gas field  In January 2013, the Norwegian Foreign Minister Espen Barth Eide supported by Statoil International development and production chief Lars Christian Bacher paid a state visit to Azerbaijan President Ilham Aliyev to promote the Norway national oil company to increase the […]

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Japan confirms interest in Gazprom Vladivostock LNG project

Gazprom and Itochu completed feasibility study November 26th, 2012, Alexey Miller, Chairman of Gazprom hosted a meeting in Moscow with a Japanese delegation led by Japan Ambassador Chikahito Harada about the joint project of liquefied natural gas (LNG) plant in Vladivostok in the outmost Far East of the Russian Federation. […]

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Rapid Petronas Pengerang takes speed with Technology Alliances

Versalis joins Basf, Itochu and PTT to partner in Rapid Petroliam Nasional Berhad (Petronas) completed in September a joint venture with the Italian company Versalis, the chemical branch of Eni for the refinery and petrochemical integrated development (RAPID) project in Pengerang, Johor, Malaysia. With this partnership, Petronas and Versalis will design, […]

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Basf, Itochu and PTT line up with Petronas on RAPID

$20 billion Petronas RAPID project calls for partners The proposed Petronas Refinery & Petrochemical Integrated Development (RAPID) complex in Pengerang, Johor, Malaysia, is so far the largest liquid-based greenfield downstream undertaken in Malaysia. It will have a 300,000 barrels per day refinery to supply the petrochemical complex, to produce a host of […]

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