Posts Tagged ‘Mitsubishi Corp’

Technip wins PDVSA Puerto La Cruz Refinery hydrogen reformers

PDVSA to increase heavy crude oil refining capacity The consortium made of Hyundai Engineering & Construction Corporation Ltd (Hyundai) from South Korea and Wison Engineering Corporation Ltd (Wison) from China selected Technip from France to supply two hydrogen reformers for the Venezuela national oil company (NOC) Petroleos de Venezuela SA (PDVSA) […]

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Browse Floating LNG project takes shape offshore Australia

Woodside and Shell closed deal on FLNG technology On April 30th 2012, Woodside Petroleum (Woodside) and Shell, its partner in the Browse project of liquefied natural gas (LNG), signed an agreement on the technology for the floating LNG (FLNG) vessels that might be used to develop Browse. In addition to Woodside and […]

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PetroChina to replace BHP Billiton in Browse LNG project

CNPC to pay BHP $1.6 billion for 10% of Browse LNG The super giant China National Petroleum Corporation (CNPC or PetroChina) is to acquire the 10% stakes held by BHP Billiton in the $40 billion capital expenditure Browse LNG project. In practice the transaction is based on PetroChina to pay $1.6 […]

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$17 billion Shell & Mitsubishi gas flare recovery in Iraq

Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture,  Basra […]

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Petronas $20 billion RAPID project in Malaysia

  Petronas Chemical Group (PCG) is planning to build a US$20 billion RAPID (Refinery and Petrochemicals Integrated Development) plant in Pengerang, Johor, Malaysia, which borders Singapore, — the largest oil trading hub in Asia. The project is key for grabbing a larger share in the $395 billion global market for specialty chemicals — high […]

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