Posts Tagged ‘new regulation’

Total and CNOOC to select Samsung for Egina FPSO

Samsung benefits from Nigeria local content regulation The french major Total and its partners, China National Offshore Oil Corporation (CNOOC) and Nigeria National Petroleum Company (NNPC), are in the process to approve Samsung Heavy Industries (Samsung) offer for Egina new-build floating production storage and offloading (FPSO) vessel. Egina project is […]

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Argentina to boost Exploration & Production with new oil export tax

YPF and Bridas signed $1.5 billion deal in Vaca Muerta As a result of the new oil export tax system, the national oil company YPF and Bridas Corporation (Bridas) signed a Farm-in agreement to explore and develop 663 square kilometers of oil shale fields in the Loma la Lata and […]

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Ghana to vote on local content regulation before year end

Eni discoveries trigger debate on upstream localization In September 2012, the Italian national oil company Eni and its partners, Vitol from The Netherlands and the Ghana National Petroleum Company (GNPC), made the first oil discovery in the Offshore Cape Three Point (OCPT) block in the Tano Basin about 50 kilometers […]

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