Posts Tagged ‘Petrochina’

BP and Petrochina prepare multiple scenarios on Iraq giant Rumaila

BP and CNPC ramped up oil production 10% per year  In June 2009, the international oil company BP and the China National Petroleum Company (CNPC or PetroChina) were awarded the technical services contract (TSC) for the giant Rumaila oil field in the south of Iraq, closed to the Kuwait border. BP […]

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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, […]

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Sinopec in brief

To be a world-leading Energy and Chemical Company China Petrochemical Corporation (Sinopec Group) was established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group is a state wholly owned company with Headquartered in Beijing, China and a registered capital of RMB 182 billion ($30 billion). As […]

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Petrochina in Brief

Energize – Harmonize – Realize The national oil company PetroChina Company Limited (PetroChina) was established on November 1995, by the Chinese Government from the major restructuring of the oil and gas sector in China and of its national company at that time, China National Petroleum Corporation (CNPC). In this operation the […]

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PetroChina, CNOOC and Missan Oil prepare tender for Iraq export pipeline

CNPC to connect Halfaya field to Al-Fao export terminal The joint venture between the national oil companies China National Petroleum Corporation (CNPC), also called PetroChina, together with its partners China National Offshore Oil Corporation (CNOOC) and the local Missan Oil Company (MOC) are preparing the call for tender of the […]

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E&P capital expenditures to exceed $700 billion in 2013

IFP Energies Nouvelles sees CAPEX to grow by 13% Based in Paris, France, the Institut Français du Pétrole et de Energies Nouvelles (IFP Energies Nouvelles) published on October 8th its last survey about the capital expenditure in the exploration and production and in refining. Published every year this survey gives […]

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Total in the race to Kurdistan with ExxonMobil and Chevron

Total to acquire ShaMaran Taza oil field in Kurdistan The Canadian ShaMaran Petroleum Corp (ShaMaran) announced this week to have sold its interests to the French major Total  in the Taza oil field in Kurdistan. Last month Total had signed with the US Marathon Oil Company (Marathon) a Farm-in Agreement to acquire 35% of the working interests in […]

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CNOOC decides Taizhou Integrated Petrochemical Complex

$1.6 billion to build Taizhou Refinery and Aromatics China National Offshore Oil Corporation (CNOOC),  China’s third National Oil Company (NOC), has decided to build a new integrated refinery and petrochemical complex in Taizhou, Jiangsu province, in east China. The new refinery would process heavy crude oil pumped from China’s Bohai […]

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Shell, CNOOC and CNPC to share production and technology

Shell, CNOOC and CNPC sign China and Gabon deals July 2012, Shell, China National Offshore Oil Corp (CNOOC) and China National Petroleum Corp (PetroChina or CNPC) announced to have signed several contracts for oil and gas production sharing and co-operation in China and in Gabon. In these agreements:  – Shell and CNOOC signed two offshore oil and gas Production […]

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Abu Dhabi welcome new comers for concessions renewal

New players to bid against BP, ExxonMobil, Shell and Total With the onshore concessions expiring in 2014 and the offshore ones coming up in 2018, Abu Dhabi, in the UAE,  is to rewrite the terms of its producing fields and offer up fresh prospects. The first oil concessions covering all […]

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