Tag: oil and gas
Sinopec to invest in W. China
China Petrochemical Corp. (Sinopec), plans to invest CNY 13 billion (USD 1 = CNY 8.28) in the next five years in oil and gas exploration and production in western China's Tarim and Junggar basins.
Kvaerner to sell activities to Yukos Oil
Kvaerner PLC has reached an agreement in principle to sell Kvaerner Oil & Gas's London-based Hydrocarbons business and Kvaerner Process Technology to Yukos Oil Company of Russia.
ExxonMobil begins work on West Africa field
Exxon Mobil Corporation has announced that its subsidiary, Esso Exploration Angola (Block 15) Ltd (Esso), has started construction of the largest deepwater development offshore West Africa.
Uzbek hydrocarbon development
Uzbekneftegaz, the Uzbek national oil and gas holding company, has signed a joint development contract with the Lukoil and Itera companies for developing oil and gas fields in Uzbekistan.
Statoil develops Mikkel gas field
Norway's state-controlled oil and gas firm Statoil says it had submitted a plan for development and operation (PDO) for the Norwegian Sea gas and condensate Mikkel field.
Record-breaking Caspian Oil and Gas 2001
Records were broken at this year’s Caspian Oil and Gas exhibition and conference: 15,000 visitors attended the show, 10,000 of whom were trade – the highest number in the eight-year history of the show.