Tag: oil and gas

India: ONGC diversifies

India's ONGC is in talks with LNG suppliers in Oman, Qatar and Malaysia like to firm up its plans for setting up an LNG terminal in Mangalore.

BHP set to win oil/gas deal

The Philippines is likely to grant an oil and gas exploration and development contract to a consortium led by a unit of BHP Billiton.

Egypt: LUKoil moving in

LUKoil will boost spending on Egyptian oil and gas projects to compete for market share in Africa with BP and Royal Dutch/Shell.

Libya: Shell signs agreement

Shell Libya Petroleum Development BV has signed a heads of agreement with Libyan National Oil Corp. establishing a long-term strategic partnership that could lead to the development of integrated upstream projects to enhance Libya's oil and gas production and its LNG export capacity.

Shell to invest in offshore Nigeria

Shell Development Company (SPDC) and its partners have disclosed plans to invest USD 6.5 billion to boost production of Nigeria's offshore oil and gas over the next five years as part of efforts to increase capacity.

Subsea multiphase pumping

Flowserve and Subsea 7 have been awarded a contract by Total SA to perform a qualification programme.

Tenaris expands in Ecuador

Tenaris has opened a new service centre in Francisco de Orellana, Ecuador, which will complement its existing centre in the Esmeralda Free Trade Zone.

Petrobras sets up natural gas joint venture

Petrobras has announced the signing of a deal with local industrial group White Martins to form a natural gas company.

Croatia to upgrade Rijeka refinery automations

Croatia's national oil and gas company Industrija Nafte Zagreb (INA) plans to modernise its Rijeka refinery to increase production and improve safety and environmental performance.

Caspian joint venture

Kazakh state marine company KazMorTransFlot and the UK's contractor Stolt Offshore SA intend to create a joint venture to build oil and gas facilities on the Caspian Sea