Tag: oil & gas

Australia and East Timor will sign an agreement Thursday on a ASD 50 billion project to develop oil and gas reserves in the Timor Sea.

Sterling SPP have received two orders in excess of GBP 1.8 million for Phase 2 of the Azeri Project, as part of the full field development of the Azeri-Chirag-deepwater Gunashli oilfield in the Azerbaijan sect of the Caspian Sea.

BP and the Alfa Group and Access-Renova (AAR) have agreed to combine their interests in Russia to create the country's third biggest oil and gas business, in which they will each have a 50% stake.

Stainless Steel Fasteners, a world leader in bespoke fastener solutions, has reported that its attendance at the Valve World Exhibition was an overwhelming success, with the expectation of two large orders from Spain and Russia.

Iran and EU have signed two memorandums of understanding (MOUs) on energy affairs.

CNOOC Ltd has appointed Mr Zhou, Shouwei, former Executive Vice President of the Company, as the President of CNOOC Ltd, effective immediately.

Baoshan Iron & Steel Group Co. Ltd. (Baosteel, Shanghai, China), has placed an order for the construction of a 5-meter heavy-plate mill with an international consortium under the leadership of SMS Demag AG.

The 2001 edition of RICH•MAC, International Exhibition of Chemistry and International Show of Chemical Equipment and Equipment for Analyses, Research, Controls and Biotechnologies, held at Fiera Milano, attracted researchers, engineers, chemists, clinical biochemists, laboratory technicians, biologists, physicians as well as commercial operators and managers for five intense days.

Halliburton Subsea, Dallas, a business unit of Halliburton's energy services group, and Norwegian-based DSND Subsea ASA have signed a letter of intent to combine their subsea interests in upstream oil and gas.

The Norwegian companies SAAS System and Aker Technology have received an order for the delivery of a system to prevent pollution from gas flaring on an oilfield in Abu Dhabi.