Exploration & Development

The U.S. Trade and Development Agency and India’s largest commercial organisation IndianOil will jointly work to explore cleaner fuels.                     The U.S. Trade and Development Agency awarded a grant IndianOil to analyse options for optimizing its refining operations to produce cleaner fuels, which will help the company improve efficiencies and reduce…
SABIC and an affiliate of Exxon Mobil Corporation are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast.                                                    …
L&T Hydrocarbon Engineering , fully owned subsidiary of Larsen & Toubro, in consortium with EMAS CHIYODA Subsea 1,a 50:50 joint venture company owned by Ezra Holdings Limited and Chiyoda Corporation, has announced the conclusion of a large EPCI contract from Saudi Arabian oil giant and the biggest oil company in…
MOTOR OIL SA announces that the company MV Upstream Tanzania Limited reached an agreement in principle with the company Otto Energy for the acquisition of 25% of  exploration rights and extraction of hydrocarbons in the concession .   The MV Upstream Tanzania Limited (hereafter MV Upstream - based in Cyprus)…
Saudi Aramco and Saudi Arabian Basic Industries Corporation (SABIC) have signed heads of agreement to conduct a feasibility study on the development of a fully integrated crude oil-to-chemicals complex to be located in Saudi Arabia.   The heads of agreement contains key principles of cooperation that will form the basis…
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