BP Sign 2nd Shale Gas Deal with CNPC
BP today announced that it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC). The PSC, signed on 27th July, covers an area of approximately 1,000 square kilometres at Rong Chang Bei in the Sichuan Basin. In March 2016, BP and CNPC signed...
JGC wins Aramco shale gas contract
Japan’s JGC Corp has won a contract to build shale gas facilities in Saudi Arabia for oil company Saudi Aramco industry sources familiar with the matter said. The project will involve building processing facilities, wellheads and pipelines for gas in Turaif, where a big mining project called Waad Al-Shamal is under development. The sources could...