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2014-05-22 18:15:00

SINOPEC & WEATHERFORD: AIMS TO MARRY

SINOPEC & WEATHERFORD: AIMS TO MARRY

China's Sinopec Group said on Wednesday it has agreed with U.S.-listed Weatherford International to form a joint venture oilfield service company.

The joint entity aims to marry Weatherford's technological and management know-how with the Chinese oil major's ability to expand its upstream business, including in the country's potentially vast shale gas fields, industry officials have said.

reuters.com

Tags: SINOPEC, WEATHERFORD, OIL

Chronicle:

SINOPEC WEATHERFORD: AIMS TO MARRY
2018, October, 17, 10:05:00

U.S. IN EUROPE

REUTERS - The United States must not determine European energy policy or decide whether Germany buys Russian gas, a top German diplomat said on Tuesday.

SINOPEC WEATHERFORD: AIMS TO MARRY
2018, October, 17, 10:00:00

TOTAL IN RUSSIA: THE LARGEST

FT - “Total has great ambition in this country, we want to be the largest foreign oil and gas player here,” the company’s chief executive Patrick Pouyanné said on Monday at the launch of a factory outside Moscow. 

SINOPEC WEATHERFORD: AIMS TO MARRY
2018, October, 17, 09:55:00

PETROBRAS - CNPC COOPERATION

PLATTS - Petrobras is to form two joint venture companies with China National Petroleum Corp. (CNPC) to complete construction of a refinery and revitalize four mature fields in the offshore Campos Basin, the state-owned Brazilian company said

SINOPEC WEATHERFORD: AIMS TO MARRY
2018, October, 17, 09:50:00

NORWAY'S DEFENCE

BLOOMBERG - The wealth fund’s initial case had focused on limiting Norway’s exposure to a drop in oil prices, given its status as western Europe’s biggest petroleum producer. When the proposal was first made last year, it rocked markets, and drew responses from a number of major investors.

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