Showing posts with label Petronas. Show all posts
Showing posts with label Petronas. Show all posts

Tuesday, August 19, 2014

Sinopec gets Malaysian Oil Refinery Project

Sinopec gets Malaysian Oil Refinery Project

China's Sinopec Engineering Group was awarded a Malaysian oil refinery contract worth US$1.33 billion.

Malaysia's oil conglomerate Petronas announced on 12 August 2014 that they have award a contract to Sinopec Engineering to construct an oil refinery in the Pengerang region of the Malaysian state of Johor.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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Thursday, April 18, 2013

CNPC bids for Marathon's Angola oil fields


CNPC bids for Marathon's Angola oil fields

David Nealis  President Ceres Ltd
China's largest oil and gas producer, China National Petroleum Corp (CNPC), is among the list of bidders for Marathon Oil Corp's stake in two offshore oil and gas fields in Angola, Africa. CNPC as well as Malaysia's Petronas are reportedly bidding for Marathon Oil Corp’s Block 31 and 32 offshore fields in Angola, Marathon Oil Corp is a Houston, Texas based company, they have recently put the oil fields up for sale. Sources close to the deal have said the American oil company is focusing on the home market and scaling back global ambition, partly due to the boom in American oil production. Both CNPC and Petronas have not issued any official statements regarding their bids.