joint venture

  • LUKOIL, Gazprom Discuss JV Establishment

    LUKOIL, Gazprom Discuss JV Establishment

    Sunday, 24th January 2021

    The President of LUKOIL, Vagit Alekperov and Chairman of the Management Committee of Gazprom, Alexey Miller, have discussed the progress in establishing a joint venture to implement the project of developing Vaneyvisskoye and Layavozhskoye fields.

  • Aramco, Baker Hughes New JV to Develop Non-Metallic Products

    Aramco, Baker Hughes New JV to Develop Non-Metallic Products

    Wednesday, 9th December 2020

    Saudi Aramco and Baker Hughes have formed a Novel 50/50 joint venture (JV) to develop a broad range of non-metallic products for multiple applications in the energy sector.

  • Cairo Gas Works on New Project in New Administrative Capital

    Cairo Gas Works on New Project in New Administrative Capital

    Wednesday, 4th November 2020

    Cairo Gas Company announced its contribution to the implementation process of the needed infrastructure to extend irrigation water pipelines for the Green River area in the New Administrative Capital.

  • Shell Acquires Full Control of Chinese JV

    Shell Acquires Full Control of Chinese JV

    Monday, 2nd November 2020

    Royal Dutch Shell has acquired full control of a joint venture (JV) in China pertaining to gas stations in an effort to double down on the Chinese fuel retailing market.

  • Bahrain to Receive Oil, Gas Services Following JV

    Bahrain to Receive Oil, Gas Services Following JV

    Thursday, 22nd October 2020

    The Arab Shipbuilding and Repair Yard (ASRY) has signed a joint venture (JV) agreement with Woodlands Holdings to provide services (WoodServ) related to the oil and gas industry in Bahrain.

  • Schlumberger Enters Digital Transformation Collaboration

    Schlumberger Enters Digital Transformation Collaboration

    Wednesday, 9th September 2020

    Schlumberger, one of the world’s largest oilfield services companies, has announced its collaboration with IBM and Red Hat to accelerate digital transformation across the oil and gas industry.

  • Ofinitiv Cancels JV with PetroChina

    Ofinitiv Cancels JV with PetroChina

    Wednesday, 2nd September 2020

    One of the largest independent producers of crude oil and condensate in North America, Ovintiv Canada ULC, has finalized an agreement with PetroChina Canada (PCC) to terminate the parties' joint venture (JV) and transfer the ownership and operation of certain Duvernay shale assets in west-central Alberta.

  • Total, Indian Oil Form JV to Manufacture Bitumen 

    Total, Indian Oil Form JV to Manufacture Bitumen 

    Wednesday, 29th July 2020

    French energy company, Total, and India’s largest refiner and marketer of petroleum products, Indian Oil Corporation, has announced the formation of a 50:50 Joint Venture (JV) company that will manufacture and market high-quality bitumen derivatives, aimed at targetting India’s growing road demand.

  • Zenith Energy Applies for Second Oil Production Asset in Congo

    Zenith Energy Applies for Second Oil Production Asset in Congo

    Wednesday, 8th July 2020

    Zenith Energy has entered into a joint venture with a local Congolese oil company for the potential acquisition of an onshore oil production license in Talipai.

  • SABIC, ExxonMobil to Construct Petrochemical Plant in Texas

    SABIC, ExxonMobil to Construct Petrochemical Plant in Texas

    Monday, 17th June 2019

    SABIC and ExxonMobil will jointly construct a petrochemical facility, including a 1.8 million metric ton ethane steam cracker in Texas.