Ivanhoe Energy of Ecuador has signed a contract with state oil forms Petroecuador and Petroproduccion to explore and build the Pungarayacu heavy-oil field. The company plans to utilizing its heavy-to-light upgrading technology. For full story, click here
Continue reading "Ivanhoe Energy to develop Pungarayacu heavy-Oil field in Ecuador"
Friday, November 28, 2008
PetroVietnam Exploitation and Production Corporation , a subsidiary of the Vietnam National Oil and Gas Group, will establish a joint venture with a Venezuelan firm to exploit and refine heavy oil in Venezuela. For full story, click here
Continue reading "Vietnamese oil and gas co to exploit heavy oil in Venezuela"
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Thursday, December 25, 2008