International

Petrobras set a new record in the delivery of natural gas to the market in 2011, reaching an annual flow of 37 Mcm/d. The company also recorded new monthly and daily records: the flow offered in December 2011 reached 42.4 million m³/d, and 46.1 million m³ on Dec. 23.

ExxonMobil is no longer the world's biggest publicly traded producer of oil. For the first time, that distinction belongs to PetroChina, a company created by Beijing in 1999 to secure more oil for China’s booming economy.

A new oil pipeline with potential capacity of up to 400,000 bpd linking Colombia's Llanos basin to the Pacific coast could be operational by the end of 2016, according to Rigzone.

A subsidiary of McDermott International, Inc. won an engineering, procurement, construction and installation (EPCI) project for Al-Khafji Joint Operations (KJO), in the Hout field, in Saudi Arabia in 31 meters of water.

Foster Wheeler AG’s India subsidiary, Foster Wheeler India Private Limited, part of its Global Engineering and Construction Group, has been awarded a contract for an LNG-receiving terminal to be built in Ennore, in the state of Tamil Nadu, India.

CRC-Evans Pipeline International, Inc. has finalized a distributor agreement with Laurini Officine Meccaniche (Laurini), of Busseto, Italy.

French oil group Total SA is paying $2.3 billion to help develop U.S. shale gas reserves in Ohio through a deal with Chesapeake Energy Corp. Total will take a 25%t stake in a joint venture covering the Utica Shale area of eastern Ohio.

China Petrochemical Corp. (Sinopec) has made a multibillion-dollar deal with Devon Energy Corp. for a one-third stake in five U.S. shale oil and gas fields.

A Malaysian company representing Germany's Europipe GmbH is working on a deal to build a much-needed gas pipeline from a massive oil and gas field off the waters of Timor Leste to its mainland.

CRC-Evans Pipeline International, Inc. announced a new strategic agreement between its offshore division and Technip Norway.

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