08/21/2018 - Due to the recently imposed sanctions by the US, French oil giant Total has officially quit a major gas project in Iran. read...
08/21/2018 - The contract has been awarded by Satorp for its subsidiary which is located in the Jubail Industrial City 2 on the Arabian Gulf coast. The engineering services are expected to be led by a dedicated team from Jacobs Zate. read...
08/21/2018 - Under the International Chamber of Commerce judgement, Pdvsa has agreed to make initial payments of 500 million dollars within 90 days. The pending amount is expected to be paid on a quarterly basis in the next 4.5 years. read...
08/20/2018 - Petrofac has been awarded a contract worth around $ 370 million by Basra Oil Company (BOC) for expansion of the Central Processing Facility (CPF), located in the Majnoon Field, Southern Iraq. read...
08/20/2018 - Kabel Premium Pulp & Paper (KPPP) has awarded Pöyry with the detailed engineering services assignment for a new ATMP (Advanced Thermo Mechanical Pulp) plant at Hagen, Germany. read...
08/20/2018 - Evonik Industries and the Chinese company Wynca have agreed to form a joint venture. The new company, in which Evonik will hold 60 %, will produce fumed silica. The product is used in transparent silicones, coatings and paints, modern adhesives as well as non-combustible high-performance insulation materials. read...
08/17/2018 - With the verdict on August 10, Bayer might have to pay a heavy price for the takeover of Monsanto — not only because of the $ 289 million in damages Monsanto was ordered to pay to a former groundskeeper because of his terminal cancer. read...
08/17/2018 - The firm has undertaken this move in order to support the growing demand for acrylic monomers in Asia Pacific. The expansion plan is expected to be complete by 2021. read...
08/17/2018 - Pöyry has been awarded the EPCM contract as the firm was already involved in the study phase of the project. The development plan is scheduled to be complete by 2020. read...
08/17/2018 - Under the agreement, Petrofac will carry out engineering, procurement and construction services for additional gas wells and connect them to Tatweer Petroleum’s Gas Dehydration Facility. read...
