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Jacobs Wins General Engineering Services Contract by Satorp

Saudi Arabia: Renewal of Agreement

Jacobs Wins General Engineering Services Contract by Satorp

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...

Conoco Signs 2 Billion Dollar Settlement Contract with Venezuelan State-Owned Oil Firm

Venezuela: Business Trade-off

Conoco Signs 2 Billion Dollar Settlement Contract with Venezuelan State-Owned Oil Firm

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...

Petrofac Awarded EPC Contract by Basra Oil Company

Iraq: Oil Processing

Petrofac Awarded EPC Contract by Basra Oil Company

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...

Pöyry to Provide Engineering Services for New ATMP-Plant

Germany: Pulp Production

Pöyry to Provide Engineering Services for New ATMP-Plant

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...

Evonik and Wynca Form JV for Production of Fumed Silica

China: Fumed Silica Production

Evonik and Wynca Form JV for Production of Fumed Silica

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...

Monsanto Takeover May Become a Risky Endeavour for Bayer

Cancer Verdict

Monsanto Takeover May Become a Risky Endeavour for Bayer

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...

BASF Petronas Aims to Expand Production Capacity of Acrylic Acid and Butyl Acrylate Plants

Malaysia: Chemicals

BASF Petronas Aims to Expand Production Capacity of Acrylic Acid and Butyl Acrylate Plants

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...

Sunpine’s Biorefinery Expansion Project Bagged by Pöyry

Sweden: EPCM Services

Sunpine’s Biorefinery Expansion Project Bagged by Pöyry

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...

Petrofac Wins Multi-Million Dollar Additional Scope of Work by Tatweer Petroleum

Bahrain: EPC Contract

Petrofac Wins Multi-Million Dollar Additional Scope of Work by Tatweer Petroleum

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...

Ceco Sees Growing Market for Ammonia Injection Grids

USA: NOx Reduction

Ceco Sees Growing Market for Ammonia Injection Grids

08/16/2018 - Ceco, a provider of air quality and fluid handling technology, announced that the their engineered energy equipment Peerless brand has recently completed a number of SCR system retrofit upgrades as well as new SCR Exhaust Systems utilizing its patented Edge AIG technology. read...

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