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Pertamina Awards 10 Billion Dollar Project to Japanese-Omani Consortium

Indonesia: Refinery Project

Pertamina Awards 10 Billion Dollar Project to Japanese-Omani Consortium

02/21/2018 - The Indonesian state oil and gas company Pertamina partners with Omani OOG and the Japanese company Cosmos Energy Holdings for the construction of the Bontang refinery. The value of this development project is estimated at $ 10 billion. read...

Total, Borealis and Nova Chemicals Form JV in Petrochemicals

USA: Petrochemicals

Total, Borealis and Nova Chemicals Form JV in Petrochemicals

02/21/2018 - Total, Borealis and Nova Chemicals announced that affiliates of the three companies have signed definitive agreements to form a joint venture in petrochemicals on the US Gulf Coast. read...

CB&I Awarded Technology and Material Supply Award for Ethylene Plant

Thailand: Brownfield Ethylene Plant

CB&I Awarded Technology and Material Supply Award for Ethylene Plant

02/20/2018 - CB&I has been awarded a contract by Samsung Engineering (Thailand) for a brownfield ethylene plant at PTT Global Chemical's (PTTGC) petrochemicals complex in Map Ta Phut, Rayong, Thailand. read...

Consortium Invests in Ocean-Going Vessels Fueled By Methanol

Methanol-Fueled Vessels

Consortium Invests in Ocean-Going Vessels Fueled By Methanol

02/19/2018 - A consortium consisting of Waterfront Shipping Company (WFS), Marinvest/Skagerack Invest, IINO Kaiun Kaisha, Mitsui, and the NYK Group announced their investment in four new ocean-going vessels powered by clean-burning methanol fuel. read...

Saipem Awarded 750 Million Dollar Onshore E&C Contract

Oman: Duqm Refinery Project

Saipem Awarded 750 Million Dollar Onshore E&C Contract

02/19/2018 - Saipem has been awarded a new contract in the onshore E&C sector worth approximately $ 750 million. The scope of work involves engineering, procurement, construction and commissioning under Package 3 Offsite Facilities in the framework of the development of the Duqm Refinery located near the coast in the north east of Oman. read...

Articles

4,000 BCM by 2022: IEA Sees Global Gas Demand on the Rise

Global: Gas

4,000 BCM by 2022: IEA Sees Global Gas Demand on the Rise

08/30/2017 - Global gas demand is expected to grow by 1.6% a year for the next five years, with consumption reaching almost 4,000 billion cubic meters (bcm) by 2022, up from 3,630 bcm in 2016. read...

NEWS

Sibur and Gazprom Sign Ethane Supply Agreement

Russia: Gas Supply

Sibur and Gazprom Sign Ethane Supply Agreement

Sibur and Gazprom entered into a preliminary agreement for the supply of ethane from Gazprom’s Amur Gas Processing Plant (GPP) to Sibur's Amur Gas Chemical Complex (GCC). read...

Chevron Lummus to Conduct Master Plan Study for Mol Group

Hungary: Petrochemical Value Chain

Chevron Lummus to Conduct Master Plan Study for Mol Group

Chevron Lummus Global (CLG), a joint venture between Chevron and CB&I, has been selected for a Master Plan Study by Mol Group headquartered in Budapest, Hungary. read...

CB&I Combine Businesses with McDermott and Receives Contract by IGP Methanol

USA: Methanol Complex

CB&I Combine Businesses with McDermott and Receives Contract by IGP Methanol

CB&I and McDermott International announced that they have entered into a business transaction agreement valued $ 6 billion, under which the two companies will combine in an all-stock transaction. The combination will create a fully vertically integrated onshore-offshore company with a broad engineering, procurement, construction and installation service offering and technology portfolio. CB&I also announced that it has been awarded a contract by IGP Methanol LLC. read...

Saudi Aramco Signs Contracts worth 4.5 Billion Dollars

Mega Oil and Gas Projects

Saudi Aramco Signs Contracts worth 4.5 Billion Dollars

Saudi Aramco has recently signed agreements with several oil and gas service contractors for its mega oil and gas projects that will be designed to enhance the company’s energy sustainability, expand gas production, localize domestic content and also diversify the economy. The agreements are valued at nearly 4.5 billion dollars in total. read...

China Energy to Invest 83 Billion Dollars in Shale Gas and Chemical Manufacturing Projects

West Virginia: Agreement

China Energy to Invest 83 Billion Dollars in Shale Gas and Chemical Manufacturing Projects

A MOU between China Energy and the state of West Virginia was signed in the presence of US President Donald Trump and Chinese President Xi Jinping. read...

Praxair Signs Long-Term Contract with BASF for New Plant

Business Deal

Praxair Signs Long-Term Contract with BASF for New Plant

On completion, the new plant is expected to produce high-purity carbon monoxide and hydrogen from a stream of crude synthesis gas. read...

Chevron Phillips Chemical Announces Start-Up of World-Scale PE Units

USA: Polyethylene Production

Chevron Phillips Chemical Announces Start-Up of World-Scale PE Units

Chevron Phillips Chemical celebrated the start-up of its world-scale polyethylene (PE) units in Old Ocean, Texas that will produce up to 1,000,000 metric tons annually to meet the growing demand for polyethylene from our customers around the globe. read...

Caloric Builds Pilot and Demonstration Plant for Biomethanation Process

Switzerland: Methane Production

Caloric Builds Pilot and Demonstration Plant for Biomethanation Process

Caloric has won the international tender for engineering and construction of a biomethanation pilot & demonstration plant in Solothurn, Switzerland. For the methanation of carbon dioxide and hydrogen, microorganisms are used as biocatalyst. read...

CB&I Awarded Engineering, Procurement and Supply Contract by Lukoil

Russia: Deep Conversion

CB&I Awarded Engineering, Procurement and Supply Contract by Lukoil

CB&I has been awarded a contract by Lukoil for the detailed engineering, procurement and supply of process equipment, including two proprietary delayed coking heaters for the Deep Conversion Complex in Kstovo City, central Russia. read...

KBR Awarded Contract by Al Hosn Joint Venture

United Arab Emirates: Gas Processing

KBR Awarded Contract by Al Hosn Joint Venture

KBR it has been awarded a contract to provide Engineering Support Services for Operations for Abu Dhabi Gas Development Company (Al Hosn Gas), a 60/40 joint venture of Abu Dhabi National Oil Company (Adnoc) and Occidental of Abu Dhabi (Oxy). read...

Puma Energy Acquires Majority Interest in Pakistan's Admore Gas

Pakistan: Downstream Oil Sector

Puma Energy Acquires Majority Interest in Pakistan's Admore Gas

Puma Energy has signed an agreement with the Chishti Group to acquire 51 % interest in Admore Gas. The acquisition will bring the company’s branded retail sites, lubricants, convenience stores and quality fuel product range to the Pakistan market. read...

CB&I Wins Ethylene Technology Award in India

India: Ethylene Project

CB&I Wins Ethylene Technology Award in India

CB&I has been selected by HPCL Mittal Energy (HMEL) for the license and basic engineering of a 1,200 kta mixed feeds ethylene plant for the Guru Gobind Singh refinery in Bathinda, India. read...

Technip FMC Awarded Subsea Contract by Muryphy Sabah Oil

Malaysia: Offshore Exploitation

Technip FMC Awarded Subsea Contract by Muryphy Sabah Oil

Technip FMC has been awarded a subsea contract by Murphy Sabah Oil for an offshore field in Malaysia. read...