Europe
Shell sells $730m stake in Norway gas transport JV
Shell has agreed to sell its interests in natural gas transport infrastructure joint venture Gassled to Infragas Norge for about $730 million, based on current exchange rates. Gassled is Norway’s integrated gas transportation system and processing facilities, which transports most of the gas production on the Norwegian Continental Shelf (NCS) to consumers on the European continent and in the United Kingdom.
Tyco inks supply deal with Shell for butterfly valves
The flow control unit of Tyco International has been selected by Shell to provide butterfly valves for the company’s global operations. The five-year agreement covers more than 2,500 of Tyco's Vanessa, Winn, NeoTecha and Sapag brand highly engineered butterfly valves, for use in projects, maintenance repair operations and turnaround applications, the company said.
PGI Energy forms new European division to trade petroleum products in UK
PGI Energy has established a new European division, registered in London and Wales to trade petroleum products throughout the UK, the energy holding company said on Wednesday.
Foster Wheeler awarded design engineering work for Statoil processing plants in Norway
Foster Wheeler has been awarded a deal to provide detailed design engineering for Aibel, which has been appointed by Statoil as the main EPC contractor for the Kårstø development project (KDP) 2013 for the Kårstø and Kollsnes oil and gas processing plants in Norway.
ExxonMobil, Rosneft agree to $3.2bn Arctic oil deal
Rosneft and ExxonMobil said they have agreed to undertake joint exploration and development of hydrocarbon resources in Russia, the US and other countries throughout the world, while also beginning technology-sharing activities.
KBR wins UK government work in Iraq, Afghanistan
KBR has been selected by the UK’s Foreign and Commonwealth Office (FCO) to provide life support, vehicle maintenance and healthcare services across Baghdad, Basra and Erbil in Iraq, and Kabul and Lashkar Gah in Afghanistan.
KBR awarded engineering design deal for BP FPSO project in UK
KBR said it received a letter of award from Hyundai Heavy Industries Co. to perform engineering design and procurement support for the BP Quad 204 floating production storage and offload (FPSO) project to be located west of Shetland Isles in UK waters.
Foster Wheeler wins supply deals in Spain for solar steam generators
Foster Wheeler has been awarded contracts to supply solar steam generator systems to two separate solar projects in Spain. The company has received full notices to proceed on both contracts.
Petrochemical demand on decline amid soft global economy - report
Prices for petrochemicals, used as the raw materials for many intermediates, derivatives and downstream chemicals, declined in July, representing the first decrease in 10 months, according to a report issued Wednesday by Fitch Ratings.
KBR to conduct engineering study for BP North Sea platform work
KBR was awarded a contract by BP to execute pre-front-end engineering and design (pre-FEED) engineering studies for the Hod re-development (HRD) project, operating on behalf of BP and HESS NORGE AS.
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- Novatek partially resumed processing at Ust-Luga complex 8/29
- Phillips 66 to begin winding down Los Angeles-area refinery next week 8/29
- Update: Mexico's Minatitlan refinery back online, Olmeca still down 8/29
- SIBUR produces test batch of first hexane plant in Russia 8/28
