Middle East
HP Integration Strategies: Automation-related lessons learned from March 11 disasters in Japan
On July 22, four months after the unprecedented earthquake and tsunami struck the Pacific Coast side of eastern Japan, Japanese engineers from various process and other industries gathered in Tokyo to..
HP Construction: Middle East
Fluor Corp. has been awarded an engineering, procurement and construction (EPC) contract by SAPCo, a joint-venture company being formulated between Saudi Acrylic Acid Co. and Evonik Industries, for it..
Axens technology picked for Saudi Aramco refinery
Axens' technologies have been selected by Saudi Aramco for use in its Jazan refinery and terminal project, the company said on Friday. The refinery, scheduled to be commissioned in December 2016, will have a capacity of 400,000 bpd.
Strategic buyers lead chemical M&A revival - report
Mergers and acquisitions (M&A) activity in the global chemicals industry surged following the recession, driven by interest from strategic buyers in the specialty chemical sector, according to a report issued Wednesday from Fitch Ratings.
Alfa Laval to supply heat exchangers for refinery in Kazakhstan
Alfa Laval has won an order to supply its Packinox heat exchangers to a refinery in Kazakhstan, the firm said on Wednesday. The order value is approximately SEK 55 million and delivery is scheduled for 2012.
EIA sees $125/bbl oil in 2035 amid rising demand from China, India
Global oil prices are likely to remain high, but oil consumption should continue to grow, with both conventional and unconventional liquids used to meet rising demand, according to the International Energy Outlook (IEO2011) study released Monday by the US Energy Information Administration (EIA).
Sasol plans gas-to-liquids project in Uzbekistan
South African energy and chemicals group Sasol signed an investment agreement with the Uzbekistan government to develop a gas-to-liquids (GTL) project in Uzbekistan. The agreement was completed with project partners Uzbekneftegaz and PETRONAS, according to Sasol officials.
Foster Wheeler wins EPC deal for Sasol expansion in South Africa
Foster Wheeler has been awarded a contract by Sasol to provide engineering, procurement and construction management (EPCm) services for the Sasolburg utilities expansion project at Sasolburg, South Africa.
IEA cuts global oil demand outlook, citing economy
Market observers are puzzled over the ‘paradox’ of weakening economic growth and oil demand indicators on one hand and $110/bbl crude on the other, according to the International Energy Agency (IEA), which on Tuesday cut forecasts for oil demand growth in 2011 and 2012.
BP sells stakes in southern Africa fuels marketing
BP has completed the sale of its fuels marketing businesses in Namibia, Botswana, Zambia, Malawi and Tanzania to Puma Energy. The sale of the final business in Tanzania completed on September 1, the company said.
- Trafigura to use Babcock's ammonia fuel supply system onboard gas carriers 7/7
- Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility 7/3
- Bangkok Airways introduces SAF on commercial flights 7/3
- EcoCeres secures SAF contract with British Airways to help reduce carbon emissions 7/3
- Air Liquide to invest up to $200 MM in Louisiana, U.S. to support industrial growth 7/3
- MOL completes the acquisition of LBC Tank Terminals 7/3
