Middle East
KBR inks engineering contract with Saudi Aramco
KBR today announced that its newly-established Middle East-based engineering company has been awarded an engineering and project management services contract from the Saudi Arabian Oil Company (Saudi Aramco) as part of its general engineering services plus (GES+) initiative.
IPIC proceeds with plan for $3bn UAE refinery, gives engineering deal to Shaw
International Petroleum Investment Co. (IPIC) announced that it is proceeding with the implementation of a 200,000 bbl/day refinery at Fujairah, at an estimated cost of $3 billion.
French, Saudi companies form JV to offer natural gas treatment services
Shoaibi Group have signed a joint‐venture agreement with natural gas technology and equipment supplier Prosernat of France to form Prosernat Saudi Arabia Ltd. (PNSA).
Merichem installing H2S treatment system at new grassroots DRI facility
Merichem has entered into a licensing and equipment-supply agreement with a supplier of direct reduced iron (DRI) facilities to install a LO-CAT hydrogen sulfide treatment system at a new grassroots facility in the Middle East.
Invensys and ACM partner up
Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the manufacturing and infrastructure operations industries, today announced that it will be the exclusive provider of a unique process safety decision-support solution from ACM Facility Safety, a division of ACM Automation.
Excelerate Energy performs 100th ship-to-ship transfer of LNG
Excelerate Energy successfully completed its 100th ship-to-ship (STS) transfer of LNG. On March 29, 2011, Excelerate Energy’s regasification vessel Exquisite received a transfer of 126,881 cubic meters of LNG.
Honeywell extends global simulation contract with Shell
Honeywell has announced a contract extension to provide its UniSim Design process simulation software to Shell through 2015. The simulation platform will be used by Shell sites to design and test plant processes, saving the company both time and money.
Solvay and Rhodia are joining together
Solvay and Rhodia have a framework agreement allowing Solvay to launch a friendly cash offer for 100% of the share capital of Rhodia. The cash offer at €31.60 per share values the equity of Rhodia at €3.4 billion and the enterprise value at €6.6 billion, representing a REBITDA multiple of 7.3x
Shaw and Axens will license “next gen” FCC technology
The Shaw Group and Axens have been selected to license a next-generation catalytic cracking technology that will help refiners maximize the production of propylene and other high-value refinery products
Optimize cracked-gas compressors with smart-automation technology
Machine health monitors can provide critical information to avoid unit and plant-wide shutdowns
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- India's Reliance wins U.S. license for Venezuelan oil 2/13
- Singapore light distillates stocks hit over 3-yr high on robust imports 2/13
- Three contractors injured at ExxonMobil facility in Beaumont, Texas (U.S.) 2/13
- China's epic renewables boom lifts it into rare clean capacity club 2/13
- TotalEnergies booked loss in France due to refining activities, CEO says 2/13
