Project Management
HP Construction: North America
The Dow Chemical Co. plans to increase ethane-cracking capabilities on the US Gulf Coast over the next two to three years, and improve these capabilities by 20%–30% in this timeframe. In addition..
HP Construction: South America
Foster Wheeler AG’s Global Engineering and Construction Group has been awarded a basic engineering design and front-end engineering design (FEED) contract for two grassroots refineries in Brazil ..
HP Construction: Europe
Technip has been awarded an engineering, procurement services and construction-management contract by Total to increase hydrocracker capacity at the Normandy refinery located in Gonfreville, France. T..
HP Construction: Africa
Technip has been awarded a contract by Sonatrach, the Algerian national oil company, for refurbishment and revamping of the Algiers refinery. This lump-sum turnkey contract, worth approximately $908 m..
HP Construction: Middle East
Petroleum Development Oman (PDO) has awarded a seven-year engineering and maintenance services contract (EMC) to Wood Group–CCC, a joint venture set up to provide operations and maintenance servi..
HP Construction: Asia-Pacific
CB&I has announced that Lummus Technology has been awarded a contract by Liaoning Tongyi Petrochemical Co., Ltd., for the license and engineering design of grassroots olefins-conversion technology (OC..
Enerkem gets loan guarantee for Mississippi waste-to-fuel biorefinery
Enerkem Corp. has obtained a conditional commitment for an $80 million loan guarantee by the US Department of Agriculture (USDA), for the construction of its waste-to-biofuels project in Pontotoc, Mississippi, which will transform Northeast Mississippi’s municipal solid waste into ethanol.
ONEOK Partners invests in additional natural gas processing plant in North Dakota
ONEOK Partners plans to invest another $260 million to $305 million between now and the end of 2014 for additional projects in the Bakken Shale in the Williston Basin of North Dakota.
Deloitte expands energy analytics capabilities
Deloitte has acquired all of the assets of Altos Management Partners, Inc., a consultancy to energy companies that was founded in 1995, as well as those of MarketPoint, Inc., an Altos sister company best known for MarketBuilder, an analytic suite for energy market modeling and price forecasting.
Marathon splitting in two
The Board of Directors of Marathon Oil Corp. has approved moving forward with plans to spin off Marathon's downstream business, creating two independent energy companies.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests 2/12
- Russia to send crude oil and fuel to Cuba soon, Izvestia reports 2/12
- Vietnam's largest refinery to operate at 120%–125% of designed capacity in Q1 2/12
