Engineering & Design
Jacobs to acquire CH2M to create $15 B global solutions provider
DALLAS & DENVER — Jacobs Engineering Group Inc. and CH2M HILL Companies Ltd. announced that they have entered into a definitive agreement under which Jacobs will acquire all of the outstanding shares of CH2M in a cash and stock transaction with an enterprise value (EV) of approximately $3.27 B, including approximately $416 MM of CH2M net debt.
INEOS Phenol to invest in world-scale cumene unit in Germany
The construction of a new cumene plant will support customer demand improve the security of raw material supply to INEOS phenol and acetone plants located in Gladbeck and Antwerp.
Jacobs signs global enterprise framework agreement with Shell
DALLAS — Jacobs Engineering Group Inc. has signed a global Enterprise Framework Agreement (EFA) renewal with Shell Oil Company to provide concept, front-end engineering, detailed design, procurement, project management, construction management and construction services for Shell projects globally.
African government asking Dangote to complete refinery before 2019
LAGOS, Nigeria — The federal government in Africa has said it relies heavily on the Dangote refinery to fulfill its promise to Nigerians to end fuel importation by December 2019.
SNC-Lavalin transitions into EPC phase of ammonia plant contract with Salalah
MONTREAL — SNC-Lavalin announced that it has received a notice to proceed from Salalah Methanol Company LLC (SMC) with the Engineering, Procurement and Construction (EPC) phase of its anhydrous liquid ammonia plant project, located in the city of Salalah, Sultanate of Oman.
MMEX Resources Corp. announces land acquisition for Pecos County refinery project
FORT STOCKTON, Texas — MMEX Resources Corp., a development-stage company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, announced a purchase of 126 acres in Pecos County, Texas for the construction of its Phase I 10,000 bpd crude distillation unit near Fort Stockton, Texas.
S.Korea’s Hyundai Heavy wins ship contract from Vitol worth up to $600 MM
SEOUL (Reuters) — South Korea's Hyundai Heavy Industries Co has won a contract worth up to $600 MM from Vitol, the world's largest independent oil trader, for as many as eight gas tankers.
Strobel Energy Group to design, construct Prairie Catalytic ethyl acetate facility
CLARKS, Neb. — Strobel Energy Group announced that it has executed an Engineering, Procurement and Construction (EPC) agreement with Prairie Catalytic, LLC, a subsidiary of Greenyug, LLC, to design and construct its commercial scale Bio-Ethanol to Ethyl Acetate facility in Nebraska. Ethyl Acetate is a specialty solvent used extensively in products such as paints, coatings, pharmaceuticals, adhesives and a variety of consumer goods.
KBR wins LBED contract for ammonia plant revamp in Russia
HOUSTON — KBR, Inc. announced that it has been awarded a contract by Dorogobuzh JSC (owned by JSC ACRON) to provide licensing and basic engineering design (LBED) to revamp an ammonia plant—originally built by KBR—located in the Dorogobuzh, Smolensk region of Russia.
Essar commissions coke drum structure packages for BPCL’s Kochi Refinery
MUMBAI — Essar Projects India Ltd. (EPIL), an EPC contractor, announced the successful testing and commissioning of the coke drum structure package (CDSP) for Bharat Petroleum Corporation Limited’s Kochi Refinery (BPCL-KR). The contract value of this package is Rs. 645 crores.
- Southern Energy Renewables and Axens Sign MoU to advance SAF projects in Louisiana and beyond 4/8
- One of the largest heat pumps in the world has reached BASF's Ludwigshafen site 4/8
- LANXESS introduces surcharge for Lewatit ion exchange resins 4/8
- HyOrc secures industrial site and accelerated permitting path for Portugal green methanol project 4/8
- India raises HPCL Rajasthan Refinery project cost to $8.6 B 4/8
- Iranian Oil Refining Co. confirms attack on Lavan refinery 4/8
