Europe
BASF awards Technip with umbrella contract for chemical project work
Germany-based chemical major BASF awarded Technip with an umbrella contract for engineering services on its chemical and petrochemical projects. Both companies are contemplating a long-term partnership, they said, which would provide BASF access to the resources of Technip for its capital investments notably in Europe, but also in other regions.
Eni starts slurry technology project at Italy refinery
Italian oil and gas major Eni started work on applying Eni Slurry Technology (EST) at its Sannazzaro de' Burgondi refinery, located near Pavia in northern Italy.
IEA lowers estimate for 2011 oil demand growth
The International Energy Agency (IEA) lowered its projection for global oil demand growth in 2011, falling by 190,000 bpd, or 0.2%, from an earlier estimate.
Total joins ExxonMobil to explore Poland shale gas
US-based ExxonMobil and French oil major Total signed an agreement to explore shale gas in the Chelm and Werbkowice areas in Poland.
Majority of energy execs see crude exceeding $120/bbl in 2011 - survey
Energy executives expect continued volatility in the price oil for the remainder of the year, with 64% predicting crude prices to exceed $120/bbl in 2011, according to a new survey.
Statoil withdraws from ownership in Swiss gas-to-liquids licensing venture
Statoil will withdraw from ownership and management roles with gas-to-liquids venture company GTL.F1, saying it does not see licensing of GTL technology as part of its core business.
BP adds Rosneft as partner in German refining JV
BP has added Rosneft as its new partner in its German refining joint venture, Ruhr Oel GmbH (ROG).
BP/Davy select EPC firms CB&I, Jacobs and Shaw for Fischer Tropsch deployment
BP and Davy Process Technology announced collaborations with three EPC contractors to promote the commercialization of the BP/Davy Fischer Tropsch process.
Technip awarded €55mn contract from Statoil for Norway subsea project
France-based engineering firm Technip was awarded a €55mn contract from Statoil for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220-310 meters.
Engineering group Howden acquires Dutch firm Thomassen Compression Systems
Global engineering group Howden has acquired Thomassen Compression Systems BV, complementing Howden’s existing range of compressors and opening up a wider market in the oil and petrochemical industries, the company said.
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