Management
Foster Wheeler and consortium partners sign GES+ contract with Saudi Aramco
Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group together with the subsidiary’s consortium partners comprising A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON) and Saudi Consolidated Engineering Company- Khatib & Alami (SCEC K&A) have signed a contract with Saudi Aramco for the provision of services associated with Saudi Aramco’s General Engineering Services Plus (GES+) initiative for a duration of five years with options available for extensions.
Atlas Inspection Technologies expands across US
Atlas Inspection Technologies, a Seattle-based provider of remote visual inspection solutions for the industrial and manufacturing sectors, announced further expansion across North America.
Mubarak exits stage right
What will this mean for IOCs doing business in the region?
Jacobs acquires most of Aker Solutions' construction business
Jacobs Engineering Group Inc. has completed the acquisition of a number of Aker Solutions' operations within its process and construction (P&C) business area.
Financial news for major energy companies, third quarter 2010
"Financial News for Major Energy Producers (the News)" is a report on the recent financial performance of major US energy producers.
BP hires AMEC for onshore EPMS
AMEC has entered into a global agreement with BP International Ltd. to provide engineering and project management services (EPMS) for BP's onshore facilities developments around the world.
Preem AB selects Allegro solution
Allegro Development Corp., a provider of energy trading and risk management (ETRM) systems, announced that Preem AB will implement the Allegro 8 platform to manage its oil supply, trading, refining, logistics, sales and marketing operations. Allegro’s single, integrated solution will give Preem visibility and control around their extensive crude oil refining and trading business.
ABB to fix the juice at Saudi petrochem complex
ABB has won a $20 million contract from Saudi Petrochemical Co. (Sadaf) to implement a power factor correction and power management solution at the company’s Jubail manufacturing complex.
Shaw on board for base oils plant in Abu Dhabi
The Shaw Group Inc. has a contract with Abu Dhabi Oil Refining Co. (Takreer) to provide project management consultancy services during the engineering, procurement and construction phase of a base oils plant at the Ruwais Industrial Complex in Abu Dhabi, UAE.
SourceGas implements trading and risk management solution
Allegro Development announced that SourceGas has completed the successful deployment of the Allegro 8 platform across its natural gas operations. Allegro provides SourceGas the ability to capture physical and financial natural gas trades, manage transportation, actualization and invoicing on a single, integrated solution
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Damietta Green Ammonia completes pre-FEED for $873-MM, 150,000-tpy green ammonia facility 4/6
- EIB and Eni sign €500-MM in financing for new biorefinery in Sannazzaro de’ Burgondi 4/6
- India's Reliance buys Venezuelan oil directly from PDVSA 4/6
- Japan to boost intermediate chemical imports amid tighter naphtha supply 4/6
- Five EU countries call for windfall tax on energy companies 4/6
