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Middle East

CERAWeek 2011 begins in Houston today

In Houston, Texas, energy executives worldwide have gathered for the 30th CERAWEEK conference.

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.

BP speaks up at CERAWeek

Robert Dudley, Chief Executive, BP plc, addressed the 2011 CERAWeek congress with a message of a new era and new responsibilities for the energy industry.

CB&I has FEED contract for Sohar refinery in Oman

CB&I has been awarded a contract valued in excess of $40 million by the Oman Refineries and Petrochemical Company for the front end engineering and design (FEED) and project management services for the Sohar refinery expansion project in Oman.

Foster Wheeler studying ZADCO in the UAE

Foster Wheeler AG’s Global Engineering and Construction Group has received a contract from Zakum Development Company (ZADCO), to perform an availability and reliability study in connection with the expansion of the Zirku oil processing facilities in Abu Dhabi, UAE.

Human factors research identifies early warning signals to anticipate failures of workplace

A new independent research report has presented industry with a practical way to measure the human factors health of their safety regimes, potentially opening the way to significant advances in workplace safety, environmental stewardship and operational efficiency.

Mitsubishi and Korea Gas to collaborate on natural gas projects

Mitsubishi and Korea Gas have signed a memorandum of understanding (MOU) for strategic collaboration in their natural gas businesses, mainly for liquefied natural gas (LNG) projects.

Neste Oil and ADNOC partner in VHVI base oils

Finland's Neste Oil and Abu Dhabi National Oil Co. (ADNOC) have entered into a partnership concerning very high viscosity index (VHVI ) base oils.

Oil futures drop on Feb. 24 leaving behind a 28-month high

As MarketWatch reported in a piece yesterday, Crude oil traded as high as $103.41 a barrel Thursday, Feb. 24, as supply disruptions in Libya and fears of contagion among other countries in the Middle East and North Africa spooked investors

Researchers find enzyme cocktail to improve biofuel processing

Virginia Tech researchers announced a discovery of a new method simplify the conversion of biomass into fuels.