Project Management
Statoil awards contract to Foster Wheeler for Snøhvit development project in Norway
Foster Wheeler announced today that a subsidiary of its global engineering and construction group has received a contract from Statoil Petroleum AS for the pre-front-end engineering (pre-FEED) for the Snøhvit future development project at Statoil’s Melkøya-based LNG facility on Melkøya Island.
IPIC proceeds with plan for $3bn UAE refinery, gives engineering deal to Shaw
International Petroleum Investment Co. (IPIC) announced that it is proceeding with the implementation of a 200,000 bbl/day refinery at Fujairah, at an estimated cost of $3 billion.
China awards deal for second coal-to-SNG plant to Haldor Topsøe
Haldor Topsøe has been awarded the contract for the second out of four SNG (substitute natural gas) projects approved by China’s National Development and Reform Commission.
Capstone Turbine Corp. secures two new orders from large US energy firm
Capstone Turbine Corp., the world's leading clean-technology manufacturer of microturbine energy systems, today announced it recently secured two new orders from a large US energy and gas transmission company.
Ex-Im Bank gives initial approval for $2.8 billion in financing for Colombian refinery
The Board of Directors of the Export-Import Bank of the US today voted to grant preliminary approval for a $2.84 billion direct loan/loan guarantee to Colombia’s Refinería de Cartagena S.A. (Reficar).
Marubeni buys $270 million shale stake from Marathon
Marathon Oil has signed an agreement with Marubeni Denver Julesburg, a subsidiary of Marubeni Corp., under which Marathon will assign a portion of its interest in the Niobrara shale play within the DJ Basin of southeast Wyoming and northern Colorado.
URS to provide services to BP’s Whiting refinery
URS Corp. today announced that it has been awarded a contract by BP Products North America Inc. to provide construction maintenance services, including electrical, mechanical, piping, instrumentation and civil works to the Whiting refinery in Whiting, Indiana.
Chevron Phillips Chemical considers a US Gulf Coast ethane cracker
Chevron Phillips Chemical is advancing a feasibility study to construct a world-scale ethane cracker and ethylene derivatives at one of its existing facilities in the US Gulf Coast region. The new facility would utilize the advantaged feed sources expected from development of shale gas reserves.
Shell sells Stanlow refinery to Essar Oil (UK)
Shell has signed a sales and purchase agreement for its 270,000 bpd Stanlow refinery in the UK and certain associated local marketing businesses with Essar Oil (UK) Ltd. for a total expected consideration of some $1.3 billion. Today’s announcement follows a formal offer Essar made for Stanlow in mid-February.
Aker Solutions building a technology experience center in Oslo
In April 2012, Aker Solutions will open the doors to the company's new 2,000 square meter technology experience center in Oslo, Norway. The center aims to demonstrate the art of engineering at its best, and show how science subjects contribute towards development of technology and what this means to society as a whole.
- 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

