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Project Management

KBR inks engineering contract with Saudi Aramco

KBR today announced that its newly-established Middle East-based engineering company has been awarded an engineering and project management services contract from the Saudi Arabian Oil Company (Saudi Aramco) as part of its general engineering services plus (GES+) initiative.

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.