Oman to invest $1 billion in new Chemical EOR Petroleum Development Oman (PDO) is working on the expansion of its Marmul Polymer project with flooding enhanced oil recovery (EOR) technique to maintain and increase the current production of heavy crude oil. Oman is one of the first country in the (more…)
Read moreUK lifts fracking ban on shale gas
UK to lead shale gas exploration in Europe On December 13th, 2012, the UK Government lifted the ban on exploration and production of shale gas with the expectation to develop a dedicated industry upstream and downstream that could create 42,000 permanent jobs. This ban had been decided in 2011 after (more…)
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Air Liquide and Lurgi in brief
The world leader in gases for industry Air Liquide was founded in France in 1902 from two scientists and inventors who got the idea to liquefied air to separate the gases and produce oxygen. Today, Air Liquide is operating in 80 countries with 46,200 employees but still focusing on the (more…)
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WorleyParsons in brief
Resources and Energy With Headoffice in Sydney, New South Wales, Australia, WorleyParsons was established in 2004 from the acquisition of the Californian engineering company Parsons E&C by the Australian Worley. Parsons E&C had a long history since 1944 in the downstream sector, refining, petrochemicals and power. Worley was established under the (more…)
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Lukoil in brief
Harness natural energy resources for human benefit In 1991, the Russian Government published the decree to establish the Langepas Uray Kogalymneft Petroleum Corporation. In 1993, the Langepas Uray Kogalymneft Petroleum Corporation was transformed in open joint stock company under the name of Lukoil Oil Company. Today, Lukoil is listed in London Stock (more…)
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BASF in Brief
We create chemistry for a sustainable future. Established in 1865, in Mannheim, Germany, under the name of Badische Anilin- and Soda-Fabrik, BASF’s first factory was finally built on the other bank of the River Rhein in Ludwigshafen in Bavaria, Germany. Since that time BASF became the world leading chemical company listed (more…)
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Oman Oil Company (OOC) in brief
Investing for the future of Oman The Sultanate of Oman established the Oman Oil Company S.A.O.C. (OOC) in 1992 as the national oil company with the mission to build a prosperous future for Oman regardless country’s direct oil and gas revenues. This mission still guides the Sultanate’s Vision 2020 for (more…)
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Saudi Aramco and Sumitomo Chemical target to complete Petro Rabigh Phase 2 project on time October 2012, JGC Corporation (JGC) from Japan has been awarded the expansion of the JGC Corporation (JGC)in the Petro Rabigh Phase 2 project. Rabigh Refining and Petrochemical Company (Petro Rabigh), is a balanced joint venture (more…)
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Saudi Aramco and Sabic gives momentum to GES+ Saudi Aramco initiated the concept of General Engineering Services Plus (GES+) initiative in order to enhance the level of competence of the local engineering companies and contractors and to contribute to create more value within Saudi Arabia. Indirectly the General Engineering Services (more…)
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Foster Wheeler, Jacobs, KBR, Mustang and SNC Lavalin signed GES+ contracts with Saudi Aramco Saudi Aramco’s General Engineering Services Plus (GES+) initiative requires that the majority of its engineering services requirements be conducted in the Kingdom of Saudi Arabia in order to enhance the development of training and domestic employment (more…)
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