Posts Tagged ‘energy’

One Day – One Country: Argentina

Argentina Key Projects and Business Highlights Argentina is one these countries with oil and gas reserves among the largest in the world but have hard to stand self-sufficient in energy. Since 2007, the export tax scheme for oil and gas was conceived primarily to allocate the local production to the domestic market […]

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ZEEP and Todd to invest $1.3 billion in Louisiana Gas-To-Methanol facility

South Louisiana Methanol selected St. James Parish  Zero Emission Energy Plant Ltd (ZEEP) from Austin in Texas, USA, and Todd Corporation (Todd) from Wellington in New Zealand will invest $1.3 billion capital expenditure in a new methanol plant in Louisiana, USA. To support the project, ZEEP and Todd established the South Louisiana […]

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Saudi Aramco selects Shell technology for Jizan power plant

Jizan gasification process to increase scope of work  Saudi Aramco selected Shell technology for the power plant to be part of the giant Jizan Refinery project on the southeast of Saudi Arabia. Together with the refinery, the Jizan gazification project is the master piece of the development of this southern region […]

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AMEC in brief

Shaping the Future AMEC plc (AMEC) started engineering activities in Canada more than 100 years ago when the Montreal Engineering Company (MEC) was established in 1907. In 1992, AGRA took over MEC to create AMEC. Today, AMEC  is listed in London Stock Exchange and is building up its market leadership […]

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Sibur and Solvay to create joint venture in Russia

Solvay and Sibur to produce oil field process chemicals The Russian petrochemical company SIBUR and the Belgium chemical group Solvay signed Heads of agreement in London to produce jointly surfactants and oil field process chemicals.  According to the agreement, SIBUR and Solvay Novecare will create a 50/50 joint venture called RusPAV. […]

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Mitsui & Co in brief

Initiate, Create and, Deliver Established in 1947 with its headquarter in Tokyo, Japan, Mitsui  & Co. Ltd (Mitsui) is a diversified industrial company with a global presence in 67 countries and listed in Tokyo Stock Exchange. With more than 44,000 employees, Mitsui manage a large portfolio of products and services […]

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Morocco to boost offshore exploration and oil shale development

Cairn, San Leon, Genel increase footprint in Morocco On the same week, Cairn Energy (Cairn) announced to sign a Farm-in Agreement for offshore exploration and production while San Leon Energy (San Leon) extended its oil shale onshore acreage, both in Morocco. These moves reflects the potential of resources and the […]

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DuPont sells its Coatings Business to Carlyle for $4.9 billion

Carlyle targets emerging markets with DuPont Performance Coatings  DuPont and The Carlyle Group (Carlyle) signed a definitive agreement by which Carlyle will buy DuPont Performance Coatings (DPC), the DuPont’s Coatings Division. Still submitted to regulatory approval, the transaction should be effective on the first quarter 2013. Carlyle is a global […]

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$1.4 billion Devon-Sumitomo joint venture in shale oil

Devon and Sumitomo to develop Permian Basin tight oil Devon Energy Corporation (Devon) and Sumitomo Corporation (Sumitomo) entered an Agreement to jointly develop the Cline Shale and the Midland-Wolfcamp tight oil fields within the Permian Basin. The Cline Shale and the Midland-Wolfcamp tight oil fields are part of Devon‘s operations in USA where Devon has still […]

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CB&I to acquire The Shaw Group for $3 billion

CB&I to broaden energy portfolio from LNG to Nuclear July 30th, 2012, CB&I and The Shaw Group (Shaw) announced to have closed a deal by which CB&I will acquire The Shaw Group. Shaw is a 25 years old engineering and services company well established as global provider of: Engineering and […]

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