Posts Tagged ‘engineering and services companies’

One Day – One Country: Kuwait

Kuwait Key Projects and Business Highlights Kuwait holds the sixth largest reserves of conventional crude oil and rank among the top 10 producing countries in the world attracting all the engineering and services companies such as Bechtel, Halliburton, Schlumberger, Fluor, Foster Wheeler, WorleyParsons, Daelim Industrial. Until 2008, the crude oil production […]

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CNOOC and Sinopec to pump $20 billion in upstream acquisitions

CNOOC and Sinopec target Nexen and Talisman assets July 23rd 2012, the Chinese CNOOC Ltd (CNOOC) announced to have signed an Arrangement Agreement with Nexen for the acquisition of the Nexen shares listed in Toronto and New York Stock Exchanges. The aggregate value of the proposed acquisition is approximately $15.1 billion […]

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PCIC Middle East Conference to take place with ADIPEC

Electrical and Instrumentation experts to meet in Abu Dhabi on November 12th &13th 2012 PCIC stands for the Petroleum and Chemical Industry Committee. PCIC Middle East is the regional representation of PCIC Europe to organize the premier Conference for the exchange of experience in electricity and instrumentation in the oil and gas, chemical and pharmaceutical industries, covering all the aspects […]

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Sinopec and Sibur to produce Synthetic Rubber in Shanghai

Sibur to provide Sinopec with patents and technologies China’s top refiner China Petroleum and Chemical Corporation (Sinopec) has signed an agreement with Russian petrochemical Group Sibur to establish a joint venture in Shanghai, China, to produce synthetic rubber. The joint venture will use patents and technologies from Sibur to produce nitrile butadiene […]

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Saudi Aramco to invest $25 billion in Red Sea oil and gas

Aramco to develop deep water exploration and production Saudi Aramco plans to produce natural gas this decade off the Red Sea coast to increase domestic supplies to power generation and water desalination plants rising 7 percent a year. The program is designed to ensure to have ample spare capacity to meet […]

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