Middle East
Foster Wheeler, SOCAR form JV to build Azerbaijan oil, petchem complex
Foster Wheeler has agreed to form a jointly-owned company with the State Oil Co. of Azerbaijan Republic (SOCAR) in the Republic of Azerbaijan. SOCAR is a state-owned company engaged in the fields of oil and gas exploration, production, transportation and marketing. It intends to build an oil, gas processing and petrochemical complex in Garadag, Republic of Azerbaijan.
ConocoPhillips to spin off downstream business
ConocoPhillips’ board of directors has approved the separation of the company’s Refining & Marketing and Exploration & Production businesses into two stand-alone, publicly traded corporations via a tax-free spin of the refining and marketing business to shareholders.
Saudi Aramco awards Foster Wheeler group with Riyadh refinery clean fuels project
Foster Wheeler SOFCON, an unincorporated consortium between a subsidiary of Foster Wheeler and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co. (SOFCON), has been awarded a contract by Saudi Aramco for front-end engineering design (FEED) and project management services for the clean transportation fuels project at the Riyadh refinery in Saudi Arabia.
Oil and gas software firm DNV buys rival Synergi
DNV has acquired Synergi Solutions, enlarging its present software portfolio extensively together with 30 new employees, the oil and gas industry software firm said on Wednesday.
Axens, Gentas to build hydroprocessing catalyst plant in Saudi Arabia
Axens and Shoaibi Group company GENTAS will build a world-scale hydroprocessing catalyst production plant in Saudi Arabia.
Improve decision-making for LNG projects via an integrated technology
This approach to modeling and economics cuts through the complexity of project capital investment
Two-phase fluid cycle efficiently recovers power from FSRUs
Compact design is efficient and economical
What are the benefits from mass transfer rate-based simulation?
Models are highly detailed and predictive
Rethink lubrication and steam issues on emergency equipment
‘Best available technology’ is a must for backup systems
Seal off costly refinery leaks
Older refinery seeks better method to be leak-free
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- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
