Pemex invests $475 million to acquire, revamp urea fertilizer plant
PMI signed a contract for the purchase of the assets of the company Nitrogenous Agro. With this purchase, Pemex will reactivate production to 990,000 tpy of urea in Birds, Veracruz, starting from 2015.
January 17, 2014Continue reading...Gazprom Neft acquires Russia’s largest plant for polymeric bitumen
Purchase of this asset will enable the company to become a leading producer of polymeric bitumen for road construction in Russia. The capacity of the newly-acquired plant is 60,000 tons of PBB.
January 15, 2014Continue reading...CB&I and Chiyoda Corporation Sign North American LNG Cooperation Agreement
CB&I announced it has signed a cooperation agreement with Chiyoda Corporation to design and build liquefied natural gas (LNG) export facilities in North America.
January 15, 2014Continue reading...Chevron Canada awards EPC work to Fluor, JGC on Kitimat LNG project
The project scope includes completion of the existing FEED package by finalizing value-improving concepts for the proposed Kitimat LNG facility in Western Canada. The scope of work for the contractors also includes detailed engineering and procurement services for the initial phases of the project.
January 14, 2014Continue reading...UK engineering group Amec to buy Foster Wheeler in $3.2 billion merger
The transaction will boost capacity in the oil products and petrochemicals business at Amec, now mainly focused on helping companies get oil and gas out of the ground. Foster Wheeler has worldwide operations and has been working in Saudi Arabia and the United Arab Emirates since the 1970s.
January 14, 2014Continue reading...Yokogawa Wins Control System Order for Yamal LNG Project in Russia
Yokogawa Electric Corporation is pleased to announce that its subsidiary Yokogawa Europe Solutions B.V. has been awarded a contract by Yamgaz, a consortium of Technip and JGC Corporation, to supply integrated control and safety systems (ICSS) for the Yamal LNG Project to build a liquefied natural gas plant and other facilities at Sabetta on Russia’s Yamal Peninsula, which is in northwest Siberia, above the Arctic Circle, in the Yamal-Nenets Autonomous District.
January 9, 2014Continue reading...Cold air in North America leads to widespread refinery shutdowns
Valero Energy's Memphis refinery in Tennessee had a instruments freeze and units trip offline, a person familiar with operations said. Phillips 66 had an electrical issue at its Westlake plant in Louisiana.
January 9, 2014Continue reading...Shell eyes sale of Australia downstream business
Geneva-based Vitol is studying assets including storage terminals, filling stations and an oil refinery in Geelong, south of Melbourne, said the people, asking not to be identified as the details are private. Buyout firm TPG Capital and a group led by Macquarie Group are also weighing bids.
January 9, 2014Continue reading...Siemens to supply wastewater treatment systems to refinery in China
Siemens Energy has received an order from Sinopec Jiujiang Petrochemical Company for the supply of a refinery wastewater treatment system that includes PACT biological treatment, Wet Air Regeneration (WAR) and a Hydro-Clear filter system, and a Zimpro wet air oxidation (WAO) system for spent caustic treatment. Both of these systems are key components in Jiujiang Petrochemical's upgrade to meet the new national discharge standards for wastewater and for water re-use. The Jiujiang refinery is located in the Jiangxi province of China. Start-up is targeted for the end of 2014.
January 8, 2014Continue reading...Foster Wheeler Awarded PMC Contract By STAR Rafineri For Grassroots Refinery In Turkey
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction (E&C) Group has been awarded a contract by STAR Rafineri A.Ş., a subsidiary of SOCAR Turkey, for project management consultancy (PMC) services for its grassroots Aegean Refinery to be built within the Petkim Petrokimya A.Ş. (PETKİM) facilities at Aliağa, Turkey.
January 8, 2014Continue reading...