Insights

BASF to take parts of Poland Ciech’s TDI business On October 2012, the Ludwigshafen, Germany-based, BASF, acquired parts of Ciech Chemical Group’s (Ciech) Toluene Diisocyanate (TDI) business. This announcement comes in the same time as BASF is currently building the world largest single train TDI plant in Europe. BASF is a global leader in the […]

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 in Frankfurt, London and Zurich […]

Technip signs FEED contract for Dow Texas Operations October 2012, The Dow Chemical Company (Dow) selected Technip from France for the front end engineering and design (FEED) of its world scale ethylene project on the Gulf Coast, Texas, USA. Dow is the world largest manufacturer of olefin and polyolefin products. Based on ethylene cracking, the production costs are directly related […]

240 projects represent more than 680 billion CAPEX On November 5th 2012, the Project Smart Explorer data base contains the 240 largest projects of the oil and gas and petrochemical industry. These projects represent more than 680 billion of capital expenditure to be mostly invested on the next three years by 166 end users. These end […]

Producing oil and gas for the world Established in 1992 from the Azerineft State Concern and Azerneftkimya Production Association, the State Oil Company of the Azerbaijan Republic (SOCAR) received the mandate as national oil company to :  – Improve the management structure of the oil and gas industry  – Develop the energy industry In this […]

Petronas to move on Burma Yetagun North expansion  The Yetagu gas field is located in southern Andaman Sea about 100 kilometers west offshore Myanmar coast line. Originally explored and developed by Texaco, Premier Oil and Nippon Oil Exploration (JX NOEX) , the American withdrew in the years 2000s because of the US sanctions against Myanmar. The Malaysian […]

Saudi Aramco revises plans to explore shale gas Since Saudi Arabia is struggling to increase its natural gas production to meet its fast growing demand, the national oil company Saudi Aramco investigate all potential sources of supply, onshore and offshore, conventional and unconventional. The consumption of natural gas in Saudi Arabia is increasing very fast because […]

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 its wholly owned Oman Oil […]

Technip/Shaw Energy and Chemicals to provide PMC The Oman State wholly-owned Oman Oil Company (OOC) and the Abu Dhabi sovereign fund International Petroleum Investment Company (IPIC) have approved the location and the financing for their joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) project. The joint venture Duqm Refinery and Petrochemical Industries Company (DRPIC) was established in June […]

Mitsui, Toyo and Unico study $2 billion fertilizer project A Japanese consortium made of Mitsui, Toyo Engineering Corporation (Toyo) and the consulting company Unico International Corporation (Unico) is working on a greenfield $2 billion fertilizer plant in the South of Iraq. This project comes while the:  – Houston-based engineering company KBR is revamping and expanding […]