Asia
BASF awards Fluor Ludwigshafen TDI EPCM contract On February 19th 2013, the Germany-based BASF chemical company selected the Fluor from the USA to provide engineering, procurement and construction management (EPCM) services for the new toluene diisocyanate (TDI) production in the Ludwigshafen chemical complex. Ludwigshafen is already one of the largest chemical complex in the world […]
OOC and Takamul to build world-scale storage terminal On January 2013, Oman Oil Company (OOC) and Takamul Investment Company (Takamul), both companies from the Sultanate of Oman, established a joint venture to build one of the world largest oil storage terminal at Raz Markaz in Oman. Called Oman Tank Terminal Company LLC (OTTCO), this new […]
AltaGas and Idemitsu to build LNG facility on BC coast AltaGas Ltd (AltaGas) from Alberta in Canada and the Japanese Idemitsu Kosan Corporation Ltd (Idemitsu) have decided to form the 50/50 AltaGas Idemitsu Joint Venture Limited Partnership joint venture to export liquefied natural gas (LNG) and liquefied Petroleum Gas (LPG) from Canada to Asia. Since USA […]
Russia Key Projects and Business Highlights In 2012, the newly elected President Putin managed to re-shape its oil and gas and petrochemical industry with number of strategic decisions to ensure that Russia will remain the largest producer of oil and gas in the coming years. President Putin based its economic program for the next five years […]
Energizing Chemistry Lanxess AG (Lanxess) is a young company founded in 2005 with 150 years of history in the chemical industry as the result of Bayer strategic spin off of plastics and synthetic rubber assets. Still home-based with Bayer in Leverkusen, Germany, will relocate headquarters next door in Cologne, in 2013. Lanxess is covering 31 […]
Gazprom first LNG shipment from Norway to Japan Gazprom prepared and implemented successfully the first shipment of liquefied natural gas (LNG) through the freezing Northern Sea Route (NSR) around the North Pole from Norway to Japan. Leaving the Port of Hammersfet in Norway on November 9th, the Ob River LNG carrier reached the Port of Tobata […]
Sabic to expand petrochemical capacities in USA The Ryadh-based Saudi Basic Industries Corporation (Sabic), may join BASF, ChevronPhillips, Dow Chemical (Dow), Enterprise Products Partners (Enterprise), ExxonMobil, Evonik, Occidental Petroleum, Sasol, Shell, to increase its petrochemical foot print in USA to benefit from the low costs feedstock provided by the shale gas. Speaking at the Gulf […]
Tackle each challenge with safe, reliable and innovative solutions Headquartered in San Donato Milanese, next to Milano in Italy, Saipem is a subsidiary of the Italian national oil company ENI S.p.A. (ENI) operating in the engineering and contracting services. Previoulsy wholly owned, ENI floated 57% of the shares in 1984 in Milan Stock Exchange. Initiated in […]
