CAPEX
Global engineering and construction contractor and power equipment supplier Foster Wheeler had its headquarter in New York City, New Jersey, USA, until 2007 to relocate it in Geneva in Switzerland since then as Foster Wheeler AG (Foster Wheeler).The actual Foster Wheeler company was established in 1927 as the result of the merger between the Power […]
Foster Wheeler awarded EPC management contract On September 2012, the chemical company Lanxess AG (Lanxess) decided to build the world largest ethylene propylene diene monomer (EPDM) plant at Changzhou, in the Jiangsu Province, China. Actually based in Leverkusen, Germany, Lanxess was established in 2005 as a separate company with a new brand from the spin off of […]
Engineering Solutions…Delivering Results Established in Chicago, Illinois, USA, in 1889 as a bridges construction company, Chicago Bridge & Iron (CB&I) moved into liquid storage structures with the development of the steam railways at the beginning of the 20th century in USA, South America and Middle East. CB&I made decisive move into the oil and gas […]
Shell to boost Pulau Bukom ethylene cracker by 20% On November 2012, Shell made the final investment decision (FID) for the debottlenecking of its petrochemical complex in Pulau Bukom, in Bukom Island, Singapore. Identified as Shell Eastern Petrochemical Complex (SEPC) project, Shell started up this petrochemical complex in March 2010. Because of the increasing demand in South East Asia, Shell is […]
Shell to invest $20 billion in LNG and GTL for 2012 – 15 During Investors day in London, the major Royal Dutch Shell plc ( Shell) presented last week, its vision on the gas future global market and its strategy to sustain a profitable growth and market leadership in this sector. Compared with the other major […]
Strength-Stability-Growth Headquartered in Calgary, Alberta, Veresen Inc. (Veresen) is the former energy infrastructure company Fort Chicago Energy Partners L.P company, established in 1997. Listed in Toronto, Ontario, Canada, Veresen changed named from Fort Chicago Energy Partners L.P. in January 2009. As energy infrastructure company, Veresen is running three businesses: – Pipelines – Midstream – Power The pipelines […]
Veresen plans to lead LNG export from US west coast The Calgary-based Veresen Inc. (Veresen) is promoting smartly its Jordan Cove liquefied natural gas (LNG) project as located on the US west coast, on the shortest way to export from US to the most profitable markets in Asia. As the twelve other export LNG projects in […]
Jordan retains world fourth largest oil shale reserves If Jordan falls short of conventional oil and gas resources to sustain its economical development, it appears to hold the world fourth largest oil shale reserves after USA, China and Russia. According to actual estimations, Jordan reserves of unconventional oil in the shale deposits could reach up […]
