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Granherne and Doris complete pre-FEED The GDF Suez Bonaparte is a $3.7 to $4.6 billion Floating LNG project to liquefied the natural gas from the Petrel, Tern and Frigate fields in the Bonaparte Basin, in the Timor Sea, 250 kilometres west of the northern Australian city of Darwin. GDF Suez Bonaparte is a joint venture created in 2009 […]
Solvay’s Vinythai selected Taixing for new ECH plant With a Chinese market of epichlorohydrin (ECH) expected to grow by 8% per year, Solvay and its Thai affiliate, Vinythai have decided to invest in a new production plant in Taixing, Jiangsu Province, China. This new plant will have an initial capacity of 100,000 t/y epichlorohydrin. Solvay […]
Shale gas to help Celanese integration business model Celanese Corporation (Celanese) is a global technology and specialty materials company owning and operating a large acetyl complex at Clear Lake, close to Houston, Texas, USA. The positive developments in the U.S. energy complex to become a net gas exporter creates favorable conditions to explore all the […]
Definition Greenfield is the common word to describe a new project. By opposition Brownfield refers to project of expansion or revamping or services on an existing facility. Comments Greenfield word is not a quote reserved to the oil and gas and petrochemical industry, but it finds in this sector some fundamental reasons to be used more […]
Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture, Basra Gas Company (BGC) is state-controlled […]
Jacobs collects awards in Saudi Arabia giant projects In May, Jacobs Engineering Group Inc. (Jacobs) had been awarded the Front End Engineering and Design (FEED) for the $6 billion Ma’aden Phosphate city project. Then in June, Jacobs announced to have won the engineering, procurement and construction management (EPCM) contract for three polyethylene trains for the […]
Ma’aden awards FEED and reconsiders PMC contracts Although the PMC contract for the Ma’aden Phosphate city project was intended to be awarded together with the FEED contract to Jacobs, Ma’aden has decided finaly to separate both contracts. Ma’aden Phosphate Company (MPC) is a joint venture with SABIC in which the Saudi Arabian Mining Company (Ma’aden) owns 70% and SABIC 30%. The Al Khabra Project, […]
Indian polyester leader Polyplex selects Turkey for expansion Polyplex Corp. of India, is the fourth largest producer of polyester film in the world. Polyplex and the Investment Support and Promotion Agency of Turkey (ISPAT) have jointly announced the decision for Polyplex to select Turkey to support its global expansion in to produce polyethylene terephthalate (PET). […]