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KNPC awarded PMC contract to Foster Wheeler On December 23rd, 2012, the state-owned oil refiner Kuwait National Petroleum Co (KNPC) selected Foster Wheeler for the project management consultancy (PMC) contract of the multi-billion Clean Fuels Project (CFP). In Kuwait, the CFP project, as well as the New Refinery Project (NRP) were left on hold nearly four years […]

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Jacobs completed FEED on mining Phosphate City The Saudi Arabian Mining Company (Maaden) is moving into the engineering, procurement and construction (EPC) phase for its $6 billion capital expenditure Phosphate City project. To be located in the north of Saudi Arabia, the Phosphate City project is also called Al-Khabra project as Maaden is aiming at debottlenecking the Al-Khabra phosphates mines. Through the Phosphate City […]

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SINOMACH and CPC to build first Cambodia refinery On December 28th 2012, China Perfect Machinery Industry Corp (SINOMACH) and Cambodia Petrochemical Corporation (CPC) made the final investment decision (FID) to build the first crude oil refinery in the Kampong Som Petrochemical Industrial Zone along the southern coast in Cambodia. This $2.3 billion capital expenditure this […]

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Total and Petronas organize double conceptual studies The french major Total and the Malaysian national oil company Petronas decided to organize parallel conceptual study for the development of the K5 gas field offshore the Sarawak province in southeastern Malaysia. Discovered in 1970, the K5 gas field is located 230 kilometers northwest Bintulu, in 80 meters of […]

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M&G to invest $1 billion in PET and PTA plants in USA The Italian company Mossi & Ghisolfi Gruppo (M&G Group) made the final investment decision (FID) for to build a greenfield polyethylene terephthalate (PET) and purified terephthalic acid (PTA) plants in Corpus Christi in Texas, USA. M&G Group is a wholly owned family company with […]

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