downstream
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 […]
Abu Dhabi Company for Onshore Oil Operations The Abu Dhabi Company for Onshore Oil Operations (ADCO) was established on 2nd December 1971 in Abu Dhabi, the largest Emirates from the United Arab Emirates (UAE). ADCO was created by the Abu Dhabi National Oil Company (ADNOC) to explore and operate the onshore and shallow coastal water of […]
Global Leader Hyundai Group was established in 1947 as a construction company and moved into shipbuilding only in 1970 with an order for two crude tankers while the shipyard was not yet existing. In 1972, Hyundai started to build a shipyard in Dusan and two years later, in 1974, the two tankers were delivered. Then […]
Jizan Refinery to be shared between seven companies Saudi Aramco made a decisive step forward in selecting the engineering companies to build the $7 billion Jizan refinery and terminal project. To balance its economical development between its different provinces, Saudi Arabia through Saudi Aramco had selected the city of Jizan, also called Jazan, on the southern coast […]
BASF runs into upstream while Gazprom goes west On November 12th, 2012, the German chemical company BASF and the Russian Gazprom signed a binding basic agreement to swap assets estimated of the same value. The assets selected to support the swap reflect the strategy of both companies: – BASF to increase its position in the oil […]
Take it further Headquartered in Paris, France, Technip is one of the largest engineering companies with more than 32,000 people covering all sectors of the oil and gas and petrochemical industry offshore and onshore, upstream, midstream and downstream. Established in 1958, Technip is today listed in NYSE Euronext Paris and USA through an American Depositary […]
$50 billion of business opportunities in 250 projects On November 19th 2012, the Project Smart Explorer data base reports $50 billion of business opportunities within the 250 active projects in pursuit in the oil and gas and petrochemical industry. These business opportunities are related for: – $18 billion to Electrical products and systems (Switchgears, transformers, motors and generators, cables, lighting, power systems, etc…) – […]
Enriching lives through innovation With Headquarters in The Woodlands, on the north of Houston, Texas, USA, Huntsman is a chemical company listed in the New York Stock Exchange and operating 75 production units in 30 countries with about 12,000 employees. Jon Huntsman established the Huntsman Container Corporation in 1970 in Fullerton, California. At that time […]
