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final investment decision (FID)

Saudi Aramco and Sumitomo Chemical target to complete Petro Rabigh Phase 2 project on time October 2012, JGC Corporation (JGC) from Japan has been awarded the expansion of the JGC Corporation (JGC)in the Petro Rabigh Phase 2 project. Rabigh Refining and Petrochemical Company (Petro Rabigh), is a balanced joint venture between  – The Saudi Arabian […]

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Chevron Rosebank to unlock one fifth of UK’s reserves Chevron and its partners Statoil from Norway, OMV from Austria and Dong Energy (Dong) from Denmark selected WorleyParson and its subsidiary Intecsea to perform the front end engineering and design (FEED) of the facilities to develop the offshore Rosebank project in UK. The Rosebank field is […]

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Olam Fertilizer and Tata Chemicals to revise costs In April 2011, Olam, Tata and Gabon Government established a joint venture company called Gabon Fertilizer Company (GFC) to support the construction of a large ammonia and urea  fertilizer  plant. In September 2011, the Singapore-based Olam International (Olam), the Indian Tata Chemicals (Tata) and the Gabon Government selected Technip from France to perform the […]

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BP low sality EOR to bring 6% additional oil recovery BP and its partners ConocoPhillips, Chevron and Shell presented at the British Science Festival in Aberdeen a new technology to significantly improve the enhanced oil recovery (EOR) technology by water injection. Based on the principle of low salinity water injection, BP deployes this new technology […]

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Shale gas boosts OCI into Iowa biggest investment ever The Iowa Fertilizer Company (IFC) a subsidiary of the Egyptian company Orascom Construction Industries (OCI) made the final investment decision (FID) to build a world-scale fertilizer plant in Iowa, USA. OCI selected the location near Wever, in the Lee County, southeastern Iowa, to develop its greenfield […]

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Hess awarded FEED for Semi-submersible on WA-390-P Block Established in New Jersey, the American Hess Corporation (Hess) is based in New York City, USA. Since 2007, Hess holds the 100% working interest of the WA-390-P Block offshore Western Australia to develop the Equus project. Equus is part of the $6.8 billion Hess’s capital expenditure budget […]

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