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Definition Turret is the major component of a vessel or any floating production unit (FPSO, FPO) to which the risers coming from the seabed are connected. Turret name refers the rotating function of this large equipment to facilitate the rotation of the vessel according to winds, waves and dominating current while the risers remain connected to a […]

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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 […]

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Iraq and Chevron Phillips signed a Letter of Intent Iraq and Chevron Phillips Chemical Corp, a joint venture of Chevron Corp and ConocoPhillips, signed a letter of intent to perform a project feasibility study of developing a petrochemical plant in the country. The company would examine building a new facility and upgrading an existing Iraq-owned petrochemicals […]

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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 […]

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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, […]

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Definition Fertilizer is any natural or manufactured plant nutrient that contains at least 5% of one or more of the three primary nutrients – nitrogen (N), phosphorous (P), or potassium (K) Industrially manufactured fertilizers are sometimes referred to as mineral fertilizers. Comments There are several sources of fertilizers. The two most important are organic manure […]

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