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Lukoil awarded $1West Qurna Phase 2 to Samsung Engineering  Samsung Engineering officially signed a contract, worth approximately $1 billion, with LUKOIL Mid-East Ltd. (Lukoil) for the development of the West Qurna Phase 2 Contract Area and thereafter to  provide assistance to LUKOIL with its carrying out of the commissioning and start up. This engineering contract covers: –Project Management […]

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Petrofac won the first Oil Central Processing Facility (CPF) The Gazprom Neft (Gazprom) Badra oil field is located in the Wasit Province at the Southeast of Iraq. The Badra oil field stakeholders are Gazprom, the operator with 30% share, then KOGAS with 22%, Petronas with 15%, TPAO with 7.5% The project will reach its full […]

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Two leaders build energy Market Leadership with coal gasification Shenua Group (Shenua), from China, and GE, from USA, create the new GE Shenhua Gasification Technology Company Ltd., a 50-50 joint venture (JV) with Headquarter located in Shanghai, China. The firm will sell industrial gasification technology licenses in China, conduct research to improve cost and performance. The company has registered capital of $6 million. Patents and proceeds obtained by the joint venture will be shared evenly. The cooperation is also part of Sino-US joint efforts to develop clean energy, and gasification is a crucial component of that goal. China and USA hold respectively the first and second biggest […]

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AkzoNobel invests $180 million for 50% increase in Frankfurt Chloride and Caustic Soda facilities Caustic Soda is one of the most widely used chemicals in the industry. The increasing requirements in Europe for chlorine and derivatives over the past five years means the current plant is not meeting demand. Caustic soda is a solution of […]

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After Kitimat LNG, LNG Canada will boost LNG Export Shell Canada Limited, Korea Gas Corporation (KOGAS), Mitsubishi Corporation (MC), and PetroChina Company Limited (PetroChina or CNPC) today announced they are jointly developing a proposed liquefied natural gas (LNG) export facility near Kitimat, British Columbia,Canada. The demand for natural gas, the cleanest burning fossil fuel, remains […]

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Apache, EOG and Encana lead British Columbia gas development for export The Kitimat LNG project started in 2006 with the signature of a partnership agreement with the Haisla First Nations It took a decisive step forward in 2010 when Apache purchased a majority interest in the proposed project. Today Kitimat LNG is owned:  – 40% […]

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Air Liquide starts up new air separation unit in Tatarstan Air Liquide is pursuing its long-term development in Russia, and starting-up a new Air Separation Unit (ASU) that will produce oxygen and nitrogen in the Special Economic Zone “Alabuga” in the Volga region, Tatarstan. Tatarstan‘s economy is the fifth largest in Russia in terms of […]

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Definition ASU is the acronym of Air Separation Unit and refers to the Air separation plant to produce industrial gases Air separation plants produce oxygen, nitrogen and argon from atmospheric air, normally by one of three processes:  – Non-cryogenic plants produce oxygen or nitrogen gas product from compressed air at near ambient temperature by physical […]

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