
Singapore
Grupo R orders four jack-up rigs to Keppel for Pemex The Mexican construction and oil field service company Grupo R ordered four jack-up drilling rigs to Keppel Fels in Singapore to support the exploration and production program planned by Petróleos Mexicanos (Pemex) to stop the Mexican production to decline and to increase it again. In October […]
Daewoo and Aker Solutions to share Topsides contract Statoil and its partners Total and Det norske selected a combination of Daewoo Shipbuilding and Marine Engineering (DSME) from South Korea with the local engineering company Aker Solutions to design and build the topsides of the Dagny offshore platform project in Norway. Discovered in 1974 within the […]
OOC and Takamul to build world-scale storage terminal On January 2013, Oman Oil Company (OOC) and Takamul Investment Company (Takamul), both companies from the Sultanate of Oman, established a joint venture to build one of the world largest oil storage terminal at Raz Markaz in Oman. Called Oman Tank Terminal Company LLC (OTTCO), this new […]
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 […]
Energizing Chemistry Lanxess AG (Lanxess) is a young company founded in 2005 with 150 years of history in the chemical industry as the result of Bayer strategic spin off of plastics and synthetic rubber assets. Still home-based with Bayer in Leverkusen, Germany, will relocate headquarters next door in Cologne, in 2013. Lanxess is covering 31 […]
QP and Shell Petrochemical project named Al-Karaana Qatar Petroleum and Shell made significant decisions in November regarding their world-scale petrochemical complex in the Ras Laffan Industrial Zone in northern Qatar. The Minister of Energy and Industry, Dr Mohamed bin Saleh al-Sada and Ben Van Beurden, Shell Chemicals Executive Vice President, during a meeting in Doha, […]
Global engineering and construction contractor and power equipment supplier Foster Wheeler had its headquarter in New York City, New Jersey, USA, until 2007 to relocate it in Geneva in Switzerland since then as Foster Wheeler AG (Foster Wheeler).The actual Foster Wheeler company was established in 1927 as the result of the merger between the Power […]
Shell to boost Pulau Bukom ethylene cracker by 20% On November 2012, Shell made the final investment decision (FID) for the debottlenecking of its petrochemical complex in Pulau Bukom, in Bukom Island, Singapore. Identified as Shell Eastern Petrochemical Complex (SEPC) project, Shell started up this petrochemical complex in March 2010. Because of the increasing demand in South East Asia, Shell is […]