South Korea
We Refine Right The Abu Dhabi Oil Refining Company, so called TAKREER, is the operational entity of the Abu Dhabi National Oil Company (ADNOC) in charge of the refining business. Until 1999, the downstream activities were left as a branch within ADNOC, but with the development of this sector in Abu Dhabi and major projects […]
SABIC to ally with two engineering services companies Saudi Arabia Basic Industries Company (SABIC) is moving toward alliance with a short selection of two companies to provide engineering services in similar way to Saudi Aramco General Engineering Services plus (GES+) pre-qualification program. SABIC is preparing a call for tender for engineering services and project management consultancy […]
WorleyParsons to provide project management services November 2012, OAO Lukoil (Lukoil) selected the Australian engineering company WorleyParsons to provide project management services (PMS) on the next three years for the West Qurna-2 oil field development project in southern Iraq. Discovered in 1973, the West Qurna-2 oilfield is the second largest undeveloped field in the world. […]
ADCO receives bids on Bab Gas Compression Phase 2 Abu Dhabi Company for Onshore Oil Operations (ADCO) is receiving the technical and commercial offers of the engineering companies in competition for the engineering, procurement and construction (EPC) contract of the Bab Gas Compression Project phase 2. ADCO is the Abu Dhabi National Oil Company (ADNOC) […]
Samsung submitted the lowest bid on Luberef refinery Saudi Aramco and Jadwa Investment are reviewing the final technical and commercial offers submitted by the engineering companies for the engineering, procurement and construction (EPC) contracts of the Luberef Yanbu Lube Oil Refinery Expansion. Estimated to require $1 billion capital expenditure, this Luberef Yanbu Lube Oil Refinery Expansion project was tendered […]
BASF to take parts of Poland Ciech’s TDI business On October 2012, the Ludwigshafen, Germany-based, BASF, acquired parts of Ciech Chemical Group’s (Ciech) Toluene Diisocyanate (TDI) business. This announcement comes in the same time as BASF is currently building the world largest single train TDI plant in Europe. BASF is a global leader in the […]
Majors work on alternatives to export North Slope gas In October 2012, the major companies operating in Alaska, ExxonMobil, ConocoPhillips, BP and TransCanada submitted to the Alaska administration their first report for an Alaska liquefied natural gas (LNG) export project. Estimated to cost $45 billion to $65 billion capital expenditure, Alaska LNG should be one of […]
Petronas moves on second Floating LNG unit On September 2012, JGC Corporation (JGC) from Japan and Samsung Heavy Industries (SHI) from South Korea signed a contract with the Malaysian national oil company Petronas for the front end engineering and design (FEED) of a new floating liquefied natural gas (FLNG) unit. Malaysia waters is rich of […]
