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Asia/Pacific

Shell joins Wheatstone project as a gas supplier and equity participant

Chevron today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone project as a natural gas supplier and equity participant.

BASF foam insulating LNG pipes in Korea

BASF’s specialty foam Basotect is now for the first time being used to insulate pipes in a liquefied natural gas (LNG) tank terminal in Gwangyang, Korea.

Invensys and ACM partner up

Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the manufacturing and infrastructure operations industries, today announced that it will be the exclusive provider of a unique process safety decision-support solution from ACM Facility Safety, a division of ACM Automation.

Topsøe process to be used at two Chinese SNG plants

Topsøe has been awarded contracts for two large plants that will produce of substitute natural gas (SNG) from coke oven gas. The contractor is China National Gas Corporation Limited (CNGC), which is organized under the PetroChina Group.

Excelerate Energy performs 100th ship-to-ship transfer of LNG

Excelerate Energy successfully completed its 100th ship-to-ship (STS) transfer of LNG. On March 29, 2011, Excelerate Energy’s regasification vessel Exquisite received a transfer of 126,881 cubic meters of LNG.

GE doubles capacity of water technology manufacturing facility in China

As part of its continued investment in China’s rapidly growing cleaner energy and water infrastructure sectors, GE announced it has doubled the production capacity of its water technologies manufacturing plant in Wuxi New Zone in eastern China.

Honeywell extends global simulation contract with Shell

Honeywell has announced a contract extension to provide its UniSim Design process simulation software to Shell through 2015. The simulation platform will be used by Shell sites to design and test plant processes, saving the company both time and money.

Solvay and Rhodia are joining together

Solvay and Rhodia have a framework agreement allowing Solvay to launch a friendly cash offer for 100% of the share capital of Rhodia. The cash offer at €31.60 per share values the equity of Rhodia at €3.4 billion and the enterprise value at €6.6 billion, representing a REBITDA multiple of 7.3x

Shaw and Axens will license “next gen” FCC technology

The Shaw Group and Axens have been selected to license a next-generation catalytic cracking technology that will help refiners maximize the production of propylene and other high-value refinery products

Emerson acquires Fisher Sanmar JV

Emerson has acquired full ownership of its Fisher Sanmar joint venture from Sanmar Engineering, expanding the capabilities of Emerson Process Management in India.