Engineering & Design
Aramco announces launch of Aramco Trading Americas
Aramco announced the 100% acquisition of Motiva Trading by the Aramco Trading Company and the launch of Aramco Trading Americas LLC , a wholly-owned subsidiary of ATC based in Houston, Texas.
Babcock & Wilcox win contract to support Phillips 66 carbon capture project in U.K.
Babcock & Wilcox announced that its B&W Environmental segment has been awarded a contract by Phillips 66 Limited to design a flue gas pre-treatment technology upstream from a planned CO2 capture system on the Phillips 66 Limited Humber Refinery’s Fluid Catalytic Cracker.
Neste completes acquisition of business from Crimson Renewable Energy in the U.S.
In November 2022, Neste announced that it would acquire the used cooking oil (UCO) collection and aggregation business and related assets on the U.S. West Coast from Crimson Renewable Energy Holdings.
Clean Energy Marine Hubs Initiative gains momentum at Ministerial energy meeting
IRENA will continue to expand its collaboration with ICS and partners in the shipping sector to further strengthen the CEM Hubs initiative and accelerate the use of renewables-based fuels in the shipping and other end-use sectors.
BASF breaks ground on MDI capacity expansion project at Geismar site
BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate expansion project at its Verbund site in Geismar, Louisiana.
Maire Tecnimont signs already announced $1.3 B EPC petrochemical contract
The $1.3 B EPC Lump Sum contract, already announced on December 21, 2022, is part of this complex and has been awarded to Tecnimont by a Joint Venture composed of QatarEnergy and Chevron Phillips Chemical.
Phillips 66 to acquire publicly held common units of DCP Midstream, LP
Phillips 66 and DCP Midstream, LP announced that they have entered into a definitive agreement pursuant to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit.
Technip Energies wins large project management consultancy contract by Kuwait Oil Company
The five-year framework agreement contract covers front-end engineering design (FEED), project management, and associated services for KOC’s major projects.
ADNOC allocates $15 B to low-carbon solutions, new energies and decarbonization technologies
The announcement follows the guidance by ADNOC’s Board of Directors in November 2022 to accelerate delivery of its low-carbon growth strategy and the approval of its Net Zero by 2050 ambition.
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- McDermott achieves ISO 50001 Certification for energy management at four fabrication yards 11/25
- DNV certifies first CO2 storage site in Middle East for ADNOC CCS project 11/25
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
