Middle East
Iraq cabinet OKs $17.2 billion Shell gas deal
The Iraqi cabinet Tuesday approved a deal worth up to $17.2 billion for Shell to capture and process gas from three giant southern oil fields - Rumaila, West Qurna phase 1, and Zubair in the southern governorate of Basra, a government spokesman said. The Iraqi Oil Ministry initialed the Iraq South Gas agreements last July with Shell and Japan's Mitsubishi Corp.
Compounder A Schulman opens UAE sales office
US-based plastics compounder A Schulman has opened a sales office in Ras al-Khaimah, United Arab Emirates (UAE), part of what the company says is a global expansion effort to serve growing markets for value-added niche products.
Cristal, Outotec to partner on TiO2 feedstock plant in Saudi Arabia
Saudi Arabia-based titanium dioxide (TiO2) producer Cristal Global announced what it called a groundbreaking partnership with Outotec, a leading provider of metals processing solutions. Outotec has been selected to build a new fully scalable ilmenite-processing plant for Cristal in Yanbu, Saudi Arabia, estimated to become operational in the fourth quarter of 2013.
Dow, Saudi Aramco select Jacobs for engineering, construction of chemicals venture
Jacobs Engineering Group was awarded an engineering, procurement and construction management (EPCM) contract for the Chemicals 1 Envelope of Sadara Chemical Co., the joint venture between Dow Chemical and Saudi Aramco. Construction work on the project has already started and is scheduled to be completed by early 2015.
Fluor wins maintenance deal for RasGas in Qatar
Fluor Corp. announced today that Qatar National Facilities Services (QNFS), a Qatari-based company partly owned by Fluor, signed a five-year comprehensive maintenance services contract with RasGas Co. Ltd.
Global oil, gas firms poised for strong 2011 finish despite market uncertainty - report
Though third-quarter financial news has been decidedly more bearish than bullish, advisory firm Ernst & Young's oil and gas center says it anticipates a steady close to the year. The oil and gas industry is set to end 2011 strong amid great uncertainty in the broader market, according to the firm’s quarterly oil and gas update.
SABIC creates venture capital arm for technology investment
Saudi Basic Industries Corp. (SABIC) has announced the launch of a new global corporate venture capital arm, SABIC Ventures, in the Netherlands, with the primary goal of seeking out innovative technologies and businesses consistent with the company's global strategy.
SABIC picks Toyo for energy optimization project at Saudi ammonia plant
Toyo Engineering Corp. was awarded an energy optimization project for one of Saudi Basic Industries Corporation’s (SABIC) existing ammonia plant and package boilers at Al-Jubail Fertilizer Co. (Al-Bayroni) in the eastern region of Kingdom of Saudi Arabia.
Study says isobutanol-gasoline blends are superior to ethanol in small engines
In side by side performance, durability and emissions testing of small engines, gasoline blended with isobutanol performed better than blends using ethanol, according to new research from renewable chemicals and advanced biofuels firm Gevo. The results demonstrated that unlike ethanol, blends incorporating isobutanol do not cause any irregular or unstable engine or performance issues.
GT wins order for polysilicon production equipment, technology in Saudi Arabia
GT Advanced Technologies has received a $47.7 million order for polysilicon production equipment and technology from Polysilicon Technology Co. (PTC), a company based in the Kingdom of Saudi Arabia. The new contract continues a technology agreement with PTC that was first signed in 2009.
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- Emerson announces major advancements to AspenTech's Inmation OT Data Fabric 5/13
- UPM acquires bio-based MEG and MPG technologies from Avantium 5/13
- Synhelion fuels first construction machine with renewable diesel 5/13
- SWISS and Metafuels partner to promote and scale SAF production 5/13
- Vietnam state oil company urges U.S. Navy to allow tanker through blockade 5/13
