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Middle East

ISA publishes second edition of Alarm Management: A Comprehensive Guide

The International Society of Automation (ISA) announces the publication of Alarm Management: A Comprehensive Guide, Second Edition, by Bill Hollifield and Eddie Habibi.

Fluor named project management consultant for new refinery in Turkey

SOCAR & TURCAS Rafineri A.S. (STRAS) has awarded Fluor a project management consultant (PMC) contract for a new refinery to be built in Aliaga, Turkey.

Chevron’s budget for next year is $26 billion

Chevron has announced a $26 billion capital and exploratory spending program for 2011. Included in the 2011 program are $2 billion of expenditures by affiliates, which do not require cash outlays by Chevron. Acquisition costs associated with the recently announced purchase of Atlas Energy are not included.

Shell Global Solutions licenses technology to Iraqi refinery

Shell Global Solutions recently signed three license agreements with the state-owned North Refineries Company of Iraq for downstream activities in Kirkuk, Iraq.

Arkema to buy some of Total's specialty chemicals businesses

Arkema plans to buy the coatings resins (Cray Valley and Cook Composite Polymers) and photocure resins (Sartomer) businesses of Total’s Specialty Chemicals section for a €550M enterprise value.

Shell Global Solutions wants to help refiners manage sulfur levels

Shell Global Solutions launched a sulfur technology platform at the European Refining Technology Conference (ERTC) Annual Meeting in Istanbul, Turkey.

Merichem introduces product to sweeten mercaptans in jet fuel

Merichem has launched MERICAT J, a next-generation technology to remove heavy mercaptans in jet fuel, kerosene and other middle distillate streams.

Technip awarded major contract in Algeria

Technip has been awarded by Sonatrach, the Algerian national oil company, a contract for the refurbishment and revamping of the Algiers refinery.

SABIC building a plastics applications development center at Saudi university

The Saudi Basic Industries Corp. (SABIC) has signed a construction contract with El Seif Engineering Contracting to build a new SABIC plastics application development center (SPADC) at the Riyadh Techno Valley research complex inside the King Saud University (KSU) campus in Saudi Arabia.

ABB obtains Baldor Electric and expands industrial motion presence

ABB will acquire Baldor Electric in an all-cash transaction valued at approximately $4.2 billion, including $1.1 billion of net debt. Under the terms of the definitive agreement, ABB will commence a tender offer to purchase all of Baldor’s outstanding shares for $63.50 per share in cash.