Project Management
Foster Wheeler to study refinery modernization project in Albania
Foster Wheeler was awarded a feasibility study by Albanian Refining & Marketing of Oil sh.a. (ARMO) relating to the modernization of two refineries, located at Ballsh and Fier in Albania. The study is expected to be completed by mid-2012, and its contract value was not disclosed.
Shell, ORTEC form alliance on technical consulting
Shell and ORTEC formed a global cooperation alliance, focusing on the optimization of supply chain processes and strategic decision making in up - and downstream engineering disciplines like planning & scheduling, gas field production capacity optimization, spare parts management, and cost estimating.
Toyo lands engineering, construction deal on China caprolactam venture
Toyo Engineering Corp. has been awarded a contract for a caprolactam plant for DSM Nanjing Chemical (DNCC), a joint venture company between Royal DSM and Sinopec. After the completion of the new project, DNCC will become the largest caprolactam producer in the world with 400,000 tpy of capacity.
CB&I awarded oil sands expansion work in Canada
CB&I has won a contract, valued in excess of $750 million, by Imperial Oil Resources for work on its Kearl expansion project in Alberta, Canada. Work scope includes the engineering, procurement and module assembly and construction of a second bitumen extraction plant.
Foster Wheeler lands engineering deal for Petron refinery upgrade in Philippines
Foster Wheeler says it has been awarded a contract by Petron for the company’s refinery upgrading project in Bataan, Philippines. The delayed coker unit will have a design capacity of 37,500 bbl per stream day and is a key part of the refinery upgrade.
UAE, China ink energy cooperation agreements
United Arab Emirates said Tuesday that its Abu Dhabi National Oil Co., or ADNOC, signed an energy cooperation agreement with China National Petroleum Corp., or CNPC. The agreement aims to enhance cooperation in areas such as petrochemicals, technical services, engineering and construction services.
Shell picks Jacobs to engineer tunnels project for German refineries
Jacobs Engineering Group was awarded a contract from Shell to provide project management and engineering, procurement, and construction management (EPCm) services to support a tunnels project for refineries in Rhineland, Germany.
Technip wins design deal on BP China PTA venture
Technip was awarded a services contract by BP Zhuhai Chemical Co., a joint venture of BP and Zhuhai Port Co., for the front-end design of a new world-scale purified terephthalic acid (PTA) plant at their site in Guangdong Province, China.
Technip extends subsea services pact with Statoil
France-based engineering major Technip was awarded a two-year extension within its Statoil frame contract for diving, pipeline repair, contingency and modification services. The yearly revenue under the contract is expected to be in the range of €50-80 million.
KBR awarded construction deal on ExxonMobil lube base stock plant in Texas
KBR said Thursday it was awarded a construction contract for ExxonMobil’s new synthetics lubricant base stock facility to be built at ExxonMobil’s refinery and chemical plant complex in Baytown, Texas. The award came from Technip USA, the prime contractor responsible for EPC on the project.
- Valero Energy Q4 profit beats estimates; shares surge 1/30
- Dow launches "Transform to Outperform" to raise the competitive industry benchmark for productivity and growth to enable improved returns 1/30
- Russian oil refineries' peak maintenance expected in January and September 1/30
- U.S. lifts some Venezuela sanctions to ease oil sales 1/30
- Keppel, Aster plan sustainable aviation fuel project in Singapore 1/30
- Boeing, Israel's Technion to develop sustainable aviation fuel, as sector grapples with 2050 goal 1/30
