Project Management
Foster Wheeler wins design, EPC contract for Thailand refinery upgrade
Thai Oil awarded a contract to Foster Wheeler AG for basic design as well as engineering, procurement and construction management (EPCm) services for the emission improvement and PSA-3 project at Thai Oil’s refinery in Sriracha, Thailand.
ExxonMobil begins drilling, construction on Texas oil recovery project
ExxonMobil said on Tuesday that drilling and construction have started on an enhanced oil recovery project at the Means field in Andrews County, Texas. The first phase of the project has the potential to recover as much as 5mn barrels of additional oil, an amount equal to the annual energy needs of about 170,000 Texas households.
Technip awarded €55mn contract from Statoil for Norway subsea project
France-based engineering firm Technip was awarded a €55mn contract from Statoil for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220-310 meters.
Fluor reports record backlog of orders, sees new Q1 projects nearly double from 2010
Fluor reported a record backlog of orders on Friday, saying that new project awards in the company’s first quarter nearly doubled year-earlier levels. The US-based contractor noted the growth in orders as part of its first-quarter earnings, which saw profit climb 2.3% to $140mn amid strength in the company’s industrial and infrastructure business.
Technip awarded engineering contract for Australia gas complex
Technip was awarded a reimbursable contract for engineering work and services related to procurement and construction management for the Macedon gas project located near Onslow in northwest Australia.
Saudi Aramco chooses SNC-Lavalin JV for five-year engineering, project management deal
State-owned oil company Saudi Aramco has chosen SNC-Lavalin, together with its Saudi Arabian 50/50 joint venture partner The Zuhair Fayez Partnership, to perform general engineering and project management services (GES+) under a five-year reimbursable contract.
Construction markets show promise, poised for second-half recovery – Foster Wheeler
Global engineering and construction (E&C) markets are showing signs of strengthening, with industry revenues likely to rise in the second half of 2011, the interim chief executive of contractor Foster Wheeler said on Tuesday.
Foster Wheeler promotes Nield to vice president of project risk management group
Global engineering and construction contractor Foster Wheeler announced that Jon Nield, 47, has been promoted to vice president of the company’s project risk management group (PMRG), effective immediately.
Siemens wins supply contracts for topside solutions on FPSO project in Brazil
Siemens Energy has been awarded several contracts for the supply of topside solutions including power generation, water injection and power distribution packages for a Brazilian FPSO (floating, production, storage and offloading) project.
Avoid costly engineering faults, missteps and miscalculations
Experience does count, especially in achieving success in capital and revamp projects
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
