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Project Management

Maire Tecnimont acquires the majority stake of Conser

Maire Tecnimont announceD that, through its subsidiary NextChem, it is expanding into the high-value derivates and biodegradable plastic by-products licensing markets with the acquisition of an 83,5% stake of Conser.

Technip Energies unveils sail away of bp Greater Tortue Ahmeyim FPSO

The FPSO will serve GTA Phase 1 site on the maritime border of Mauritania and Senegal. The floating facility measures 270 meters in length, 54 meters in width and 31.5 meters in depth.

Kuwait's Al Zour offers more low-sulfur fuel oil for February-April

Kuwait has issued a tender offering three low-sulfur fuel oil (LSFO) cargoes for loading between February and April from its Al Zour refinery, industry sources said this week.

TA’ZIZ and Proman sign shareholders’ agreement to develop UAE’s first methanol facility

The facility has an anticipated annual capacity of up to 1.8 MMt and will meet growing domestic and international demand for this clean and versatile chemical commodity.

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.

Chevron readies next naphtha delivery to Venezuela joint venture

Chevron Corp has shipped its next cargo of heavy naphtha to an oil project it shares with Venezuelan state-run company PDVSA, according to a shipping document, data and sources.

TA’ZIZ progresses with low-carbon ammonia shareholder agreement

The facility will reinforce Abu Dhabi’s position as a leader in low-carbon fuels and capitalize on the growing demand for low-carbon ammonia as a carrier fuel for clean hydrogen.

Montfort wins bid for Uniper's marine fuels oil refinery in UAE

Montfort has emerged as the top bidder for Uniper Energy's oil refinery in the UAE that produces low-sulfur fuel oil for the shipping industry, multiple sources familiar with the matter said this week.

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.