BASF is further strengthening its production footprint in Asia Pacific with the start-up of its first production plant for polymer dispersions in Pasir Gudang, Malaysia. This production plant is built at the existing BASF production site, located in the Pasir Gudang Industrial Park of the Johor Free Trade Zone.
Eni, Vitol and Ghana National Petroleum Corporation (GNPC) signed today with the President of the Republic of Ghana, John Dramani Mahama, and the Minister of Petroleum, Emmanuel Armah-Kofi Buah, the agreement to proceed with the OCTP integrated oil & gas project in Ghana. First oil is expected in 2017, first gas in 2018 and the peak production will be 80,000 boed in 2019.
KBR, Inc. (NYSE: KBR) announced today that it has been awarded a technical services agreement by Magnolia LNG LLC to provide cost verification and other services associated with the delivery of the Magnolia LNG export terminal project located in the Port of Lake Charles, Louisiana.
JGC Corporation announced today that, as a part of a consortium with JGC Group company, JGC Malaysia, it has been awarded a contract by PETRONAS LNG 9 Sdn. Bhd.(PL9SB), a wholly-owned subsidiary of PETRONAS. PETRONAS is Malaysia’s fully integrated oil and gas company.
China's rapid growth in nuclear energy is accelerating with the latest announcement that construction will start on five new nuclear plants is 2015 - this is in addition to the 26 already being built. And the country's Premier recently reiterated his call for nuclear firms to expand abroad.
Yara has awarded to Pöyry the Engineering, Procurement and Construction Management (EPCM) services assignment for a project aimed at increasing capacity of fertilizer production in Porsgrunn, Norway. Pöyry's scope of work includes engineering, procurement services, construction management services and the overall coordination and management of the project.
Petrofac, the international oil and gas services provider, has received an award notification for the first phase of Kuwait Oil Company’s (KOC) Lower Fars heavy oil development programme, which is located in the north of the country.
Aker Solutions will provide engineering, procurement and management assistance services for five years at the Statoil-operated Johan Sverdrup development in the Norwegian North Sea.
Chevron Corporation (NYSE: CVX) today announced its Australian subsidiaries have signed a binding Sales and Purchase Agreement (SPA) with SK LNG Trading Pte Ltd (SK). Under the SPA, SK LNG Trading, which is part of a leading industrial conglomerate in South Korea, will receive 4.15 million tons of LNG over a five-year period starting in 2017.
Dominion Virginia Power filed an application with the Virginia State Corporation Commission today to build Virginia's first large-scale solar facility. The 20-megawatt project would be built on approximately 125 acres of land owned by the company near the Remington Power Station in Fauquier County.