Petrochemical Projects News
Foster Wheeler AG announced today that Foster Wheeler USA Corporation, a subsidiary of its Global Engineering and Construction Group, has signed a collaboration agreement with Tecnimont USA Inc., a subsidiary of Maire Tecnimont S.p.A., for front-end engineering (FEED) design, detailed engineering, procurement and construction (EPC) of petrochemicals, chemicals and fertilizer facilities
Fluor Corporation (NYSE: FLR) announced today its joint venture team was selected by Kuwait National Petroleum Company (KNPC) as the preferred bidder to design, construct and commission the Mina Abdullah Package 2 Clean Fuels Project in southern Kuwait. Fluor expects to book its undisclosed portion of the project value in the company’s first quarter of 2014.
Petrofac, the international oil and gas services provider, leading a joint venture with Korean based Samsung Engineering Co Ltd (Samsung) and CB&I Nederland BV (CB&I) has received an award notification for Kuwait National Petroleum Company's (KNPC) Clean Fuels Project, Mina Abdulla (MAB1) refinery in Kuwait.
Metso has received significant orders for its Neles® and Jamesbury® valves from Sadara Chemical Company (Sadara), a joint venture between Saudi Arabian Oil Company (Saudi Aramco) and The Dow Chemical Company. The valves will be delivered for Sadara’s fully integrated chemicals complex currently under construction in Al Jubail, Saudi Arabia. Metso received these orders during 2013.
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction (E&C) Group has been awarded a contract by STAR Rafineri A.Ş., a subsidiary of SOCAR Turkey, for project management consultancy (PMC) services for its grassroots Aegean Refinery to be built within the Petkim Petrokimya A.Ş. (PETKİM) facilities at Aliağa, Turkey.
BP announced today all of the major new units associated with the Whiting modernization project have been successfully brought on stream. The start-up of the new 102,000 barrel per day coker in mid-November marked the last major milestone of the multi-year, multi-billion dollar modernization project at the facility in Northwest Indiana.
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract for two Terrace Wall™ hydrogen reformers by GS Engineering & Construction Corporation, which is acting on behalf of the engineering, procurement and construction (EPC) consortium for the US$9 billion Nghi Son Refinery and Petrochemical (NSRP) complex
Commissioning of new, state-of-the-art coker marks final major milestone in refinery upgrading project designed to create $1 billion per annum of additional future operating cash flow
CB&I (NYSE: CBI) announced today it has been awarded a contract valued at approximately $1 billion by Ingleside Ethylene LLC, a joint venture between Occidental Chemical Corporation (OxyChem), a subsidiary of Occidental Petroleum Corporation (NYSE:OXY), and Mexichem, S.A.B. de C.V. (Mexichem)
Petrofac, the international oil and gas services provider, in a 50/50 joint venture with Korean based Daelim Industrial Co Ltd (Daelim) has been awarded a 36 month Engineering, Procurement and Construction (EPC) contract by Oman Oil Refineries and Petroleum Industries Company (ORPIC). The contract value is US$2.1 billion.