Phillips 66 awarded a contract to Flowserve partner Charbonneau Industries
Phillips 66 awarded a contract to Charbonneau Industries for additional mainline valves for their C2G Ethane Pipeline System. The system connects the growing …
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Adnoc invests USD 245 million to upgrade main oil lines and Jebel Dhanna Terminal
Adnoc Onshore, a subsidiary of the Abu Dhabi National Oil Company (Adnoc), announced today, the award of two Engineering, Procurement, and Construction (EPC) …
Arako has new logotype, Rosatom moves to united brand
Since August 20, Czech valve manufacturer Arako, a member of the Rosatom group, is undergoing rebranding and changing its exiting logotype according to a new …
Iran’s oil industry attracts over USD 10 billion of investment in 5 months
Over USD 10 billion of investment has been made in Iran’s oil, gas and petrochemical industries during the first 5 months of the current Iranian calendar …
Aramco shelves USD20 billion petrochemical plan after oil’s crash
Saudi Aramco is shelving multi-billion-dollar petrochemical and gas projects as the state oil giant’s determination to preserve its dividend despite a crash …
MRO master distributor Industrial Valco acquires Beric Valves
Los Angeles-based master distributor Industrial Valco (IV), which specializes in MRO same-day distribution, has announced the purchase of Beric Valves, a …
Contract award for the Snøhvit Future project
On behalf of the Snøhvit Unit partners, Equinor has awarded Aibel a front-end engineering and design contract (FEED) for modification of the Hammerfest LNG …
Neptune Energy begins installing world’s longest heated production pipeline
Neptune Energy announced installation is underway of the world’s longest heated subsea production pipeline in the Norwegian sector of the North Sea. Once …
Pietro Fiorentini Group completes the acquisition of Fiorentini Gastechnik
On 27th July 2020, Pietro Fiorentini Group officially completed the acquisition of 100% of the shares of Fiorentini Gastechnik, an Austrian company in which …
Repsol invests in its plant in Tarragona to expand its polymer range
In 2021, Repsol will operate the first plant in the Iberian Peninsula that manufactures polymers with high resistance to impact. To produce these advanced …