Velan is awarded two major contracts worth a total of US$63 million
In past weeks, two of Velan’s subsidiaries, Velan ABV Srl and Velan SAS, have secured contracts with a total value of US$63 million. The first, the extension …
Featured
Fluor confirms appointment of Carlos Hernandez as CEO
Fluor Corporation announced yesterday that its board of directors has confirmed the appointment of Carlos M. Hernandez as chief executive officer (CEO) and …
Final investment decision reached by ExxonMobil for the Baytown expansion project
Maire Tecnimont announced that ExxonMobil has reached its final investment decision with respect to the construction of an expansion project at the …
Houston industrial valve company opens new headquarters building
AIV, a global distributor of valves and actuators, and sister company Gulf Coast Modification have opened a new headquarters near Telge Road and U.S. 290 in …
Brooge Petroleum to build 250,000bpd IMO-compliant oil refinery in Fujairah
The UAEs’ Brooge Petroleum and Gas Investment Co (BPGIC) has announced plans to set up an oil refinery to produce bunker fuel with a capacity of 250,000 …
Global energy investment stabilised above USD 1.8 trillion in 2018
Global energy investment stabilised in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while …
World’s largest methanol plant in Iran ready for startup
The world’s largest methanol production plant in Iran’s southern Bushehr Province is ready to come on-stream. Built by the private sector, this plant is …
Rosatom expects foreign business income to double by 2024
According to a transcript of their conversation published by Medvedev’s office, Likhachov also said the “open part” of Rosatom’s revenue had …
Bosch Rexroth’s Subsea Valve Actuator receives award at OTC 2019
Bosch Rexroth’s innovative new Subsea Valve Actuator (SVA) received the Award of Merit as one of five finalists in the 2019 Woelfel Best Mechanical …
Craig International secures a new contract in the UK
Craig International has reinforced its position as a global market-leader in oil and gas procurement after reporting its best ever year in the US and securing …