Rosneft acquired Essar Oil in a $12.9bln agreement
Rosneft completes the signing of the Sale and Purchase Agreement for a 49% stake in Essar Oil Limited from Essar Energy Holdings Limited and its affiliates. …
End-User Industries
Two big updates from Eni in Asia, Africa
Eni announces that the first batch of export crude oil has been shipped from the onshore processing plant of the giant Kashagan oil field, that recently …
China goverment is reportedly building a $100bln-revenue chemical giant
Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertiliser and oil giant …
Technip got two contracts by DEA Norge and Petronas
Technip has been awarded two important contracts in North Sea and in South Asia. The first one is an EPCI contract for the subsea development of the Dvalin …
Voith got a €11mln supply contract in South Africa
Voith received orders for modernizing three generators of the South African pumped storage power plant Drakensberg. The order covers manufacture, installation …
Over political détente, Russia and Turkey could greenlight TurkStream project next week
Turkey and Russia aim to finalize an agreement on the TurkStream natural gas pipeline project during a meeting between Turkish President Tayyip Erdogan and his …
French Suez got a big wastewater treatment project in Mumbai
The Municipal Corporation of Greater Mumbai (MCGM) has awarded Suez the contract to design and build the Colaba Wastewater Treatment facility as part of a …
GPS PE won two supply contracts for more than €1mln value in Great Britain
Pipe manufacturer, GPS PE Pipe Systems, has won two new contracts to supply a range of its PE pipe systems to Thames Water for major AMP6 schemes, for a total …
SapuraKencana won $215mln-worth contracts in south-east Asia
The Malaysian oilfield services company SapuraKencana has awarded three contracts in the South-Eastern Asia. The first one is related to the B127 Cluster …
Petronas is reportedly trying to divest in a huge LNG project
Malaysian state oil firm Petroliam Nasional Bhd is considering selling its majority stake in a $27 billion Canadian liquefied natural gas (LNG) plant, three …