Chevron to buy $350 mln Texas refinery from Petrobras
Chevron announced that it has signed a Share Purchase Agreement with Petrobras America to acquire all the outstanding shares and equity interests of Pasadena …
End-User Industries
TechnipFMC awarded a large contract for ExxonMobil refinery expansion project in the USA
TechnipFMC has been awarded a large (between $500 million and $1 billion) reimbursable contract by ExxonMobil for detailed engineering, procurement, and …
Gazprom looks to attract $14 billion for Russia’s biggest gas processing plant
Gazprom is in discussions with banks as it looks to attract in 2020 project financing of $14 billion for the construction of its Amur gas processing plant, …
EnerQuip wins Middle East contract for containerised workshops
EnerQuip, a supplier of torque machine solutions, said it secured a US$850,000 contract to supply containerised workshops for a Kuwait-based oilfield service …
Snam: € 135 million EIB financing signed
Snam has signed a € 135 million financing with the European Investment Bank (EIB) for various projects aimed at replacing and modernizing some pipelines and …
Eni, OMV to pay $5.8 billion for Abu Dhabi Refining stakes
Eni and Austrian oil and gas producer OMV agreed to pay about $5.8 billion for a combined 35 percent stake in the Abu Dhabi state oil company’s refining …
World’s second largest natural gas plant gains anticorrosion coatings supplier
The Chinese licensee for the U.S.-based anticorrosion metal coatings manufacturer Greenkote PLC (Brook Park, Ohio, USA) won a contract to supply 1,200 tons …
Lukoil upgrades green power plant in Krasnodar
Lukoil continues to develop its potential in the generation of renewable energy. The company has commissioned a 24-megawatt hydroelectric power-generation unit …
Saipem: awarded two new offshore contracts from Saudi Aramco for a total of approximately 1.3 bn USD
Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of …
Shell appoints Wael Sawan as upstream director
Royal Dutch Shell today announces the appointment of Wael Sawan as Upstream Director with effect from 1st July 2019. In his new role, Wael will become a member …