Velan will have a non-Velan-family CEO
Tom Velan, Chairman of the Board and CEO of Velan Inc., announced his plan to retire from his CEO position, effective March 1st, 2017. On that date, Yves …
News
Chevron will upgrade the giant Tengiz field in Kazakhstan
Chevron Corporation announced in a statement that its 50 percent owned affiliate, Tengizchevroil, will proceed with the development of its Future Growth and …
INEOS will upgrade the Hull plant in Scotland
INEOS Oxide is today announcing a multi-million pound expansion of its Hull manufacturing facility to increase production of Ethyl Acetate (EtAc) by 100,000 …
Triad valves got a “large” order of series 700 butterfly valves
A large US industrial equipment manufacturer that submerges their product in a phosphate wash prior to painting, has chosen the Triad Series 700 Butterfly …
Essar Projects got a major contract for oil pipeline replacement in India
Essar Projects, a leading Engineering Procurement & Construction (EPC) company, announced on Jul, 5th that it has bagged the contract for replacing 141 km …
Technip/FMC merger greelit by US Antitrust regulators
Technip amd FMC Technologies, Inc. announced that the pending merger transaction between the companies has received an early decision from the United States …
Exxon and Qatar Petroleum are reportedly trying to acquire stakes from Eni and Anadarko in Mozambique
According to Worldoil, Exxon Mobil Corp. and Qatar Petroleum have teamed up to look at energy assets in Mozambique, home to some of the biggest natural gas …
Exxon discovered the Liza-2 field
According to Forbes, Exxon made a big discovery at its new well offshore Guyana, called Liza-2. It builds on the success of 2015’s Liza-1. At Exxon’s …
DeepWell has secured a €100mln contract with Statoil in North Sea
DeepWell has secured a long-term contract for the provision of mechanical wireline services to Statoil. The contract value for the firm period, including …
China and Mongolia put on hold a 315-MW hydro plan on environmental concerns
Chinese and Mongolian institutions have announced they have placed a temporary hold on constructing the proposed 315-MW Egiin Gol hydroelectric project on the …