USA: clean coal
Cleco Corp.’s electric utility subsidiary, Cleco Power, has announced the construction of a new generating unit incorporating Clean-Coal Technology.
China: pipeline
A private Chinese company plans to build the country’s first oil pipeline to Russia underscoring growing Chinese interest in tapping Siberian petroleum resources.
Vietnam: stainless steel plant
Vietnam has given approval to a Taiwan company to build a USD 650 million stainless steel factory in the province of Ba Ria Vung Tau.
USA: new 2000 horsepower land rigs
Rowan Co., has announced that it has been awarded term drilling contracts from three different operators covering six new LEWCO/SourceOne land rigs.
Precision Castparts aquires
Precision Castparts Corp. (PCC) has entered into a definitive agreement to acquire Special Metals Corp. (SMC), for USD 540 million in cash, including the repayment of SMC’s outstanding debt.
India: petrochemicals plant
Reliance Industries Ltd (RIL) will be investing in its Hazira petrochemicals plant within the next year.
UK: underground gas storage facilities
E.ON (UK) is to build one of the UK’s largest underground gas storage facilities after it acquired a company from ScottishPower that had gained full planning permission to develop the site.
USA: drinking water treatment plant
Zenon Environmental has received a purchase order for its first drinking water treatment plant in New York State:
Saudi Arabia: petrochemical complex
Fluor Corporation has been awarded a contract by Saudi Arabia’s Project Management & Development Company Ltd (PMD) to provide front-end engineering and design and project management consultancy services for the USD 3.5 billion Jubail petrochemicals complex.
The Netherlands: offshore wind-farm
Shell and Dutch energy company Nuon have signed the final contracts for their joint realisation of the first Dutch offshore wind farm, located at Egmond aan Zee, 10 miles outside the Dutch coast.