Company News

Technip, Paris, France, has signed a letter of intent with Qatar Petroleum, ChevronPhillips Chemical Company LLC, Qatar Petrochemical Co. and Total Petrochemicals in view to execute an engineering, procurement and construction (EPC) contract worth above USD 800 million for the realization of an ethylene cracker located at Ras Laffan in Qatar.

Hindustan Petroleum Corp Ltd (HPCL), India, will double its Visakhapatnam (India) refinery capacity to 300,000 barrels per day in three years and has offered Saudi Aramco a stake in the expanded unit, the company’s chairman said.

BASF is increasing its production capacity for copolymers of vinyl chloride to 12,000 tons/year at its Ludwigshafen, Germany, site.

Technip (Paris) has been awarded, by Hovensa, a lump sum turnkey contract for a new hydro-treating unit to be located at its refinery in St. Croix, US Virgin Islands.

ONGC, India, is planning to expand the capacity of Mangalore Refineries and Petrochemicals Ltd (MRPL), India, to 15 million tonnes.

Italy’s Eni is planning to more than quadruple its liquefaction capacity by 2008, concentrating on new projects in North and West Africa as part of a wider strategic plan to strengthen the company’s presence in European gas markets and in the liquefied natural gas (LNG).

Shin-Etsu Chemical Company Ltd plans to expand its production capacity for methylcellulose in Japan and Germany.

Hydro has awarded Aker Kvaerner the contract for reconstruction of the Troll C platform in order to produce oil from the satellite field Fram East.

Hydro Polymers, the petrochemical sector of Hydro, is planning a NOK 700 million conversion of its existing diaphragm chlorine plant at Rafnes, Norway, to membrane technology.

Jacobs Engineering Group Inc. has announced that a subsidiary company received a contract from the B-A-R Honda Formula One team to design and construct a new aerodynamic wind tunnel...