Iran oil deal
European majors, including Royal Dutch/Shell, may join a USD 2 billion Japan-led project to develop Iran’s Azadegan oilfield, a Japanese official has said.
PBT production in Asia
BASF Aktiengesellschaft, Ludwigshafen, Germany, and Toray Industries Inc., Tokyo, Japan, have agreed to form a 50-50 joint venture for the production of polybutylene terephthalate (PBT) base resin to supply the rapidly growing Asian market for this engineering plastic.
USA: Westinghouse wins Omaha contract
Westinghouse Electric Company is to design and manufacture a rapid refuelling package and install a replacement nuclear reactor vessel head at a plant owned by Omaha Public Power District.
Petrobras sets up natural gas joint venture
Petrobras has announced the signing of a deal with local industrial group White Martins to form a natural gas company.
Mitsubishi to build Indonesia power plant
Indonesia's state electricity company has awarded a contract to Mitsubishi Heavy Industries Ltd to build a gas-fired power plant.