Metso to supply Iran
Metso Panelboard will supply a MDF (Medium Density Fiberboard) production line to Jahad Tahghighat Group (JTG) in Iran.
Sakhalin 2 deal
Mitsui & Co., Mitsubishi Corp. and the Royal Dutch/Shell Group of the Netherlands have agreed to invest USD 10 billion over five years in a joint oil and gas development project in Russia, company officials have said.
China oilfield to build new rig
China Oilfield Services Ltd will build a new jack-up drilling rig expected to begin operations by the end of 2005.
TotalFinaElf in North Sea
TotalFinaElf SA will proceed with developing the fourth phase of its Nuggets offshore gas field in the UK's North Sea, the French oil company has said.
JGC wins Indonesian LNG project
BP has selected a consortium including Japan's JGC Corp. to develop its Tangguh liquefied natural gas project in the remote Indonesian province of Papua.