South Pars enters final bidding stage
Iran will hold its last negotiating session with the two final bidders for phases 9 and 10 of the South Pars gas field in Tehran later this week.
Thailand power plant
ITE Electric Co Ltd has said its associate Industrial Power Technology Pte Ltd has secured a contract worth about USD 3 million from Buo Sommai Rice Mill Company Ltd for the construction of a rice husk-fired power plant in Thailand. It gave no other details.
HHI to build Israeli power plant
South Korea's Hyundai Heavy Industries Co. (HHI) has been awarded a construction order from Israel's Noga Paz Omega to build power plant facilities worth about USD 20 million.
Subsea production system for Statoil
FMC Technologies Inc. has announced that a unit of its FMC Energy Systems business has been awarded a contract to provide a complete subsea production system for a Statoil project in the North Sea.
Praxair and Air Liquide in Chinese venture
Industrial gas suppliers Air Liquide and Praxair plan to invest USD 100 million by 2005 in a venture supplying gas to a mammoth Shanghai chemical industry park.