BP signs Crazy Horse Hull contract
BP has signed a Letter of Intent with Daewoo Shipbuilding & Marine Engineering Company, Ltd of South Korea for detailed design, fabrication and transport of a semi-submersible unit for the Crazy Horse project in the Gulf of Mexico.
Germany and China undertake joint venture
Shanghai Krupp Stainless Co. Ltd (SKS) began production on 2 November 2001, with a range of cold-rolled stainless steel products.
Posco local area heated with plant waste-heat
Posco has succeeded in developing the first domestic use of heat generated from industrial sites as a source to heat local areas.
Foster Wheeler wins Nigerian project
Foster Wheeler Ltd. has announced that its subsidiaries in the UK and Nigeria have been awarded a USD 20 million, front-end engineering and design (FEED) contract by Chevron Nigeria Ltd (CNL) for a gas-to-liquids (GTL) project.
Vietnamese gas-to-power
Three planned gas-to-power projects in Southern Vietnam will require USD 5.5 billion in investments during the next six years, a senior executive from Vietnam Oil & Gas Co., or PetroVietnam, has said.