Sunoco, Carlyle in discussion for JV
Sunoco, Inc. has entered into exclusive discussions with The Carlyle Group, a global alternative asset manager, regarding a potential joint venture involving Sunoco's 330,000 barrel-per-day refinery in Philadelphia.If a transaction were to go through, Sunoco would contribute its Philadelphia refinery assets in exchange for a non-operating minority interest in the joint venture.
Nord Stream completes 2nd pipeline section
Nord Stream has completed the laying of the second section of the gas pipeline."By the end of 2012 upon completion of start-up and commissioning the section will be ready for supplying gas to Europe," the company said. Ethylene pipeline in Germany completed
Germany's long-delayed 400,000 tonne/year ethylene pipeline to connect BASF's petrochemicals hub at Ludwigshafen in Rhineland-Palatinate with chemical sites in Bavaria has been completed.
The 370km pipeline has been built in accordance with high technological standards, ensuring the safe and environmentally responsible shipment of ethylene.
Jacobs wins contract for chemical plant
Jacobs Engineering Group Inc. (JEC) was awarded a contract from Saudi Basic Industries Corporation (SABIC) to provide engineering, procurement, and construction management (EPCM) services to support the upgrade of an Olefins 4 plant at SABIC's petrochemical production complex in Geleen, The Netherlands.
INTECSEA awarded URF Design Engineering
McDermott has awarded INTECSEA the Design Engineering for the Ichthys Field Development project in the Browse Basin, offshore Western Australia.
Tata Steel secures deepwater contract
Tata Steel has been awarded an eight-figure US dollar contract to supply pipe for Enterprise Products Partners L.P.’s new crude oil export pipeline in the Gulf of Mexico’s Keathley Canyon area.