ExxonMobil to invest 750 mln usd
ExxonMobil Corp is to invest 750 mln usd this year to develop the Sakhalin-I oil and gas field located north of Japan.
Vietnam spreads project investment
A $360 million fertilizer plant project at Phu My, Baria Vun-Tau Province, Vietnam should be ready for operation in 2004.
Lincoln Electric achieves certification
The Lincoln Electric Company announced that its welding consumables manufacturing facility in Mentor, Ohio, has been certified to ISO 14001, an international standard for environmental management tools and systems.
Apache oil discovery
Apache Corporation announced a 5,103 barrel-per-day oil discovery, the Selkit-1X, on its 2.3-million-acre greater Khalda Concession in Egypt's Western Desert.
CB&I awarded agreement
CBI/ST Limited, a subsidiary of Chicago Bridge & Iron Company N.V., has been awarded a three-year contract by the Alliance Refining Company Limited (ARC) of Rayong Province, Thailand to maintain its refineries and associated marine terminals at its North and South Production Units.