Tag: company news

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.

Metso to supply Chilean copper mine

Metso Minerals will supply a fluid bed dryer as a turn-key project to Codelco, the Chilean national mining company.

Yukos and Sibneft agree to merge

Yukos and Sibneft have agreed in principle to combine the two businesses in the largest-ever industrial transaction in Russia.

Mitsubishi to modernise gas plant

Mitsubishi and Sumatec Corporation Sdn. Bhd. of Malaysia will modernise a gas processing plant and a liquefied petroleum gas export terminal in Malaysia for Petronas Gas Berhad, a subsidiary of the Malaysian national oil company.

DuPont plans joint venture in China

DuPont Fluoroproducts is forming a joint venture with Zhonghao New Chemical Material Company and Changshu 3F Fluorochemical to manufacture hydrofluorocarbon blend refrigerants in China.

Croatian contracts

Joint venture company North Adriatic Offshore has won a EUR 38 million contract for the construction of five gas production platforms for oil and gas combine Inagip.

Chinese polypropylene (4/4)

Tecnimont (Italy) has won contracts to build three polypropylene plants.

Australian ammonia plant (2/4)

Burrup Fertilizers Pty Ltd has awarded a USD 300 million contract to Montreal-based SNC-Lavalin Inc.'s Australian subsidiary SNC-Lavalin (SA) Inc.