Tag: company news

Murmansk pipeline memorandum

Lukoil, Sibneft, Yukos and Tyumen Oil Company (TNK) have signed a memorandum of mutual understanding to create an oil pipeline system to transport oil through an oil terminal close to Murmansk.

Ammonia plant bids

Chilean explosives company Enaex could call for bids in March 2003 for the construction of a USD 120–130 million ammonia plant at Mejillones in Chile's Region II, Enaex CEO Camilo Sandoval has said.

B&W wins contract for Coleson Cove

Babcock & Wilcox Canada Ltd, a wholly owned subsidiary of the Babcock & Wilcox Company, has been awarded a contract worth more than USD 280 million (CDN) as part of the refurbishment of NB Power's Coleson Cove Generating Station in New Brunswick.

LNG plant in Equatorial Guinea

Marathon Oil Company has awarded a front-end engineering and design contract to Bechtel Corporation for the company's planned phase 3 expansion project in Equatorial Guinea.

ConocoPhillips investments

ConocoPhillips has approved a USD 6.6 billion capital budget for 2003.

Faeroese oil find

On the Faeroe Islands expectations of having an oil industry in future are growing after a new discovery in the British sector of the sea area.

Gas plants for Nigeria

Nigeria's National Oil and Chemical Marketing Plc (NOLCHEM) has concluded plans to build four liquefied petroleum gas (LPG) plants in different parts of the country.

Membrane expansion

NATCO Group Inc. has agreed with Kinder Morgan CO2 Company LP to more than double the capacity of its CO2 membrane separation facility in the SACROC field.

Iscor shares soar on news of LNM offer

Steel producer Iscor confirmed yesterday that it has received an offer from LNM Holdings NV

ChevronTexaco files to build US LNG facility

ChevronTexaco has submitted an application with the US Department of Transportation (DOT) to build a US Gulf Coast liquefied natural gas terminal.