Tag: company news
Indo-Iran pipeline via Pakistan
India's Reliance Industries Ltd and the National Iranian Oil Co. will sign a deal in 2003 for Iran to supply natural gas to India around three to four years later via a transnational pipeline.
Saudi gas projects hang in balance
Saudi gas projects hang delicately in the balance as the kingdom weighs difficult options to decide the fate of the USD 25 billion investment.
Umbilical factory in Angola
Technip-Coflexip has signed a joint venture agreement with Sonangol for the creation of a new company to manufacture subsea umbilicals.
Newmont expands Nevada gold mining
Newmont Mining Company (Denver, Colorado) is proceeding with several projects at its Nevada gold mining operations.
Pharma-Biotech expansion in Italy
Patheon Incorporated (Mississauga, Ontario, Canada) purchased the Ferentino, Italy, facility from Biomedica Foscama SpA in February 2002.
South Pars 4 & 5 operational next year
Managing Director of Pars Oil and Gas Company Asadollah Salehiforuz has said that operations for development of the phases 4 and 5 of South Pars gas field will start as of next year.