Tag: project

Khartoum power plant

Daar Ikhtisas Company (Malaysia) will construct a 257mw power plant in Khartoum (Sudan).

Grimsby pharma expansion

A subsidiary of Jacobs Engineering Group Inc. has won a contract for the expansion of existing Novartis facilities in Grimsby, UK.

Unocal shifts to deepwater and development

Unocal Corporation says it expects capital expenditures for 2002 of approximately USD 1.7 billion, essentially unchanged from 2001.

Floating LNG plant

Ishikawajima-Harima Heavy Industries Co Ltd (IHI) plans to build the world's first floating liquefied natural gas (LNG) plant, according to a Japanese daily.

Daewoo wins gas project

Daewoo Engineering and Construction has won a deal from Nigerian-Agip Oil Company to engage in two gas plant projects for US$80.07 million.

ABB signs for ethylene project in China

ABB said has signed an order for approximately USD 200 million with Shanghai SECCO Petrochemical Company for part of a new USD 2.7 billion petrochemical complex in China.

European steel merger approved

European Commission regulators have given the go-ahead for the combination of Usinor (France), Arbed (Luxembourg), and Aceralia (Spain) to form the world’s largest steel maker, which would topple Nippon (Japan) from the number one spot.

East China Sea gas venture

China's CNOOC Ltd and Sinopec plan to start developing one of China's largest offshore natural gas fields next year - with or without foreign help.

Stolt Offshore in Nigerian contract

Stolt Offshore SA has announced the award of a contract from Shell Petroleum Development Company (SPDC) in Nigeria for the ForcadosYokri offshore development in the Niger Delta.

Sandvik’s acquisition of Walter AG approved

On 7 September 2001 Sandvik announced in a press release that the Group had reached an agreement with the principal owners of Walter AG, Germany, regarding the acquisition of shares resulting in a controlling interest in the company.