Tag: project
BP to invest USD 8–9 billion in Azerbaijan
BP plans to invest USD 8–9 billion in Azerbaijan in the next four years, the head of the company’s Azeri operations said.
Plans for refinery in Vietnam
Vietnam is mulling plans to build a second oil refinery in its northern Thanh Hoa province, adding to capacity at a refinery now under construction in Dung Quat.
Kvaerner in offshore Nigeria contract
Kvaerner Oilfield Products has been awarded a USD 28 million contract from ABB Offshore Systems Inc. in Houston to manufacture and supply electro-hydraulic steel tube umbilicals and gas lift risers for the Bonga Project offshore Nigeria.
Magnolia Power Project
The Magnolia Power Project (MPP) will apply for certification to the California Energy Commission to begin the state licensing process for a 240mw electric generating unit to be constructed at Burbank Water and Power's (BWP) existing generating station complex in Burbank.
Norsk Hydro invests in Angola
Norsk Hydro is to invest more than NOK 1 billion on exploring for oil off the coast of the West African nation of Angola.
Nucor seeks acquisitions
Nucor Corp. plans to boost production to more than 20 million tons in the coming years through acquisitions and greenfield plant projects, Chief Executive Officer Daniel DiMicco has said.
Fluor wins offshore Chinese development project
Phillips Petroleum Company has selected Fluor Corporation Offshore Services Division to provide engineering services for the Bohai Bay Peng Lai 19-3 Phase II Development Project in the People's Republic of China.
BP Amoco invests in Caspian Sea
BP Amoco and its partners will spend billions of dollars on the construction of two huge natural gas and oil-drilling projects in the Caspian Sea.
Steel plant for Brazil
Brazilian steel maker Belgo Mineira plans to set up a steel plant in Corumba, Mato Grosso do Sul state, Brazil.
Joint venture in Western Australia
A Kellogg Brown & Root Joint Venture has signed a contract to provide engineering, procurement, and construction management services for one of Australia’s most important resource development projects, an LNG expansion on the Burrup Peninsula, Western Australia.
