Tag: project

PSEG sells 2 retired coal sites to HRP

PSEG Power, a subsidiary of Public Service Enterprise Group (PSEG), announced the sale of the sites of its retired Hudson Generating Station in Jersey City/Secaucus and Mercer Generating Station in Hamilton Township to Hilco Redevelopment Partners (HRP), an operating company within Hilco Global.

TAP secures €3.9bn project financing

TAP successfully completed financial close in December 2018, securing €3.9bn, the largest project finance agreed for a European infrastructure project in 2018.

PetroNeft announces new CEO

PetroNeft, an oil & gas exploration and production company, announced the appointment of David Sturt as CEO. Mr. David Sturt, who has been a Non-Executive Director of the Company since 2016, will become CEO with effect from 25 March 2019.

Fives & Steel Dynamics ignite a preferred partnership

Fives, a global industrial engineering group, was awarded a contract by Steel Dynamics, Inc.

Woodside awards contracts for Scarborough Project

Woodside has awarded four contracts for front-end engineering design activities for the proposed Scarborough Project. The contracts are for engineering activities related to the upstream development’s floating production unit, the export trunkline and the subsea umbilical risers and flowlines.

Steel Dynamics announces senior leadership changes

Steel Dynamics, Inc. recently announced the addition of two new leadership positions, as well as other senior leadership changes.

INEOS chooses Antwerp for petrochemical investment

INEOS has announced that Antwerp, Belgium will be the location for its multi-billion Euro project for an ethane gas cracker and world-scale PDH unit in Europe.

DOE announces $88M for oil and gas recovery research

The U.S. Department of Energy’s (DOE’s) Office of Fossil Energy announced up to USD 88M in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs).

BP to expand its petrochemical presence in Korea

BP and Lotte have agreed a major expansion of production capacity at their joint venture Lotte BP Chemical Company Limited facility in Ulsan, South Korea The expansion is expected to add 100,000 tonnes a year (tpa) of acetic acid capacity by May 2019 through debottlenecking, and to double the current 200,000 tpa vinyl acetate monomer (VAM) capacity with the addition of a second VAM plant by the end of 2020.

Total starts up production of the Egina field

Total has started up production from the Egina field, located in around 1,600 meters of water depths, 150kms off the coast of Nigeria.