Europe
Marathon Oil, Nexen sign deal to jointly explore Poland shale play
Marathon Oil said it signed an agreement with a wholly-owned subsidiary of Nexen Inc., under which Nexen will acquire a 40% working interest in 10 of Marathon's concessions in Poland's Paleozoic shale play.
Clariant closes on acquisition of German catalysts company Süd-Chemie
Global specialty chemicals producer Clariant has completed the purchase of 96.15% of the shares in Germany-based catalysts firm Süd-Chemie from One Equity Partners and family shareholders.
BASF signs deal to acquire water treatment firm inge watertechnologies
BASF has signed an agreement with the investor group of Germany-based inge watertechnologies AG to acquire the company and its ultrafiltration membrane business.
Qatargas inks LNG supply deal with UK’s Centrica
Qatargas said it signed an agreement to supply liquefied natural gas (LNG) to Centrica, the largest UK supplier of gas to customers. Under the deal, Qatargas will deliver up to 2.4 million metric tons/year of LNG from the Qatargas 4 project to the UK Isle of Grain terminal for the next three years.
Survey shows majority of offshore workers proud of industry, would recommend to friend
Despite soaring oil costs, the one-year anniversary of the Deepwater Horizon rig explosion and political unrest in the headlines, a clear majority of offshore oil and gas workers say they are proud to work in the industry and would recommend it to a friend, according to a new survey conducted by engineering consulting firm NES Global.
UK engineering group Severn Glocon wins Queen’s Award for enterprise
UK-based engineering giant Severn Glocon Group has been awarded a prestigious Queen's Award for enterprise in the international trade category, recognising the group’s rapid international expansion that has seen export earnings increased by 141% in the past three years.
Total adds to solar portfolio with expanded Tenesol acquisition
Total signed an agreement with EDF ENR to acquire all of Tenesol’s operations, the France-based energy firm said. The deal excludes operations in the French overseas departments and territories, of which Total already owns 50%, it said.
Strong global petrochemical margins in early 2011 defy rapidly rising crude prices - study
The petrochemical industry enjoyed a strong start to 2011, defying the sharp rise in crude oil prices, according to a study from global consulting firm Nexant.
Statoil awards contract to Foster Wheeler for Snøhvit development project in Norway
Foster Wheeler announced today that a subsidiary of its global engineering and construction group has received a contract from Statoil Petroleum AS for the pre-front-end engineering (pre-FEED) for the Snøhvit future development project at Statoil’s Melkøya-based LNG facility on Melkøya Island.
John Zink, Coen affiliates agree to buy Hamworthy Combustion
Affiliates of John Zink Co. and Coen Co. have reached an agreement to acquire UK‐based Hamworthy Combustion Engineering Ltd. and U.S.‐based Hamworthy Combustion from subsidiaries of Citi Holdings.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
