Europe
Total sells stake in Spanish company to Abu Dhabi entity
Total and IPIC have signed an agreement whereby Total will sell its 48.83% share in the capital of CEPSA. IPIC, a wholly owned entity of the Abu Dhabi government, is currently a shareholder of CEPSA with a stake of 47.06%.
New technology for removal of carbon dioxide from natural gas
The Japanese companies JGC Corp. and I NPEX Corp. jointly with BASF SE have successfully completed tests of a new technology for the removal of carbon dioxide (CO2) from natural gas under high pressure.
Mubarak exits stage right
What will this mean for IOCs doing business in the region?
Honeywell forms new advanced solutions business
Honeywell has formed a new business focused on providing advanced open software and services to the process industries. By integrating the open connectivity and broad platform capability of its Matrikon acquisition with its applications and solutions business, Honeywell’s new business can deliver a breadth of solutions.
Merger in the process analyzer business segment
Laboratory analysis systems company Metrohm has joined together with Applikon, a producer of process analyzers.
ECS implementation makes a difference at Beaumont plant
Invensys Operations Management has successfully implemented an InFusion enterprise control system (ECS) for ExxonMobil Lubricants and Specialties. Through a joint Invensys and ExxonMobil team effort, the installation was successfully completed and the plant was back to full production on schedule with no safety incidents.
New licensing agreement makes a wastewater splash
GE has completed a new expanded licensing agreement that will allow the company to continue offering high-efficiency reverse osmosis (HERO) systems to help more of its industrial customers increase their water usage efficiency and reuse capacity as the international community works to address mounting shortages of clean water.
New valve automation center in Aberdeen
Severn Glocon has opened a new valve automation center in Aberdeen, Scotland, building on the company’s engineering experience in the design, supply and maintenance of valve and actuator products through its Severn Ball Valves and Severn Unival divisions.
Jacobs acquires most of Aker Solutions' construction business
Jacobs Engineering Group Inc. has completed the acquisition of a number of Aker Solutions' operations within its process and construction (P&C) business area.
Slurry-phase hydrocracking—possible solution to refining margins
Opportunity crudes require more hydrogen addition to upgrade orphan product streams into higher-value ‘clean’ products
- 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
