Engineering & Design

Maire Tecnimont acquires the majority stake of Conser

Maire Tecnimont announceD that, through its subsidiary NextChem, it is expanding into the high-value derivates and biodegradable plastic by-products licensing markets with the acquisition of an 83,5% stake of Conser.

Technip Energies unveils sail away of bp Greater Tortue Ahmeyim FPSO

The FPSO will serve GTA Phase 1 site on the maritime border of Mauritania and Senegal. The floating facility measures 270 meters in length, 54 meters in width and 31.5 meters in depth.

Nuberg EPC wins 550 TPD sulfuric acid plant project in Czech Republic

Sulfuric Acid produced by the 550 TPD sulfuric acid plant project in Czech Republic will be used for petrochemical and fertilizer based applications.

Aramco announces launch of Aramco Trading Americas

Aramco announced the 100% acquisition of Motiva Trading by the Aramco Trading Company and the launch of Aramco Trading Americas LLC , a wholly-owned subsidiary of ATC based in Houston, Texas.

Babcock & Wilcox win contract to support Phillips 66 carbon capture project in U.K.

Babcock & Wilcox announced that its B&W Environmental segment has been awarded a contract by Phillips 66 Limited to design a flue gas pre-treatment technology upstream from a planned CO2 capture system on the Phillips 66 Limited Humber Refinery’s Fluid Catalytic Cracker.

Neste completes acquisition of business from Crimson Renewable Energy in the U.S.

In November 2022, Neste announced that it would acquire the used cooking oil (UCO) collection and aggregation business and related assets on the U.S. West Coast from Crimson Renewable Energy Holdings.

Clean Energy Marine Hubs Initiative gains momentum at Ministerial energy meeting

IRENA will continue to expand its collaboration with ICS and partners in the shipping sector to further strengthen the CEM Hubs initiative and accelerate the use of renewables-based fuels in the shipping and other end-use sectors.

BASF breaks ground on MDI capacity expansion project at Geismar site

BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate expansion project at its Verbund site in Geismar, Louisiana.

Maire Tecnimont signs already announced $1.3 B EPC petrochemical contract

The $1.3 B EPC Lump Sum contract, already announced on December 21, 2022, is part of this complex and has been awarded to Tecnimont by a Joint Venture composed of QatarEnergy and Chevron Phillips Chemical.

Phillips 66 to acquire publicly held common units of DCP Midstream, LP

Phillips 66 and DCP Midstream, LP announced that they have entered into a definitive agreement pursuant to which Phillips 66 will acquire all of the publicly held common units representing limited partner interests in DCP Midstream for cash consideration of $41.75 per common unit.