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Badra deal

22 February 2012

Petrofac has been given the green light by Iraq’s government for a near USD 330 million services contract at the Badra oilfield. The UK oilfield services giant is looking to build a large crude oil processing facility at the field close to the Iran border. Read more...

Coal-to-gas large-scale plant

22 February 2012

GreatPoint Energy has completed a USD 1.25 billion deal to build a large-scale plant for converting coal to natural gas in China. The project will use a process to treat coal with high heat and steam in a gasifier to convert it into natural gas, the article said. Read more...

Chemical complex

22 February 2012

The President of Uzbekistan Islam Karimov has approved sources of financing for construction of the Ustyurt Gas Chemical Complex in north-western Uzbekistan. In line with the resolution, the project with the cost of USD 4 billion will be financed due to loans of international financial institutions based on project financing at the size of USD 2.52 billion, resources of Uz-Kor GasChemical at the size of USD 1.41 billion and loan of the Fund for Reconstruction and Development of Uzbekistan – USD 100 million. Read more...

European taps and valves industry congress

22 February 2012

The European taps and valves industry congress will take place in Chantilly, 30km from Paris, from 3 to 5 May 2012. The congress is a major opportunity to learn, exchange and network. The European taps and valves industry congress will welcome Mrs Aurélie THOUET from the French Ministry of Health who will give an update on the latest work on drinking water. Read more...

Rotork supports offshore wind farm technology

22 February 2012

An offshore platform in the North Sea that is the first of its type to serve a power generating wind farm is home to fifty Rotork IQTPro intelligent electric valve actuators. The Borwin Alpha platform is the first offshore installation designed to convert AC power into high voltage direct current (HVDC) for onward transmission. Read more...

Subsea contract for the Tubular Bells development

21 February 2012

Technip awarded subsea contract for the Tubular Bells development in the Gulf of Mexico. Technip was awarded a lump sum contract by Hess Corp. for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf of Mexico at a water depth of approximately 4500ft. Read more...

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