Across The Wire

  1. McDermott To Explore Strategic Alternatives For Lummus Technology
    9/20/2019

    McDermott International, Inc. (NYSE: MDR) today announced it recently received unsolicited approaches to acquire all or part of Lummus Technology, McDermott's industry-leading technology business, with valuation exceeding $2.5 billion

  2. Enterprise To Expand And Extend Acadian Gas Pipeline System In Louisiana
    9/19/2019

    Enterprise Products Partners L.P. (“Enterprise”) recently announced plans to expand and extend its Acadian natural gas system to deliver growing volumes of natural gas from the Haynesville Shale to the liquefied natural gas (“LNG”) market in South Louisiana

  3. Sulzer GTC Wins Award With SIBUR KSTOVO For Benzene Production Complex Modernization Project In Russia
    9/17/2019

    Sulzer GTC Technology has signed an agreement with JSC SIBUR-Neftehim (SIBUR) to provide its licensed pyrolysis gasoline (pygas) processing technologies, including design of the fractionation, first and second stage hydrotreating, aromatics extraction and thermal hydrodealkylation technologies for the modernization of a benzene production facility at SIBUR’s Kstovo olefins production plant near Nizhniy Novgorod, Russia

  4. Fujian Meide Taps Honeywell Technology To Monitor On-Purpose Propylene Production
    9/17/2019

    Honeywell today announced that Fujian Meide Petrochemical Co., Ltd. will use the Honeywell Process Reliability Advisor to provide prescriptive monitoring of its UOP C3 Oleflex™ unit in China

  5. GeoPark Announces Expansion Of Its Latin American Portfolio With New Low-Cost Exploration Acreage Added In Brazil
    9/12/2019

    GeoPark Limited (“GeoPark” or the “Company”), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chile and Ecuador, recently announced the expansion of its portfolio with four new exploration blocks in the Reconcavo and Potiguar basins in Brazil

  6. Fluor Completes Construction Contract For MEGlobal Project In Oyster Creek, Texas
    9/9/2019

    Fluor Corporation announced recently that it has successfully completed its mechanical construction scope of work on MEGlobal’s world-class ethylene glycol (EG) manufacturing facility in Oyster Creek, Texas

  7. Air Products Advances Gasification Growth Strategy Via New Syngas Project With Debang Group In Jiangsu Province, China
    9/9/2019

    Air Products (NYSE: APD) today announced a new joint venture (JV) with Debang Xinghua Technology Co., Ltd., a subsidiary of Jiangsu Debang Chemical Industrial Group Co., Ltd. ("Debang Group"), to build, own and operate a coal-to-syngas processing facility in Xuwei National Petrochemical Park, Lianyungang City, Jiangsu Province, China

  8. SOL: Sasol Limited: Lake Charles Chemicals Project (LCCP) Ethane Cracker Unit Achieves Beneficial Operation
    8/28/2019

    In our announcement of 26 August 2019, we confirmed that the 72-hours beneficial operation production test run on the LCCP's Ethane Cracker was at the halfway mark. This test run has now been completed and we have achieved beneficial operation of the unit

  9. KBC Announces Strategic Partnership With AVGI To Help Oil Refiners Drive Profitable Petrochemical Growth
    8/26/2019

    KBC (A Yokogawa Company) is extending its engineering simulation capabilities through a strategic partnership with AVGI, the leading source of simulation and optimization software for modeling olefin technologies

  10. Honeywell Technology Selected For PetroChina Guangdong Integrated Petrochemicals Facility
    8/22/2019

    Honeywell (NYSE: HON) announced today that PetroChina Guangdong Petrochemical Company will adopt advanced heavy oil processing technology from Honeywell UOP for its integrated petrochemical complex in China