Petrochemicals

DNO makes US$214 million offer to buy Calvalley Petroleum

CalvalleyNorwegian oil firm DNO made an unsolicited US$214 million all-cash offer to acquire Canada’s Calvalley Petroleum for US$2.25 per share

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Shell and QP plan major gas complex development in Qatar

Ras_Laffan_Industrial_CityShell and Qatar Petroleum (QP) have agreed to carry out the next project definition phase of front end engineering and design (FEED) for a major petrochemicals complex in Qatar’s Ras Laffan Industrial City (RLIC)

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BP left out of Abu Dhabi oil field bid

Oil_fieldBP has been excluded from the pre-qualification bidding process to develop Abu Dhabi's largest onshore oil fields for which the concession is due to expire in 2014

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PetroChina-led consortium begins production in Iraq oil field

TotalFrench oil major Total has said that a consortium, led by PetroChina and Petronas, has started production at the Halfaya field in Iraq

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Jacobs wins Saudi Kayan contract

Saudi-KayanJacobs Engineering Group has won a design contract from Saudi Kayan Petrochemical Company (Saudi Kayan) to develop a process design package (PDP) and front-end engineering design (Feed) for its upcoming plant in Jubail Industrial City, Saudi Arabia

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