Industry

Fluor inks pact with Shell for downstream projects in Europe, Africa and Middle East

Shell-distillationFluor Corporation has signed a five-year enterprise framework agreement with Shell to provide services for Shell's downstream and, potentially, upstream onshore projects in Europe, Africa and the Middle East (EAME)

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Takreer awards US$2.48 billion contract to Samsung Engineering

Carbon blackAbu Dhabi Oil Refining Company (Takreer) has awarded a US$2.48bn contract to Samsung Engineering Company to build a carbon black unit and a delayed coker unit in Ruwais, west of Abu Dhabi, by January 2016

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Libya: Likely impact on NOC as a result of east-west divisions

Oil rig Africa OnshoreLibya's National Oil Company (NOC) issued a decree on 4 October 2012 that gave its branch in eastern Libya the autonomy to independently run operations in the east of the country

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Samsung awarded US$871 million Yanbu project

LuberefSamsung Engineering has been awarded the Yanbu refinery expansion project from Saudi Aramco Lubricating Oil Refining Company (Luberef) in Dhahran, Saudi Arabia

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ExxonMobil set to sell southern Iraq stake

Exxon to sell south Iraq blockExxonMobil is in talks to sell its stake in a multibillion dollar oil project in southern Iraq

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