Technip has been awarded by Petrobras a daily-rate contract (worth more than US$ 100 million) for a two-year charter of the Normand Progress, a vessel specializing in flexible pipeline installation. The contract includes engineering and support services, as well as an additional two-year option.
The Normand Progress will be used for the installation and retrieval of [...]

Technip has been awarded by Grupa Lotos a lumpsum contract, worth approximately €70 million, for the refinery in Gdansk, Poland.
The contract covers engineering and procurement services for a new solvent deasphalting* unit. The unit will have a feed capacity of 180 tons per hour.
Technip’s operating center in Rome, Italy, will execute the contract. This is [...]

Technip has been awarded by Wintershall Noordzee B.V. a lumpsum contract, to assist in the development of the E-18 and P-9 gas fields in the Dutch sector of the North Sea.
The contract covers:
* Assembly and installation of a 5.4 kilometer 10” rigid flowline (1) between the new E-18 platform and an [...]

Technip has been awarded by Sibur Neftehim (a Sibur Moscow Holding subsidiary) a lumpsum engineering and procurement contract, worth approximately €45 million, to expand an ethylene plant in Kstovo, Russia.
Technip’s operating center in Zoetermeer, The Netherlands, will execute the contract, which follows the basic engineering contract already carried out by Technip. It covers detailed engineering, [...]

When some of the industry’s top executives gather in Houston next week to discuss global energy challenges, finding new and more effective ways to produce oil and gas — as well as alternatives to fossil fuels — will dominate the discussion.
And, as the year progresses, expect to see industry leaders — including the chiefs [...]

With dwindling oil supplies, pollution concerns and the ever-present threat of gas prices soaring again, talk of new and better ways to fuel cars, heat and cool homes, and power factories has never been greater.
What’s more, the conversation is emanating increasingly from a source that’s been surprisingly quiet until recently — the oil companies themselves.
When [...]

The president of Shell Oil, in Miami for a speech, says it’s time to embrace new energy sources.
In the wake of last year’s hurricanes, the United States narrowly averted a major disruption to its fuel supply on a scale “inconceivable in recent memory,” says Shell Oil Co. president John Hofmeister.
A year later, Hofmeister says he [...]