Back from Services to UK Re-Industrialisation The UK is the developed country where the contribution of the Industry to the GDP has reached the lowest level in falling below 12% in the mid-2000s years. Everything was about finance or services, and the production delocalization to China was perceived as a positive sign of value creation. […]
ReadFarabi Yanbu Petrochemical project at FEED stage The Saudi Farabi Petrochemical Company (Farabi or FPC) is planning to start the front end engineering and design (FEED) work on its Yanbu petrochemical project in the Western Province of Saudi Arabia. Farabi was established in 2002 as a privately owned company. Since 2006, Farabi is producing normal paraffin (NPN) […]
ReadPetroVietnam signed to buy Chevron stakes in Block-B The Vietnam national oil company (NOC) PetroVietnam Exploration Production Corporation (PetroVietnam) has taken over the working interests owned by the California-based international oil company (IOC) Chevron in the Block-B and the Block 48/95 gas field offshore Vietnam. Until now, Chevron was the main owner and operator of the […]
ReadGermany to lead digitalisation with Industrie 4.0 Initiated in 2006, the German program Industrie 4.0 was the first structured initiative to be released by a developed country Government regarding the Future of Manufacturing. In 1989, the fall of the Berlin Wall was followed by series major political and economical decisions such as one East Deutsch […]
ReadTimor Gap tendered Sunrise onshore LNG pre-FEED The Timor-Leste national oil company (NOC) Timor Gap tendered the pre-front end engineering and design (pre-FEED) for a conventional onshore liquefied natural gas (LNG) plant in alternative to the floating liquefied natural gas (FLNG) solution preferred by the Australian company Woodside Energy (Woodside), and its partners, ConocoPhillips from […]
ReadTransCanada expands British Columbia NGTL System NOVA Gas Transmission Limited (NGTL), a wholly owned subsidiary of the Calgary-based midstream company TransCanada Corporation (TransCanada), received the Canada National Energy Board (NEB) approval for its North Montney Mainline pipelines system project to be developed in the northeastern British Columbia. The North Montney Mainline pipeline project results from […]
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