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www.2b1stconsulting.com goes live

   Dear Faithfull Readers While our website was still under completion, many of you have managed to find the access to the blog and to visit it repeatedly. For this achievement we grant you a great thanks and big applaud.  Now I am very pleased to inform you that www.2b1stconsulting.com will go live on Monday April 23rd […]

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$75 billion CAPEX planned in drilling rigs on next 5 years

With more than $75 billion Capital Expenditure to be invested in drilling rigs in the next 5 years, the pipeline of business opportunities in drilling rigs has never been so loaded according to Upstream, the Norwegian Oil & Gas newspaper. From their well documented analysis published in March about the drilling rigs, Upstream explains how this industry should break another historic […]

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Green light to Kemya Al Jubail Petrochemical Expansion

The Al-Jubail Petrochemical Company (Kemya) is a joint venture between Sabic and ExxonMobil In November 2008, Sabic and ExxonMobil Chemical signed an agreement to undertake a feasibility study for establishing a new elastomers plant at Kemya. In May 2011, Sabic and ExxonMobil awarded FEED contracts for the process units of the project to Jacobs Engineering and Mitsui Engineering & Shipbuilding. Fluor […]

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Sabic & Sinopec work on $5.3 billion Methanol-To-Olefins project in T&T

Sabic and China Petrochemical and Chemical Corp. (Sinopec) have signed together a protocol of co-operation to open negotiations with Trinidad and Tobago to build Methanol-To-Olefins plant. The capacity is not yet defined, but the capital expenditure is estimated around $5.3 billion. For more information and data about oil and gas and petrochemical projects go to […]

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The $5 billion Honan Ethylene Cracker will be in Indonesia

Honan Petrochemical Corp. has signed a MOU with Krakatau Steel for a land in Cilegon, Indonesia to build a new naphtha cracker and downstream units. The feasibility study of the project has started and would include: 1 million t/y Ethylene 550,000 t/y Propylene 600,000 t/y Polyethylene (PE) 600,000 t/y Polypropylene (PP) 700,000 t/y Monoethylene Glycol […]

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ThaiOil to build a $300 million Linear Alkyl Benzene (LAB) facility

 Bangkok: Thaioil Plc has confirmed to launch the design of a 100,000 t/y Linear Alkyl Benzene (LAB) facility in Si Racha, Chonburi  District, Thailand The estimated capital expenditure is around $300 million for a completion planned in 2016. For more information and data about oil and gas and petrochemical projects go to Project Smart Explorer

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