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Zadco to call for tender on Zirku island expansion

Zadco to extend Zirku oil processing and gas treatment The Abu Dhabi company Zakum Development Company Oil Company (Zadco) is a joint venture between the national oil company (NOC) Abu Dhabi National Oil Company (ADNOC) and the international oil companies (IOCs) ExxonMobil and the Japan Oil Development Company (JODCO). Zadco was created in 1977 to […]

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Morocco to boost offshore exploration and oil shale development

Cairn, San Leon, Genel increase footprint in Morocco On the same week, Cairn Energy (Cairn) announced to sign a Farm-in Agreement for offshore exploration and production while San Leon Energy (San Leon) extended its oil shale onshore acreage, both in Morocco. These moves reflects the potential of resources and the momentum taken by Morocco in […]

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Oil shale

Definition Oil shale refers to solid hydrocarbon (kerogen) rock resulting from a decomposed organic matter still at solid state, in a sedimentary rock unit. The oil shale may also be called black shale. Oil shale and shale oil must not be confused as they do not mean the same thing since shale oil designates tight oil or tight shale […]

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Larsen & Toubro harvests Gas Compression projects in the Gulf

Larsen & Toubro wins Oman PDO Saih Rawl phase 2 >On August 27th 2012, Petroleum Development Oman LLC (PDO) awarded to Larsen & Toubro from India the engineering, procurement and construction (EPC) contract for the Saih Rawl Depletion Compression Phase 2 (SRDC2) project. Nine engineering companies were in competition to win this order of $235 […]

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DuPont sells its Coatings Business to Carlyle for $4.9 billion

Carlyle targets emerging markets with DuPont Performance Coatings  DuPont and The Carlyle Group (Carlyle) signed a definitive agreement by which Carlyle will buy DuPont Performance Coatings (DPC), the DuPont’s Coatings Division. Still submitted to regulatory approval, the transaction should be effective on the first quarter 2013. Carlyle is a global alternative assets manager having already […]

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Acrylic Acid

Definition Acrylic acid is an unsaturated carboxylic acid extracted from propylene Acryclic acid is a colorless pungent and corrosive liquid in polymerized form. The formal name for acrylic acid is propenoic acid. Acrylic acid is miscible with water, alcohols and esters. Comments Acrylic acid is produced from propylene as an ethylene by-product of ethane or naphtha […]

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