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Clariant, Huntsman to combine to create $20bn company Hariolf Kottmann (left), CEO, Clariant, and Peter R Huntsman, president and CEO, Huntsman.

Clariant, Huntsman to combine to create $20bn company

On a pro forma 2016 basis, the combination of Clariant and Huntsman will create a leading global specialty chemical company with sales of approximately US$13.2 billion and a combined enterprise value of approximately US$20 billion at announcement.

 •   Sustainable catalyst for refineries from Clariant
 •   Zamil and Huntsman JV to proceed with DGA project
 •   Clariant & Siemens introduce New Sour Gas tech


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NPCC wins major Aramco contract for 4 offshore platforms and pipelines

NPCC wins major Aramco contract for 4 offshore platforms and pipelines

NPCC is to supply four offshore platforms and associated submarine pipelines, cables and tie -ins for Saudi Aramco's Al Safaniya, Zuluf and Berri oilfields
 
Iran bars IOOC from working on gas field shared with Saudi and Kuwait

Iran bars IOOC from working on gas field shared with Saudi and Kuwait

The work stoppage has been called amid a dispute over geographical borders that still needs to be settled, with Iran banning all activity on Iran's side of the field
 
Qatar seeks coordination with Iran on shared field

Qatar seeks coordination with Iran on shared field

Qatari officials have called for establishing a joint technical committee to coordinate on the volume of gas production from the South Pars gas field: Iran's Oil Minister
 
TechnipFMC, ZADCO ink pact for SRP in Abu Dhabi

TechnipFMC, ZADCO ink pact for SRP in Abu Dhabi

The objective of the EPC3 project is the installation of a sulphate reduction plant module along with new installations and tie-in to existing facilities in West Island.
 

 

BV gets Noble Energy deal off Mediterranean coast

BV gets Noble Energy deal off Mediterranean coast

Bureau Veritas will be focused on the review and verification of the design / engineering, fabrication, installation and commissioning of the safety critical elements of the project.
 
Petrofac lifts Iraq presence by $70mn in new deals

Petrofac lifts Iraq presence by $70mn in new deals

Petrofac has been providing services in Iraq since 2010 and has developed a significant track record for helping its clients to unlock value from their onshore and offshore operations.
 
Iran launches projects in Gulf to raise gas output

Iran launches projects in Gulf to raise gas output

President Hassan Rouhani has recently inaugurated five new projects, which officials said would put Iran on an equal footing with Qatar in exploiting the shared offshore gas field
 
South Pars deal with Total to be signed soon: NIOC

South Pars deal with Total to be signed soon: NIOC

In November, Total signed a preliminary agreement, worth $4.8bn, as the head of an energy consortium to develop Phase 11 of the giant South Pars field in the Gulf's waters that Iran shares with Qatar
 
Emerson donates reservoir software to universities

Emerson donates reservoir software to universities

The software donation will enable petroleum engineering students at GEU and MIT to access the latest software modules relating to seismic interpretation, well log interpretation and correlation, mapping and geomodelling, and gridding.
 
Lebanon on track with first licensing round: Chbat

Lebanon on track with first licensing round: Chbat

Wisam Chbat, chairman of the Lebanese Petroleum Administration, has provided details of the government's efforts to structure and develop the nascent oil and gas industry, in an interview to the organisers of the Lebanon International Oil and Gas Summit
 
QP, ExxonMobil to explore for oil & gas in Cyprus

QP, ExxonMobil to explore for oil & gas in Cyprus

Qatar Petroleum (QP) and ExxonMobil will start drilling for oil and gas off the southern coast of Cyprus in 2018
 
Qatar lifts moratorium on North Dome gas field

Qatar lifts moratorium on North Dome gas field

The development in the southern section of the North Field will have a capacity of 2bn cubic feet per day, or 400,000 barrels of oil equivalent, and increase production of the field by about 10%, when it starts production in five to seven years: QP CEO
 
Cyprus cabinet approves QP offshore block deals

Cyprus cabinet approves QP offshore block deals

Eni and Total are in a consortium for one of the blocks, while ExxonMobil and Qatar have joined up for another. Eni will be on its own in a third block
 
Lebanon to lure oil & gas investments in May event

Lebanon to lure oil & gas investments in May event

The challenges and the road ahead for companies investing in Lebanon's oil and gas industry will also be deliberated upon during the 3rd edition of the Lebanon International Oil & Gas (LIOG) Summit on the 9th and 10th of May in Beirut
 
Adnoc, SBGS rescue rare dugong from fishing net

Adnoc, SBGS rescue rare dugong from fishing net

In a three-hour long rescue operation, the team set the 1.5m long marine mammal free after the fishing net, with multiple attached floats, had become entangled around the Dugong's tail, preventing it from diving and grazing on sea grasses
 




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