Iran to announce tender winner
National Iranian Oil Co., which plans to develop only one of the three delineated fields in the coveted Bangestan oil reservoir, will announce the winner of the tender offer to develop the Ahvaz field soon reports have stated.
Saudi gas project is right on track
Saudi Arabia has cleared a major obstacle for signing final agreements with international oil majors for two mega gas projects, agreeing terms on associated power plants, the chief Saudi negotiator has said.
Chinese polypropylene plants
Tecnimont (Italy) has won contracts to build three polypropylene plants.
Kårstø continues to expand
Capacity at the Kårstø gas processing complex north of Stavanger is set to be expanded by more than 40% above the present level in 2005.
Australian ammonia plant
Burrup Fertilizers Pty Ltd has awarded a USD 300 million contract to Montreal-based SNC-Lavalin Inc.'s Australian subsidiary SNC-Lavalin (SA) Inc.