Submitted by Mark Venables on Thu, 2018-04-05 08:54
05th April 2018
Total Energy Ventures (TEV), Hubei High Technology Investment Guiding Fund and Cathay Capital have signed a Heads of Agreement to launch the Cathay Smart Energy Fund, an investment fund dedicated to energy sector in China.
Expanded partnership with CNPC will enhance ADNOC’s ability to generate greater returns from its offshore fields as it accelerates delivery of its 2030 growth strategy
Italmatch Chemicals, a global specialty chemical group leader in the production and marketing of performance additives for water & process treatment, oil & gas, industrial lubricants and plastics, acquired the Chinese Jiayou Chemical, active in the antiscalant phosphonate business, from Ecolab Inc., the global leader in water, hygiene and energy technologies and services.
A selection of Scotland’s leading oil and gas research and development institutions will be heading to China next month (5–10 March) to strengthen ties, share knowledge and increase business opportunities with leading innovation houses in Beijing.
International compressor supplier TMC Compressors (TMC) has won a contract from Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) to supply the marine compressed air system to a newbuild FPSO the yard is currently constructing for SBM Offshore.
Clariant, a world leader in specialty chemicals, today announced that it has signed two key agreements with SINOPEC, China’s largest petroleum and chemical company.
A recent report by US Department of Commerce showed that the petroleum equipment industry, viewed as the predictor of the petroleum industry, will revive within three years to the level right before the oil price plummeted, and the market is expected to hit a new high.
Jumbo has today signed a Letter of Intent (LOI) with China Merchants Industry Holdings (CMIH) for the provision of the detailed engineering and construction of a new DP2 Heavy Lift Crane Vessel (HLCV) estimated to be delivered in the first quarter of 2020.