Global

AkzoNobel to invest EUR4 million at Sweden chemical unit
Global

AkzoNobel to invest EUR4 million at Sweden chemical unit

AkzoNobel said its Specialty Chemicals business is investing more than €4 million to increase production capacity in Sweden for its Levasil CC-branded product line of patented surface modified colloidal silica. The group said the expansion will help meet growing customer demand and will strengthen the company’s market leadership position. A […]

Petrofac partners SOCAR, forms joint venture
Global

Petrofac partners SOCAR, forms joint venture

Petrofac’s Training Services business and the State Oil Company of the Republic of Azerbaijan (SOCAR) today signed a Shareholders Agreement to form a Joint Venture for the pursuit of training opportunities across the country’s oil & gas and petrochemical industries. Under the Agreement, SOCAR’s stake in the Joint Venture has […]

ExxonMobil acquires exploration acreage in three Mauritania Offshore Blocks
Energy

ExxonMobil acquires exploration acreage in three Mauritania Offshore Blocks

ExxonMobil Exploration and Production Mauritania Deepwater Ltd., has signed production sharing contracts with the government of the country for three deepwater offshore blocks. “These blocks further enhance ExxonMobil’s leading global deepwater acreage position,” said Steve Greenlee, president of ExxonMobil Exploration Company. “We thank the government of Mauritania for the opportunity […]