COVID-19 hampers oil and gas services industry business outlook
The COVID-19 pandemic impact has devastated crude oil demand as the majority of the end user industries are witnessing a slowdown amid lockdowns.
The COVID-19 pandemic impact has devastated crude oil demand as the majority of the end user industries are witnessing a slowdown amid lockdowns.
The company today announced it has completed the divestment of selected non-core assets in Northern Europe to Gasum, a Nordic gas sector and energy market expert.
LANXESS today said that it has completed the sale of its 40 percent stake in chemical park operator Currenta to Macquarie Infrastructure and Real Assets (MIRA).
With this expansion, Seqens' global annual production capacity of IPA will increase by more than 70%
HOEC has announced the successful drilling, completion and testing of its second sub-sea well through a jack-up rig, named well D-1 located in Mumbai Offshore.
The company has mobilized its production facilities to manufacture medical materials and components and products that can be used to build makeshift hospitals.
The company’s sites in Muskegon, Michigan, and Seelze, Germany, will produce hand sanitizer over the next two months for government agencies, which will then distribute the product to institutions in need. Both sites are part of Honeywell’s Performance Materials and Technologies (PMT) business group.
The vaccine will be based on recombinant avian paramyxovirus based vector platform. The recombinant avian paramyxovirus-1 will be used to express the immunogenic protein of SARS-CoV-2.
The operations have commenced basis importance of lubricants to help major manufacturing plants to run smoothly.
The minister called upon the exporters to identify their strengths, potentials and competitive advantages in specific sectors and focus on harnessing them in the world markets.
OnPoint will embed the expertise of KES’s equipment businesses into customers’ operations to improve efficiency, yield, reliability, environmental performance, and safety.
The company has announced that CB&I Storage Solutions has been awarded three contracts for the engineering, procurement, fabrication and construction (EPFC) of 38 tanks and 13 spheres in multiple locations across Saudi Arabia.
Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited (RIL) has increased its stake in SkyTran from 17.37% to 26.31% on a fully diluted basis.
The company has started manufacturing operations of both its plants situated at Nagothane, Amdoshi, Raigad-Maharashtra and Manali, Chennai-Tamilnadu.
Wood will provide integrated services to Sasol from feasibility studies and front end engineering design, through to engineering, procurement and construction
The company announced that it will invest about 65 billion KRW ($54 million) by Q1 of next year to expand production of carbon nanotubes (CNT) by 1,200 tons at the company’s Yeosu plant.
Both companies will invest in the construction of a liquid hydrogen plant on an area of about 30,000 square meters within the site of Hyosung’s Yongyeon plant in Ulsan.
Amid the global COVID-19 crisis, Covestro and ALBIS PLASTIC GmbH are committed to making materials available for urgently needed personal protective equipment (PPE), including respirator masks, ventilators and protective eyewear.
Despite a lot of movement restrictions due to national level COVID-19 lockdown, with the concerted efforts of the Department of Fertilizers, Railways, States and Ports, production and supply of fertilizers in the country is going on without hindrance.
Company's Jiading plant in Shanghai scales up production of waterborne coatings to meet customer demand for environmentally responsible products across southern and eastern China.
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