Projects

MMEX Resources Corp., a global energy company focusing on the acquisition, development and financing of oil, gas, refining and infrastructure projects in Texas and South America, recently announced that it plans to build a USD $450 million crude oil refinery in the West Texas Permian Basin, subject to the receipt of required governmental permits and completion of required debt and equity financing.

Amec Foster Wheeler, an international company with numerous locations in the US, has announced it has been awarded an owner’s engineer contract by GNL Quintero to provide engineering services at the Quintero regasification terminal in Chile.

The Chairman and Chief Executive Officer of ExxonMobil, Darren Woods, recently announced that the company is expanding its manufacturing capacity along the US Gulf Coast through planned investments of USD $20 billion over a 10-year period, in order to take advantage of the American energy revolution.

Interventek Subsea Engineering will supply its in-riser Revolution well intervention valve to Professional Rental Tools (PRT) LLC.

According to The Canadian Press, the provincial government of British Columbia (BC) has approved a proposed expansion of one of TransCanada’s natural gas pipelines in the region.

Argentina's state-run oil company YPF SA has announced that it has reached a preliminary deal with Royal Dutch Shell Plc to develop oil and gas assets in the Vaca Muerta shale field, involving a USD $300 million investment from Shell.

Randy Schmidt has been named Managing Director of the Burns & McDonnell Terminals and Pipelines group, replacing Ted Born, who is retiring.

Fluor Corp. has released a statement claiming that it has signed an agreement with JGC America Inc. to provide construction-related support to the front end engineering and design (FEED) services for the Woodfibre LNG project.

OMB Valves, the Texas-based operation of the Italian-based valve manufacturer, recently announced it is reorganizing its industrial sales efforts, adding a new group that will be solely leading the efforts for the company’s distribution focus in addition to its already established project and butterfly valve divisions.

BHP Billiton has announced that the Board has approved expenditure of USD $2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.