The Abu Dhabi National Oil Company (ADNOC; www.adnoc.ae) signed a strategic framework agreement with Eni S.p.A. (Rome, Italy; www.eni.com) to explore new opportunities for collaboration in carbon capture utilization and storage (CCUS), where ADNOC is an industry leader, and additional…
Saipem S.p.A. (San Donato Milanese, Italy; www.saipem.com) signed a license agreement with ITEA S.p.A, an Italian company that owns the patent for application of a new plastics recycling technology. Originally designed for applications in the oil & gas sector, the…
HUVRdata (Austin, Tex.; www.huvrdata.com) has been selected by ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) to support drone-based inspections and reporting. Over the past 2 years, HUVRData and ExxonMobil have collaborated to put in place a global Digital Reporting and Analytics platform…
Mitsubishi Chemical Corp. (MCC; Tokyo; www.m-chemical.co.jp/) announced that it will acquire a German manufacturer of carbon-fiber prepreg materials, c-m-p GmbH (Heinsberg, Germany) through its subsidiary, Mitsubishi Chemical Advanced Material, in a move to strengthen its presence in the carbon-fiber composite…
As part of a major restructuring program, subsidiaries of McDermott International, Inc. (Houston; www.mcdermott.com) have entered into a share and asset purchase agreement with a joint partnership between The Chatterjee Group and Rhône Group (the Joint Partnership) pursuant to which…
Renewable energy company Masdar (Abu Dhabi; www.masdar.ae) and Compañía Española de Petróleos S.A.U. (Cepsa; Madrid, Spain; www.cepsa.com) announced an agreement to establish a joint venture company to develop renewable energy projects in Spain and Portugal. The 50:50 venture was announced…
Chevron Corp. (San Ramon, Calif.; www.chevron.com) announced that it has joined the Hydrogen Council, a global advisory body providing a long-term vision for the role of hydrogen in the energy transition. Hydrogen is used at Chevron refineries to refine crude…
Solvay S.A. (Brussels, Belgium; www.solvay.com) has announced that its new high-molecular-weight (HMW) hindered amine light stabilizer (HALS) capacity is now online, complementing existing HALS production at the Willow Island, West Virginia, site. “We decided to expand our capacity to better…
ExxonMobil Corp. (Irving, Tex.; www.exxonmobil.com) announced today that ExxonMobil Catalysts and Licensing LLC and Axens (Rueil Malmaison, France; www.axens.net) have signed a licensing alliance agreement to allow Axens to provide ExxonMobil’s Flexicoking technology and integrated resid conversion solutions. Under the…
Evonik Industries AG (Essen, Germany; www.evonik.com) has concluded a purchase agreement to acquire Wilshire Technologies Inc., with the transaction to be completed by the end of January. Headquartered in Princeton N.J., Wilshire Technologies supplies phytochemicals and derivatives to the global…