EPC

Fluor, Shell-led group discuss delays in North America’s West Coast LNG plant construction

Oct 27, 2020

LNG Canada, a Shell-led joint venture behind the biggest private investment in Canadian history, has fallen behind in construction mostly due to the pandemic, leading the owner and contractor to hold talks, according to Fluor Corp. executives.

Owners share insight on ways to select, compare contractors and use technology in projects

Sep 29, 2020

Choosing the best contract model for tapping a contractor as well as getting them involved early in the first stages of projects can alongside with added transparency through digitalization and standard metrics improve chances of project success.

Petrochemical owner-contractor business model for project construction needs changes

Aug 31, 2020

Signs of financial distress in recent years point a prevailing downstream plant construction model where the increased risk taken by contractors has made them increasingly vulnerable.

US chemical activity, natural gas exports, and resin production surge; Total JV plans $1B TX plant expansion

Oct 5, 2018

Our pick of the latest petrochemical news you need to know

Sasol ups US project cost estimate; UP, Katoen Natie start resin export service

Jun 15, 2016

Petrochemicals news you need to know.

Bechtel uses tech and business tools to offset impact of tight skills market

Apr 21, 2016

Business and technological innovations such as setting up specialty welding companies and a new mobile field-supervision software platform are helping Bechtel offset the impact of the tight skills market, and better train and retain its existing workforce,...

Rising capital costs provide warning to Arabian Gulf petchems developers

Apr 8, 2016

Construction costs for petrochemical and refining projects in the Gulf Cooperation Council (GCC) region are up 2-4 times compared to 14 years ago, according to Koen Vermeltfoort, principal Capital Productivity Practice at McKinsey & Company.

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