26/06/2013 07:00:00

Neste Jacobs awarded contract by Borouge for Tier 1 Engineering, Project Management and Consultancy Services

Related content
11 Dec - 
Neste Oil supplies low sulphur marine fuel to Finnlines
09 Dec - 
Neste Oil to supply new low sulfur marine fuel to Talli..
04 Dec - 
Boeing tests Neste Oil's NEXBTL renewable diesel in an ..

Neste Jacobs

Press release

26 June 2013 at 9 a.m. (EET)

Neste Jacobs awarded contract by Borouge for Tier 1 Engineering, Project Management and Consultancy Services

Technology, engineering and project management company Neste Jacobs and Abu Dhabi based Borouge have signed a long-term contract where Neste Jacobs provides Engineering, Project Management and Consultancy Services to Borouge.

Under the contract, Neste Jacobs will deliver Borouge specialized services such as studies, design, engineering, project management and support services connected with implementation of projects as well as services related to development of process, automation and plant performance.

 

"The contract with Borouge is significant to us and a very important step forward for our company. We have established ourselves in Abu Dhabi in 2011 and it is an important part of our strategy to increase our presence in the Arabian Gulf region and serve the local industry", says Jarmo Suominen, Managing Director of Neste Jacobs. "This long-term contract supports Neste Jacobs' vision to become a preferred solution provider for hydrocarbon industries and will provide us with an opportunity for sustainable growth during the coming years."

 

Borouge is one of the world's leading polyolefins (Polyethylene, Polypropylene and Low density Polyethylene) producers. Their annual capacity in Ruwais, Abu Dhabi will reach 4.5 million tonnes by 2014 making it the world's largest integrated polyolefin complex. The petrochemical plants include the world's largest ethane cracking and Olefins conversion units. Borouge is owned by Abu Dhabi National Oil Company (ADNOC), who manages and oversees oil production of more than 2.7 million barrels a day, and European based Borealis, a leading provider of chemical and innovative plastics solutions.

Neste Jacobs Oy

Jarmo Suominen

Managing Director

For more information, please contact: 

Jarmo Suominen, Managing Director, Neste Jacobs Oy, tel. + 358 50 458 3399

Neste Jacobs in brief

Neste Jacobs is a preferred solution provider of high-quality technology, engineering and project services for a wide range of industries in the oil and gas, petrochemicals, chemicals and biotechnology fields. We have more than 50 years of experience in technology development and industrial investment projects as well as maintenance and performance improvement in Europe, North and South America, Asia and the Middle East. In addition to the Nordic countries we are looking to grow in the expanding markets of the Middle East and Russia in particular. We employ some 1.000 professionals globally. www.nestejacobs.com

Borouge in brief

Borouge is a leading provider of innovative, value creating plastics solutions. A joint venture between the Abu Dhabi National Oil Company (ADNOC), one of the world's major oil and gas companies, and Austria based Borealis, a leading provider of chemical and innovative plastics solutions, Borouge is a groundbreaking international partnership at the forefront of the next generation of plastics innovation. www.borouge.com

 

 

 


This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the

information contained therein.

Source: Neste Oil Oyj via Thomson Reuters ONE

HUG#1711890

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
Ingen indlæg

Tech Companies Send Criticism Along With NSA-Related Data -- Update

04/02/2014 00:06:00
By Danny Yadron Technology companies including Google Inc. and Microsoft Corp. released new figures on the amount of data requests they received from U.S. ..

U.S. Hot Stocks: Hot Stocks to Watch

03/02/2014 14:07:00
Among the companies with shares expected to actively trade in Monday's session is Herbalife Ltd. (HLF). Herbalife Ltd. (HLF) raised its fourth-quarter outl..

Pfizer Study Meets Primary Endpoints

03/02/2014 13:05:00
Pfizer Inc. (PFE) said Monday that a Phase 2 trial of its advanced breast cancer treatment met its primary endpoint. Pfizer said a study comparing the effec..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Lundbeck discontinues further development of desmoteplase; 2014 profit guidance range narrowed
2
Dexia : Dexia denies any discussions at this stage with Bank of Jerusalem on the sale of Dexia Israel
3
UNIBAIL-RODAMCO SE announces a lease agreement with L'Oréal SA in the So Ouest Plaza tower in Levallois-Perret
4
PROS - Prospector Offshore Drilling S.A. announces the results of its Extraordinary General Meeting of Shareholders
5
HFF closes sale of and arranges acquisition financing for Class A office and medical office campus in San Diego's University Town Center

Related stock quotes

Neste Oil Corporation 19.84 1.3% Stock price increasing

Buy and sell signals

  • Trend
  • Moneymachine

Related companies
Get access to information and recommendations of related companies with our PLUS package.

You get access to 7 valuable investment tools.

Click here to read more about the PLUS package.

Copyright Euroinvestor A/S 2014   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
18 December 2014 12:26:33
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20141211.1 - EUROWEB5 - 2014-12-18 13:26:33 - 2014-12-18 12:26:33 - 1000 - Website: OKAY