26/06/2013 07:00:00

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

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
14 Apr
BAVA
Som det nok er mange bekendt, er kursen på Bavarians aktie faldet meget betydeligt, ca. 30%, over de..
31
19 Apr
 
Et opgør med Finanstilsynet er tvingende nødvendigt, hvis tilliden til markedet ikke skal lægges øde..
26
15 Apr
OMXC25
Virkelig intelligent indlæg. En masse om at markedet er på vej til nedtur, men sjovt nok ikke så meg..
24
18 Apr
 
LÆS NU FOR HELVEDE NOGEN AF DE 38000 indlæg som siger at børsen er nede!   Det er kraftstejleme da u..
21
19 Apr
BAVA
      Vedr. shortsqeeze mm. og den ekstreme kursmanipulation der dagligt foregår på Nasdaq Kbhvn. T..
19
14 Apr
OMXC25
Følgende er oplæg til debat, om aktiernes udviklign de kommende måneder ud fra handelskrig og naturl..
17
18 Apr
 
Det er en katastrofe ! Hvis det fortsætter ret meget længere er vi allesammen nødt til at gå ud og l..
16
17 Apr
LAUR
An aktie man aldrig skal eje. Ejerne trækker store summer ud, at en virksomhed der kæmper for overle..
14
19 Apr
 
Hej alle,   Jeg lavede et lille indlæg på Stolt-Nielsen for nylig hvor jeg desværre – og det beklage..
13
14 Apr
 
Ikke et ord om regimeskifte i Syrien. Dette var et klart defineret og afgrænset angreb på det syrisk..
13

HSBC Bank Plc : Form 8.5 (EPT/RI) - Lonmin PLC

22/02/2018 10:54:53
FORM 8.5 EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Name of exempt principal trader: HSBC BANK PLC (b) Name of offeror/offeree i..

Rathbone Brothers Plc : Preliminary announcement of 2017 results

22/02/2018 07:00:19
Funds under management up 14.3% to £39.1 billionThis is a preliminary statement of annual results published in accordance with FCA Listing Rule 9.7A. It covers the year ended 31 December 2017. Mark Nicholls, Chairman of Rathbone Brothers Plc, said: "UK and global investment markets performed well in 2017, with some indices reaching record levels towards the end of the year. This outcome has b..

Elliott Capital Advisors, L.P : Form 8.3 - GKN Plc

21/02/2018 15:25:10
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code") 1.         KEY INFORMATION (a) Full name of discloser: Elliott Capital Advisors, L.P. (for itself and related general partners ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Global Destination Marketing Summit and World Culture & Tourism Forum commences successfully
2
Lubrizol Presents Estane® TPU and Other Innovations for Consumer, Industrial, Footwear and Electronics Applications at Chinaplas 2018
3
TBC Bank PLC : TBC Bank is Named "the Best Bank in Georgia" by EMEA Finance magazine
4
World Finance awards Domaine Bousquet for its pioneering efforts to make wine production more sustainable
5
NightFood (NGTF) Begins National Licensing of Half-Baked™ Marijuana Edibles Brand

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2018   Disclaimer and Terms of Use
Quote information is delivered by Morningstar.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
21 April 2018 02:55:38
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: ReleaseBuild_20180417.1 - EUROWEB3 - 2018-04-21 03:55:38 - 2018-04-21 02:55:38 - 1000 - Website: OKAY