Archive | March, 2005

COMPANY: SunGard Data Systems confirms sale to private group for US$36 per share or approximately $1

(EnergyAsia, March 31) — New York-based SunGard, a global leader in integrated software and processing solutions primarily for financial services and the pioneer and leading provider of information availability services, said it has agreed to be bought out by a consortium of seven leading private equity investment firms for a sum of US$11.3 billion. The […]

Continue Reading 0

SAUDI ARABIA: Shaw to provide petrochemical technology for Aramco’s Rabigh project

(EnergyAsia, March 31) — The Shaw Group Inc said its Shaw Stone & Webster, Inc unit has been selected by Aramco Overseas Company and Sumitomo Chemical Co Ltd to provide a special petrochemical technology for Saudi Aramco’s Rabigh petrochemical complex in Saudi Arabia. The Deep Catalytic Cracking (DCC) technology for a grassroots High Olefin Fluid […]

Continue Reading 0

CONFERENCE: ATA Tanker Conference (ATA 2005), April 26-27, Grand Hyatt Hotel, Singapore

(EnergyAsia, March 31) — The inaugural ATA Tanker 2005 conference will meet at the Grand Hyatt Hotel in Singapore on April 26 and 27. The event will discuss the impact of new tanker safety regulations, ship vetting issues, maritime security and safety, maritime arbitration and Asia’s energy growth and its impact on the tanker business.   […]

Continue Reading 0

CHINA: Moodys, S+P rate CNOOC Finance Corporation Ltd

(EnergyAsia, March 31) — CNOOC Finance Corporation Ltd said it has obtained A2 (stable outlook) and BBB+ (positive outlook) issuer ratings from Moody’s Investors Service and Standard & Poors respectively. The company said it is the highest credit rating received by Chinese companies, the first by a finance company in China. The ratings are said […]

Continue Reading 0

INDIA: GAIL signs MOU with Cosmos of Bangladesh

(EnergyAsia, March 31) — India’s main gas company GAIL Limited and Bangladesh’s Cosmos have signed a Memorandum of Understanding to co-operate in the developing NGL fractionation, gas processing and LPG projects in Bangladesh.   GAIL said it will undertake the projects on a “Build Own Operate and Transfer” basis or any other basis as offered […]

Continue Reading 0

INDIA: GAIL to supply CNG to Kanpur city

(EnergyAsia, March 31) — Indian gas major GAIL is ready to introduce compressed natural gas (CNG) to Kanpur city in Uttar Pradesh state.   “This is a major milestone in our journey towards introducing the green fuel CNG in cities in India to reduce environmental pollution,” said Proshanto Banerjee, GAIL’s chairman and managing director. Mr […]

Continue Reading 0

Developed by Bowtie