Chicago Bridge & Iron Co. (CBI) has been awarded a project valued in excess of US$1.4 billion by Refinería de Cartagena S.A. (REFICAR) for the engineering, procurement services and construction of a new refinery, with processing capacity of 165,000 barrels per day, adjacent to REFICAR's refinery in Cartagena, Colombia. CB&I's scope also includes revamping the existing 80,000 barrel per day refinery. The overall project will relieve regional refining constraints and will enable REFICAR to produce clean, ultra-low sulfur gasoline and diesel from heavy crude.

REFICAR has chosen CB&I to be the single contractor to engineer, procure, and construct this important project, which is key to enhancing Ecopetrol's position as a leading producer for the entire region. Refinería de Cartagena S.A. is owned by Ecopetrol, Colombia's national oil company.

CB&I will provide project management and the engineering, procurement services, fabrication and construction for the new refinery, including the following major components: Crude

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Jones Lang LaSalle Incorporated (JLL), a leading full-service real estate firm that provides corporate, financial and investment management services, has been recently selected as the "Supplier of the Year" by Procter & Gamble Co. (PG) for the second consecutive year. The award is recognition of Procter & Gamble’s suppliers and external business partners and is based on broad-based quantitative and qualitative evaluations of its employees.   Jones Lang was selected as the facility manager of Procter & Gamble in 2003. The mutually beneficial relationship has expanded over time, and Jones Lang currently provides integrated facility management, project management, transaction management and energy and sustainable services to Procter & Gamble. Jones Lang has a broad range of real estate product and services, and an extensive knowledge of domestic and international real estate markets enabling it to operate as a single-source provider of real estate solutions. With a ...

Jacobs Engineering Group Inc. (JEC) has received a contract from Suncor Energy to provide project management, engineering and procurement services to complete the scoping study and Design Basis Memorandum (DBM) for tailings and water transfer projects. These projects are a portion of the Tailings Reduction Operations (TRO) implementation at Suncor's oil sands mining, extraction and upgrading facility located 30 kilometers north of Fort McMurray, Alberta, Canada. Officials have not disclosed the contract value.  TRO is Suncor's new initiative to implement a Mature Fine Tailings (MFT) drying process, which results in the dry material to be reclaimed in place or moved to another location for final reclamation. The process helps achieve a dryer landscape in a shorter period of time and allows for accelerated reclamation timelines, shrinking the environmental footprint of oil sands mining operations.  With annual revenues exceeding $12 billion, Jacobs is one of the world's ...

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Thursday October 22, 2009

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AQNM, RTN, PSFT, PWRM, MDT, CSRH, SLB, CVAT, BA

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RTN, Raytheon Co.

RTN designs, develops, manufactures, integrates, and supports technological products, services, and solutions for governmental and commercial customers in the United States and internationally.

RTN reported third quarter 2009 income from continuing operations of $499 million, up 14 percent compared to $437 million in the third quarter 2008. EPS from continuing operations for the third quarter 2009 was $1.25, up 24 percent compared to $1.01 in the third quarter 2008.

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PSFT, Powersafe Technology Corp., PSFT.PK

Powersafe Technology Corp.’s (Other OTC: PSFT.PK) Subsidiary Amplification

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Industrial gases and specialty chemical company, Air Products and Chemicals Inc. (APD) has forayed into the Chinese liquefied natural gas market (LNG) by signing an agreement with Technip to supply Air Products’ LNG process technology and equipment for an LNG project in Yinchuan, China. Technip is a world leader in project management, engineering and construction for the oil & gas industry.  Air Products’ technology will be vital for Technip’s two liquefaction trains each producing 400,000 tons of LNG per annum for Ningxia Hanas Natural Gas Company, Ltd. Ningxia Hanas, formerly known as Yinchuan Natural Gas Company, is mainly engaged in city gas, gas supply to industrial and commercial users, gas heating, gas-fired power generation, gas-fired cogeneration, and environment protection. The units are targeted to be completed in the second half of 2011.  Other terms of the agreement were not disclosed. Air Products has also signed a ...

Yesterday, Jacobs Engineering Group Inc. (JEC) and Office Cherifien Des Phosphates (OCP) entered into an engineering joint venture agreement.  The terms of agreement are not disclosed. However, during the initial phase, the joint venture will provide program, project management and engineering services for projects based on the US$5 billion investment program of Office Cherifien in Morocco.  The agreement, when completed, will represent a powerful combination of engineering and program management resources aligned to support OCP in implementing its strategic expansion plans, in particular the infrastructural elements of the Jorf Lasfar phosphate hub development.  It will also advance Jacobs’ growth plans in the fertilizer industry in general and in the region in particular. The joint venture will provide services to OCP and third parties in their phosphate engineering business activities worldwide. In addition, the parties intend to expand the capabilities of the joint venture to ...

Swiss-based drug company Anavex Life Sciences Corp. announced today that they have selected FORENAP Pharma as the contract research organization for Phase 1 clinical trials of ANAVEX 2-73, the company’s lead Alzheimer’s drug candidate.

FORENAP has been involved in pre-clinical and clinical research for 20 years and is renowned for its expertise in central nervous system studies, including Alzheimer’s disease. FORENAP will perform study setup, protocol review, site monitoring and project management for the trials. Rudy Luthringer, CEO of FORENAP, said, “We look forward to running a high-quality and cost-effective program as Anavex works to confirm its pre-clinical findings in a clinical setting.”

ANAVEX 2-73 has been shown in pre-clinical testing to be neuroprotective and anti-amnesic. It is thought that the drug impacts mitochondrial dysfunction and it may be mitochondrial protective. Mitochondrial dysfunction is thought by many researchers to be one of the hallmarks of Alzheimer’s disease.

Avanex Life Sciences is approaching Alzheimer’s

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On Wednesday, Jacobs Engineering Group Inc. (JEC) received a 2-year extension of its term on the National Engineering and Environmental Consultancy (NEEC) Agreement framework with the Environment Agency of England and Wales.   Jacobs will provide project management and full-design services in support of the Environment Agency's national flood and coastal risk management and water resources capital works programs. However, the financial terms were not disclosed.   The consultancy framework, one of the largest in the public sector in U.K. with an investment of approximately US$89 million in 2008-2009, includes project identification, option appraisal through detailed design and contract documentation, contract supervision, and post-project appraisals. The agreement emphasizes value for money, program management, health and safety and sustainable design within a competitive environment. The framework agreement has been extended to October 2011.   The Environment Agency, a government body in the U.K., aims to protect and improve the ...

Global Industries is a leading offshore solutions provider of construction, engineering, project management and support services. Its services include pipeline construction, platform installation and removal, project management, construction support, diving services, diverless intervention, and marine support services.

The company is capable of installing pipelines using the reel method of pipeline construction. Under the reel method, welding and testing are performed onshore, then the pipe is spooled in one continuous length onto a large reel on a specially designed major construction vessel. Once the vessel is in the proper position offshore, the pipe is unspooled onto the ocean floor as the vessel moves forward.

As the world’s dependence on fossil fuel increases, Global is poised to continue its expansions, thus alienating itself from competitors. The expansion of its operations makes it possible to handle work from any of the major oil-producing regions of the world.

Let us hear your thoughts: Global

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Consorteum Holdings Inc. is a company in the financial services, payment and transaction processing industries. The company’s services provide clients with customized, innovative technological, right source solutions that create, augment and enhance existing payment and transactional processing systems.

Consorteum Holdings has assembled their management team with great care. This dedicated management team brings together a wealth of knowledge in the financial, payment and transaction processing industries. The team also brings over a century of high-level expertise that will be used to lead the company in the future.

CEO and Director Craig Fielding has nearly two decades of business management experience. After having served in senior management roles in systems, sales and services for Xerox, he has subsequently developed consulting businesses, sat on the management team at Soft Tracks Enterprises, and was part of the management start-up team at Mint Technology Corp.

President/COO and Director

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