Shell awards major building contracts for Houston expansion
Shell Oil Co. awards prime contracts to Blax Knox Co. and BL W Kellock Co. for a $100 million Houston Deer Park refinery expansion. Project adds 225000 bpd crude intake, new distillation, hydrocracker, hydrogen plant, catalytic reformer, and light hydrocarbon recovery units, plus pollution controls costing about $4 million. Local Texas firms Active. completion targeted late 1970s.
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Houston
Blax- Knox Co
Pittsburgh
BL W. Kellock Co
New York
Shell Oil Co
L. T.wilson
Deer ‘Park
Shell
U. S
National Industrial] Co., Inc
Carpenter Construction’ Co
E.N. Wolcott Corp
Mid-Valley, Inc
Shell Chemical
Deer Park
Large Oil Firms Report First Half Gain
Tulsa report shows 23 major US oil firms earned 2.92 billion dollars in the first half of 1968, a 16.1 percent rise from a year earlier amid tax hikes and higher costs. The balance sheets note firmer domestic prices and higher production, with European markets lifting some majors. The Journal forecasts a 5.2 percent full-year gain, with eight percent profit growth for large companies, as capital needs to 1580 reach up to 200 billion dollars.
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OW and Gas Journal
Journal
Lowe J
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