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The World Bank and the G-7:
Changing the Earth's Climate for Business

An analysis of World Bank fossil fuel project funding
from 1992 to 1997

A collaborative study authored by the Sustainable Energy and Economy Network (Institute for Policy Studies, U.S.) and the International Trade Information Service (U.S.), in association with Halifax Initiative (Canada), and Reform the World Bank Campaign (Italy).

 

Appendix One: G-7 corporate involvement in World Bank-financed fossil fuel projects


The following list details known G-7-based corporate involvement in Bank-financed fossil fuel projects included in the inventory sections of this report. This involvement ranges from supplying equipment or management services to Bank-financed fields and plants to total ownership of the financed project. The following should not be seen as being comprehensive: A more exhaustive search for information about individual projects and further examination of Bank procurement awards would certainly add to this list.

CANADA
Acres International
Pakistan (gas field engineering services)
Bonus Petroleum
Kazakhstan (oil industry investor/supplier)
Bow Valley Energy
Indonesia (gas field holder)
Calgary Overseas
Russia (oil company investor)
Canadian Fracmaster
Russia (oil company investor, contractor)
Capco
Pakistan (oil power plant investor)
Carmanah
Indonesia (gas field holder)
Dreco Energy Services
Russia (oil field workover rigs and other equipment)
HBT Agra Ltd.
Tanzania (assessment of Songo Songo gas development)
Hurricane Hydrocarbons
Kazakhstan (50% oil field owner)
International Petroleum Corp.
Papua New Guinea (oil and gas field investor)
Jebsen & Co.
China (equipment for coal-fired power project)
Norcen
(possibly) Guatemala (may merge with Basic, oil field owner)
Nova
Argentina (gas pipeline owner, gas power plant investor)
Novus
Indonesia (gas field holder)
Ocelot
Tanzania (gas field and power plant owner/operator)
Petrus Well Service
Russia (oil company investor)
Snow Leopard ReSources
Kazakhstan (oil industry investor/supplier)
Stone & Webster
Tanzania (gas power plant turbines)
Talisman
(possibly) Indonesia (pipeline construction)
TransCanada PipeLines
Tanzania (gas field, pipeline and power plant owner/operator)
V.C. Wilhelm
Tanzania (gas power project consultant)
Wascana
Venezuela (oil field operator)
FRANCE
Alsthom
Cote d'Ivoire (gas power plant builder); Philippines (coal power plant turbines and boilers); Romania (coal power plant rehab); Zimbabwe (coal power plant rehab)
Basic
Guatemala (oil field and pipeline owner)
Campenon Bernard SGE
Pakistan (oil power plant contractor)
Corex
Venezuela (oil field operator)
Electricite de France
Cote d'Ivoire (gas power plant owner); Kenya (power sector consultant)
Elf-Aquitaine
Cameroon (25% owner of oil field); Chad (20% owner of oil field); Congo (51% oil field owner); Russia (oil company investor)
European Gas Turbines
Oman (Gas power plant turbines)
Gaz de France
Kazakhstan (25% oil field owner)
Geoservices
China (gas development well equipment); Russia (oil field rehab equipment)
Groupe Norelec
Zimbabwe (coal power plant equipment)
Ipedex
Cote d'Ivoire (power sector consultant)
Le Materiel de Voie
China (coal power plant equipment)
Malbranque
Russia (oil rehabilitation equipment)
Saur
Cote d'Ivoire (gas power plant owner); (possibly) Chad (electricity company bid)
Societe d'Etudes: China (equipment for gas field development)
Stein Industrie
India (coal power plant boilers)
Total
Argentina (oil basin investor/explorer/producer); Thailand (gas field operator)
Trouvay & Cauvin
Russia (oil rehabilitation equipment)
GERMANY
Claudius Peters
Russia (oil rehabilitation project housing)
Deminex
Argentina (oil basin investor/explorer); Russia (oil company investor)
EMC Aushandels GmbH
Russia (oil rehab equipment)
Kat Oil
Russia (oil company investor)
Klockner
Russia (oil rehab equipment)
Mannesmann
(possibly) Chad (oil pipeline construction); Indonesia (gas pipeline construction)
Panalpina
Russia (oil rehab services)
RWE-DEA
Kazakhstan (25% oil field holder)
ITALY
Ansaldo Energia
Pakistan (oil power plant turbines); Zimbabwe (power station equipment)
Ctip/Fochi
Pakistan (gas field operator)
Eni (including Agip)
Kazakhstan (oil field investor/supplier); Russia (oil company investor); possibly: Turkey (pipeline bid)
Lahmeyer International
Indonesia (coal power sector advisor)
Nuovo Pignone
Pakistan (gas processing equipment)
Saipem
Azerbaijan (oil field equipment supplier); (possibly) Chad (oil pipeline construction bid); Thailand (gas pipeline builder)
JAPAN
Ishikawajima-Harima Heavy Industries
Pakistan (oil power plant investor, contractor)
Itochu
Azerbaijan (oil field investor, equipment); Indonesia (gas field holder)
Itoh
Russia (oil company investor)
JGC
Thailand (refinery equipment supply)
Japan Oil Engineering Co.
Bangladesh (gas infrastructure consultant)
Japan Petroleum Exploration Co.
Papua New Guinea (oil and gas field investor)
Marubeni
Vietnam (gas power plant construction)
Mitsubishi
Pakistan (equipment supplier, coal and oil power plants); Papua New Guinea (oil and gas field investor); Russia (oil rehab equipment); (possibly) Chad (power plant bid)
Mitsui
China (boilers and turbines for power plant); Indonesia (33% coal power plant owner); Pakistan (oil power plant investor, contractor; power plant builder); Thailand (20% gas field owner); Vietnam (gas power plant partner)
Nichimen Corp.
Pakistan (oil power plant eqiupment); Russia (oil field rehab equipment)
Nihon Cement
India (power plant partner)
Nippon Oil Co.
Papua New Guinea (oil and gas field investor)
Nissho Iwai Corp.
Pakistan (10% investor in oil power plant); Papua New Guinea (oil and gas field investor); Thailand (refinery equipment supply)
Tomen
Pakistan (oil and diesel power plants investor)
Toshiba
Pakistan (oil power plant turbine)
Toyo Engineering
Indonesia (coal power plant services)
Sumitomo
Bangladesh (gas pipeline equipment)
U.K.
Amec Power
Oman (gas power plant power lines, transformers)
BOC Holdings
Venezuela (oil refinery investor)
Baker Tools
Pakistan (gas field equipment); Russia (oil field equipment)
British Gas
Indonesia (gas field consumer); Kazakhstan (oil industry investor), Pakistan (gas field contractor); Vietnam (gas power plant partner)
British Petroleum
Azerbaijan (oil field producer/investor); Papua New Guinea (oil and gas field investor); Russia (oil company investor)
Burmah Castrol
Pakistan (64% gas field owner)
BW Mud Ltd.
Russia (oil field supplies)
Cairn Energy
Bangladesh (gas reserve holder)
Crown Agents
Russia (oil field services)
Dana Petroleum
Russia (oil company investor)
Enterprise Oil
Romania (oil investor)
GEC
Philippines (coal power plant turbines and boilers); Romania (coal power plant rehab)
H & G Engineering
China (technical assistance to gas-related plant)
Halliburton
Bangladesh (gas reserve holder); China (gas field equipment); Mozambique (gas field contractor)
Hamilton Oil
Russia (oil company investor)
International Mining Consultants
India (coal sector technical assistance)
KCA
Mozambique (gas field appraisal)
Midlands Electricity
Pakistan (40% gas power plant owner)
National Power
Pakistan (26% owner of gas field customer; 40% owner of oil power plant)
Parsons Turbine Generators (Rolls Royce Power)
India (coal power plant contractor)
Ramco
Azerbaijan (oil field investor)
Shell (also based in the Netherlands)
Bolivia (25% owner of gas pipeline co.); Cameroon (owns oil company); Chad (40% oil field, pipeline owner); Romania (oil investor); possibly: Turkey (pipeline bid)
U.S.
AES
Pakistan (owns coal power plant and a oil power plant)
Amoco
Azerbaijan (oil field producer/investor); Bolivia (50% owner, oil production company); Guatemala (oil field customer); Poland (coal bed methane exploration); Romania (oil investor); Russia (oil company investor); possibly: Kazakhstan (oil field bidder)
Anglo-Suisse
Russia (oil company investor)
Arco (Atlantic Richfield)
Russia (oil company investor)
Apache Oil
Egypt (75% oil and gas field owner, operator); Cote d'Ivoire (gas field operator)
Applied Industrial Materials
India (coal power plant investor)
Avanti Consulting
Russia (oil field services and support)
Baker Hughes
China (gas field equipment); Russia (oil company investor, equipment)
Bechtel
(possibly) Chad (oil pipeline construction bid)
Bethlehem Pipe
Russia (oil field equipment)
Benton Oil & Gas
Russia (oil company investor)
Cardwell International
Russia (oil field equipment)
Chevron
Azerbaijan (oil field equipment); Congo (30% oil field owner); Indonesia (gas field holder); Thailand (32% refinery owner); possibly Turkey (pipeline bid)
CMS Energy
Ghana (oil and gas power plant partner); India (19% gas power plant owner, operator; coal power plant investor); Jamaica (diesel power plant owner); Morocco (50% coal power plant owner)
Coastal
Pakistan (owner of oil power plant); Romania (oil investor)
Cogen
Pakistan (coal power plant investor)
Computer & Telecoms System (gas power project equipment)
De Golyer & MacNaughton
Bolivia (gas industry consultant)
Duke Power
Indonesia (coal power plant construction and engineering services)
DuPont (Conoco)
Russia (oil company investor)
Edison International
Indonesia (40% coal power plant investor)
El Paso Energy
Argentina (investor in oil company)
Enron
Bolivia (25% gas pipeline owner); China (evalutating gas joint venture in Sichuan, ) ; Colombia (39% gas pipeline owner); Dominican Republic (oil-fired power plant partner); Guatemala (diesel power plant 50% owner, operator); Indonesia (gas field consumer); Mozambique (gas field owner); (possibly) Croatia (gas power plant bid)
Entergy
Pakistan (oil power plant investor)
Exxon
Argentina (refinery operator); Azerbaijan (oil field producer/investor); Chad (40% oil field, pipeline owner); Indonesia (gas field holder); Russia (oil company investor, equipment for rehab project)
Fluor Daniel
Indonesia (coal power plant services)
Foster Wheeler
Argentina (investor in refinery equipment); Venezuela (investor in refinery equipment)
General Electric
Hungary (gas power plant turbine); Indonesia (12.5% coal power plant investor); Pakistan (gas power plant investor, construction and equipment contractor)
Gulf
Indonesia (gas field holder)
Hawkins Oil & Gas
Pakistan (gas power plant investor)
Hill International
Armenia (gas power plant construction manager)
Honeywell
Hungary (gas power plant equipment)
Houston Industries
India (20% owner coal power plant, technical services)
Hughes Christensen
Russia (oil field equipment)
Hunton & Williams
Tanzania (gas field legal services)
Illinova
Honduras (diesel power plant investor); Jamaica (diesel power plant investor)
IRI
Russia (oil field equipment)
LTV
Russia (oil field equipment)
K H International
Kazakhstan (oil industry investor/supplier)
K & M
Pakistan (oil power plant investor)
K & N Engineering
Vietnam (gas power plant consultant)
King Ranch Inc.
Guatemala (50% diesel power plant investor)
Maxus
Indonesia (gas field holder)
McDermott
China (equipment for coal power plant); Guatemala (diesel power plant barge builder); Pakistan (oil power plant boilers, investor); Zimbabwe (power plant parts and services)
McDonnell Douglas
Jamaica (diesel power plant investor)
MI Drilling
Romania (oil investor)
Mobil
Argentina (oil producer); Indonesia (gas field holder);
Morrison Knudson
Mongolia (coal sector assistance)
Nomenco
Venezuela (oil field operator)
Northern States Power
Czech Republic (coal power plant investor)
NRG Energy
Czech Republic (coal power plant investor)
Occidental
Bangladesh (gas field holder); (Possibly) Argentina (partner in oil field)
Oceaneering International
Cote d'Ivoire (oil and gas field engineering)
Oryx
Kazakhstan (oil industry investor/supplier)
Parsons Corp.
Ethiopia (building gas processing plant)
Pennzoil
Azerbaijan (oil field investor)
Polyken Technologies
Russia (oil field equipment)
Public Service Electric and Gas Co. (Community Energy Alternatives)
India (coal power plant partner)
Raytheon
Pakistan (gas power plant project manager)
Reed Tool
Russia (oil field equipment)
Santa Fe Energy ReSources
Indonesia (gas field holder)
Scudder
Honduras (diesel power plant investor); Jamaica (diesel power plant investor)
Seagull Energy
Cote d'Ivoire (10% oil and gas field owner); Egypt (25% oil and gas field owner)
Smith International
Russia (oil field equipment)
Solomon
Russia (oil company investor)
Southern Co.
Philippines (coal power plant owner)
Stewart & Stevenson
Tanzania (gas turbine supplier)
Tenaska
Pakistan (gas power plant investor)
Texaco
Indonesia (gas field holder); Russia (oil company investor); Thailand (32% refinery owner)
Thermo Ecotek
Dominican Republic (oil power plant investor)
Thermo Sentron
Indonesia (coal power plant equipment)
Triton Vuko
Kazakhstan (oil industry investor/supplier)
United Engineers
Philippines (coal power plant rehab consultants)
United Meridian Corp. (UMC)
Bangladesh (gas field holder); Cote d'Ivoire (25% oil and gas field owner; gas processor)
Unocal
Azerbaijan (oil field investor); Bangladesh (gas field holder); Thailand (80% gas field owner); possibly: Kazakhstan (oil field bidder), Turkey (oil pipeline bid)
Varco International
Russia (oil field equipment)
Wackenhut
Chad (oil pipeline security)
Wai Atlas Wireline Services
China (gas fild equipment)
Westinghouse
China (coal power plant turbine generator); Poland (coal power plant rehab partner)
Willbros
(possibly) Chad (pipeline construction bid)

Last modified: Sun Jun 22 00:49:46 MET DST 1997

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