Middle East
Saudi's Sadara commissions last plant of its Saudi petchem complex
KHOBAR, Saudi Arabia (Reuters) — Saudi-based Sadara Chemical Co, a $20 B JV between Saudi Aramco and US firm Dow Chemical has commissioned the last plant at its petrochemicals complex in Jubail, Saudi Aramco said on Monday.
CB&I awarded storage project for Saudi Aramco refinery
THE WOODLANDS, Texas — CB&I announced it has been awarded a contract by Técnicas Reunidas, S.A. for new product storage tanks that will be part of a clean fuels expansion project at Saudi Aramco's refinery in Ras Tanura, Saudi Arabia.
Fluor’s phosphate megaproject in Saudi Arabia begins production
IRVING, Texas — Fluor Corporation announced that the Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) Umm Wu’al Phosphate Project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertilizer. Fluor is providing overall program management services for this $8 B megaproject, in addition to engineering, procurement and operations and readiness services for various scopes.
Tüpraş selects Jacobs sulfur recovery Technology for three refineries
DALLAS — Jacobs Engineering Group Inc.’s proprietary EUROCLAUS sulfur recovery technology was selected by Tüpraş for its new sulfur recovery units that will be installed in the company’s Izmit, Izmir and Kirikkale refineries in Turkey.
IEA says strong oil demand growth helping market rebalance
LONDON (Reuters) — World oil demand will grow more than expected this year, helping to ease a global glut despite rising production from North America and weak OPEC compliance with output cuts, the International Energy Agency said on Friday.
Iraq wants to reopen old Saudi crude exports pipeline
DUBAI (Reuters) — Former Iraqi oil minister Ibrahim Bahr Al Olum said it was necessary for Iraq to regain an old pipeline that used to export Iraqi crude through Saudi Arabia, Saudi-owned Al Hayat newspaper reported on Thursday.
KBR signs agreement with Saudi Aramco to expand in-kingdom localization efforts
HOUSTON — KBR, Inc. has entered into a Memorandum of Understanding (MoU) with Saudi Aramco to expand and develop KBR's services for Saudi Aramco in line with the Kingdom of Saudi Arabia's (KSA) localization objectives.
OPEC expects laggards to comply more fully with oil cut pact
DUBAI/LONDON (Reuters) — OPEC expects greater adherence to its pact with non-OPEC producers to cut oil output after two days of meetings in Abu Dhabi aimed at boosting compliance with the accord.
Saudi Arabia cuts crude oil allocations in Sept by more than its OPEC pledge
DUBAI/SINGAPORE (Reuters) — Saudi Arabia will cut crude oil allocations to its customers worldwide in September by at least 520,000 bpd, an industry source said on Tuesday, as the top oil exporter makes good on its pledge to help rein in a global supply glut.
South Korea's SK E&C signs $1.6 B deal to modernize Iran oil refinery
SEOUL (Reuters) — South Korea's SK Engineering & Construction said on Sunday it had signed a deal with Iran's Tabriz Oil Refining Company worth $1.6 B to renovate the Iranian company's refinery facility.
- Kumho Mitsui Chemicals begins operation of chlor-alkali plant using thyssenkrupp nucera technology 6/16
- MAIRE, Azerbaijan partner to increase sustainability projects in Azerbaijan 6/16
- Mitsubishi Gas Chemical, RITE partner to convert captured CO2 into methanol 6/16
- Yara Clean Ammonia supports groundbreaking ammonia bunkering pilot in Pilbara (Australia) 6/16
- Syensqo signs carbon fiber composites recycling contract with Fairmat 6/16
- OCI Global receives U.S. regulatory approval for the sale of its global methanol business to Methanex Corp. 6/16
