downstream | Egypt Oil & Gas - Part 5
Qatar Petroleum Launches Bidding for New Petrochemicals Complex
Qatar Petroleum (QP) has invited companies to bid for development and operation contracts for a new petrochemicals complex at Ras Laffan Industrial City, Reuters reported. The new petrochemicals complex will house an ...
ADNOC, Cepsa Agree Deal for Ruwais LAB Facility
Abu Dhabi National Oil Company (ADNOC) and Spain’s Cepsa have signed a project development agreement for a new linear alkylbenzene (LAB) facility in Abu Dhabi’s Ruwais refining and petrochemicals complex, Reuters repo...
Sonatrach Expands its Petrochemical Ventures
Algerian state-run energy company Sonatrach is making acquisitions to increase its petrochemicals business with the view of reducing the north African country’s fuel imports and boosting revenue, Reuters reporte...
ADNOC to Invest $50B in Downstream Operations
Abu Dhabi National Oil Company (ADNOC) announced on May 13 plans to invest almost $50 billion over five years to develop its downstream business, Reuters reported. ADNOC will add a third refinery at its Ruwais complex...
Kuwait to Complete Al Zour Refinery by 2019
The Al Zour refinery project is expected to be completed by December 2019, according to a statement from Khaled Mahdi, Kuwaiti secretary general of the supreme council for planning and development, Oil and Gas News ha...
Polish Refinery to Increase Crude Purchases from Saudi Aramco
State-run Polish refinery PKN Orlen plans to increase its monthly crude purchases from Saudi Aramco by 100,000 tons of Arabian Extra Light, bringing its total imports from Aramco to 300,000 tons, the company announced...
Saudi Aramco Awards Management Contract for Oil-to-Chemicals Program
Saudi Aramco and Sabic awarded the US engineering firm KBR a project management contract for their joint oil-to-chemicals project, the National reported. “With the addition of KBR to the project, Saudi Aramco an...
Aramco Accounts Reveal Low 2017 Downstream Profits
The majority of Saudi Aramco’s profits in the first six months of 2017 came from its upstream ventures, with the company’s downstream profits remaining far behind those of its major rivals, Bloomberg reported. Aramco ...
