Petrochemical | Egypt Oil & Gas

Iran, China Sign MoU in Petrochemicals

Iran announced that it has signed a memorandum of understanding (MoU) with China to provide technical know-how and implement a project of Fanavaran Petro Olefin Company.

Petrofac, STEP Ink $1.5B EPC Contract in Algeria

Petrofac and STEP Polymers SPA, which is a 100% subsidiary of Sonatrach that works for petrochemical complex in the Arzew Industrial Zone in Algeria, have entered into a definitive agreement.

STEP Polymers SPA Selects Petrofac, HQC for $1.5B Project in Algeria

STEP Polymers SPA, a 100% Sonatrach subsidiary, has selected the Petrofac and Huanqiu Contracting & Engineering Corporation (HQC) joint venture (JV) to execute a significant petrochemical project in Algeria.

Iran, Iraq Oil Ink Energy Cooperation MoU

Iran, Iraq signed a memorandum of understanding (MoU) to cooperate in oil, gas, and petrochemical projects.

Aramco, TotalEnergies Takes FID to Build a Giant Petrochemical Complex in Saudi Arabia

The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have made the final investment decision (FID) for the construction of a world scale petrochemical facility in Saudi Arabia.

Iran Expects Petrochemical Revenues of $14 Billion by end of March 2022

The Deputy Minister of Petroleum for Petrochemical Products Morteza Shahmirzaei announced that Iran has received revenues of $12.5 billion from petrochemical exports by the end of the current calendar year which s ...

Egypt Develops National Petrochemical Plan through 2040

The Egyptian petrochemicals industry will witness a leap in light of the new projects that are currently being executed with investments estimated at $8 billion.

Iran Commences Construction of Mahtab Parsian Petrochemical Plant Construction

Iran announced the commencement of building the project of Mahtab Parsian Petrochemical Plant which is implemented by Petrofarhang Petrochemical Holding Company.

Sinopec Begins Establishment of Carbon Capture Project in East China

China Petrochemical Corporation (Sinopec) has started the construction of carbon capture utilization and storage (CCUS) project in east project, the company announced on Monday.

Petrojet Raises Capital to EGP 6 B

Tarek El Molla, Minister of Petroleum and Mineral Resources, has agreed to raise Petrojet’s capital from EGP 3.6 billion to EGP 6 billion.

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