Petrochemicals | Egypt Oil & Gas - Part 4

Iraq to Proceed with Nebras Petrochemical Project

Iraq’s oil minister, Ahsan Ismail, reiterated the country’s willingness to progress with the implementation of the Nebras project to strengthen Iraq as a global player in the petrochemicals market.

Enppi Completes Desulfurization Facility in Arabian Gulf Region

Enppi has successfully completed the desulfurization facility in the Arab Gulf region, which aims to produce 435 million barrels per day (mmbbl/d) of sulfur-free water for wells’ injection.

BP Sells Petrochemical Business for $5 B

British Petroleum (BP) has announced the sale of its global petrochemicals business to INEOS for $5 billion as part of BP’s strategic reinvention.

South Pars Exports 4.4 MM Tonnes of Oil

Pars Special Economic Energy Zone (PSEEZ) exported a total of 4.4 million tonnes of oil products from March to June.

OQ Establishes New Alternative Energy Business Stream

OQ, Oman’s state-owned integrated energy and petrochemicals powerhouse, has established a new business stream focused on investments in renewable and alternative energy resources.

Iran to Produce Three New Butane Items in Mahshahr

The first petrochemical project in Mahshahr, in Southwestern Iran, is nearing its conclusion for the butane chain that will produce three new items.

Iran Plans to Increase Annual Propylene Output to 3 MM Tonnes 

Iran’s propylene output is set to reach 3 million tonnes per annum after the completion of the country’s new projects, which will be finished by 2025.

KBR, LTHE Sign MoU for Petrochemical Projects 

KBR and LTHE have signed a memorandum of understanding (MoU) to collaborate on future petrochemical projects in India, South East Asia, the Middle East and Africa.

Aramco Completes Acquisition of 70% Stake in SABIC

Saudi Aramco, the world’s largest oil company, has announced the acquisition of a 70% stake in the petrochemical company Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF).

China to Shut Down Smaller Refineries, Build Giant Complex  

China’s Shandong will go ahead with plans to shut down smaller, independent oil refineries with a combined capacity of 500,000 barrels per day (bbl/d) to make way for a giant complex that should aid economic recov ...

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