SABIC | Egypt Oil & Gas - Part 4

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...

Saudi Aramco, SABIC sign MoU for Petrochemical Complex

Saudi Aramoc and Saudi Basic Industries Corporation (SABIC) signed a memorandum of understanding (MoU) for the construction of a petrochemical complex, Reuters reports. The projected cost of the project is billion. Th...

Saudi Aramco, SABIC Explore Options for Petrochemical Production

Saudi Aramco and Saudi Basic Industries Corporation (SABIC) are conducting a feasibility study for a facility to convert crude oil directly into petrochemicals, Platts reports. The direct conversion would eliminate th...

Saudi SABIC Records Cost Slump, Low Sales

Acting Chief Executive of Saudi Basic Industries Corp (SABIC), Yousef Abdullah al-Benyan, announced that the giant company has recorded an 18% slash in its Q2 costs of 2016, down from the first three months of the yea...

Saudi SABIC, Exxon Seek to Build Petchem Complex in the US

An US Exxon Mobil affiliate and Saudi Basic Industries Corporation announced they are considering constructing a jointly owned petrochemical complex on the US Gulf Coast. The development would potentially be located i...

Saudi Arabia to Boost Energy Cooperation with China

Saudi Arabia considers boosting energy cooperation with China, after discussions took place between China’s Vice Premier, Zhang Gaoli, and other officials in Beijing during a G20 ministerial meeting. According to Saud...

Aramco, Sabic to Cooperate First Time on Oil-to-Chemicals

Saudi major petrochemicals producer Saudi Basic Industries Corporation (Sabic) has agreed with the national oil giant Saudi Aramco to conduct a joint feasibility study on a proposed oil-to-chemicals project, Sabic ann...

Saudi Arabia Agrees Petchem Project with China

Saudi Arabia’s giant petrochemical coporation, SABIC, inked a deal with Chinese Shenhua Ningxia Coal Industry Group to build a petrochemical complex in China, Reuters reported. This came as a part of the Saudi k...

Saudi Aramco to Ink a Deal with SABIC

National oil giant Saudi Aramco expects soon to sign a Memorandum of Understanding (MoU) with Saudi Basic Industries for a joint oil-to-chemicals project, Chief Executive Amin, Nasser said, according to Reuters. SABIC...

SABIC Unconcerned Over Iran’s Petchem Competition

Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals companies, downplayed the possible threat posed to Saudi Arabia’s petrochemicals industry from Iran’s reentry into the i...

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