Middle East downstream news

Aramco and Microsoft have signed a non-binding MoU to help Aramco explore digital initiatives designed to accelerate industrial AI adoption, enhance digital capabilities, and strengthen workforce development in Saudi Arabia.

KBR and Petro Rabigh have announced a strategic 10 year general maintenance services contract covering Petro Rabigh Polymer I and Polymer II plants at Rabigh in the Kingdom of Saudi Arabia.

JERA Co., Inc. has announced the signing of a long-term LNG sale and purchase agreement with QatarEnergy to secure the supply of 3 million tpy for 27 years.

Covestro, Fertiglobe, and TA’ZIZ have signed a memorandum of understanding (MoU) to explore collaboration across petrochemicals sector and the ammonia and nitric acid value chains.

OQ and Kuwait Petroleum International (KPI) have signed a Project Development Agreement of a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD), Oman.

PETRONAS has signed a 20-year LNG sale and purchase agreement with QatarEnergy.

ADNOC and TAQA have announced the signing of a 27-year Utilities Purchase Agreement to supply critical utilities to the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi, UAE.

Topsoe has announced its selection as the ammonia technology licensor for ACWA's Yanbu Green Hydrogen Project in the Kingdom of Saudi Arabia.

ADNOC Gas plc and its subsidiaries have announced the signing of a sales and purchase agreement valued at between US$2.5 - 3 billion for a period of 10 years with Hindustan Petroleum Corp. Ltd.

TotalEnergies and Bapco Energies have launched BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery.