Middle East downstream news

The US Energy Information Administration (EIA) considers how geopolitical tensions across Europe and the Middle East have affected diesel and gasoline prices throughout the summer of 2025.

Veolia has announced the signing of an agreement between a consortium and SATROP to launch an industrial water initiative for the treatment and recycling of all industrial complex petrochemical effluents of Jubail Industrial City, Saudi Arabia.

Borouge is set to collaborate with Yokogawa to conduct a proof-of-concept for AI-powered autonomous control room operations at Borouge’s Ruwais facility in Abu Dhabi, UAE.

Wood is set to provide project management consultancy (PMC) services to develop Turkey’s largest polypropylene plant and associated terminal facility as part of the Ceyhan project.

Aramco has signed an US$11 billion lease and leaseback deal involving its Jafurah gas processing facilities with a consortium of international investors, led by funds managed by Global Infrastructure Partners (GIP), a part of BlackRock.

Bilfinger has been awarded a major FEED contract from Kuwait National Petroleum Co. (KNPC) for the new North Oil Pier at the customer’s MAA Refinery in Kuwait.

ADNOC Gas plc has announced the signing of a heads of agreement with Hindustan Petroleum Corp. Ltd to supply 0.5 million tpy of LNG for a 10-year term.

thyssenkrupp Uhde has signed a letter of intent (LOI) together with KÖKSAN for the delivery of two polymer plants in Türkiye and Iraq.

New Fortress Energy Inc., via a subsidiary, has executed a 5-year agreement for the deployment of the Energos Winter, an FSRU, with the Egyptian Natural Gas Holding Co. (EGAS).

ABB has been awarded a large order by bp, as the operator of the Sangachal terminal in Azerbaijan, to support the electrification and power grid stability of one of the world’s largest oil and gas terminals.