Middle East downstream news
Mercantile & Maritime Group launches Middle East’s largest biofuel facility
The expansion is of its fully owned and operated facility, MENA Terminals in Fujairah, to launch a biofuel processing plant valued at AED$2.2 billion.
ADNOC secures 15 year Sales and Purchase Agreement for Ruwais LNG Project
ADNOC has announced the signing of the first long-term sales and purchase Agreement (SPA) for the lower-carbon Ruwais LNG project, which is currently under development in Al Ruwais Industrial City, Abu Dhabi, UAE.
Petronet LNG selects Lummus' Novolen technology for plant in India
Lummus Technology has announced an award from Petronet LNG Ltd. Petronet will license Lummus' Novolen® polypropylene (PP) technology for a new 500 000 tpy plant in Dahej, Gujarat, India.
ADNOC secures equity position and LNG offtake agreement in NextDecade's Rio Grande LNG project
ADNOC has announced the acquisition of a 11.7% stake in Phase 1 (Trains 1-3) of NextDecade's Rio Grande LNG project located in Texas, US.
ADNOC delivers first ever bulk shipment of CCS-enabled certified low-carbon ammonia to Japan
ADNOC has delivered the world’s first certified bulk commercial shipment of low-carbon ammonia enabled by carbon capture and storage (CCS) to Mitsui & Co., Ltd. (Mitsui) for use in clean-power generation in Japan.
ADNOC signs third long-term Heads of Agreement for Ruwais LNG project
ADNOC has signed a 15-year Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW) for the delivery of 0.6 million tpy of LNG.
Integrated Global Services recognised for role in mega turnaround
Integrated Global Services (IGS) has been recognised as a major contributor to the successful Ras Tanura Refinery (RTR) 2024 Mega Turnaround and Inspection (T&I) for Aramco.
US$500 million in value generated by ADNOC through deployment of AI solutions in 2023
ADNOC has announced that it generated US$500 million (AED1.84 billion) in value by deploying artificial intelligence (AI) solutions in 2023.
ADNOC closes acquisition of 24.9% stake in OMV
ADNOC has announced that it has formally closed the acquisition of a 24.9% shareholding in OMV AG (OMV), a global energy and chemicals group.
QatarEnergy and CPChem celebrate construction start for Ras Laffan Petrochemicals project
QatarEnergy and Chevron Phillips Chemical (CPChem) have celebrated the commencement of construction of a US$6 billion integrated polymers complex in Ras Laffan Industrial City, Qatar.