Middle East downstream news
Saudi Aramco and Total to develop fuel and retail network in Saudi Arabia
The 50:50 joint venture plans to invest around US$1 billion over the next six years in the Saudi fuel retail market.
GlobalData: EMEA region recorded most contracts in the oil and gas industry in 4Q18
Of the 1132 awarded contracts reported in the oil and gas industry in 4Q18, 487 were in EMEA.
SABIC, Saudi Aramco declare intent to develop Yanbu industrial park
The signing took place on the sideline of the inauguration ceremony of the National Industrial Development & Logistics Program (NIDLP).
Saudi Aramco, TechnipFMC and Axens advance crude-to-chemicals technology
The technology has the potential to convert more than 60% of a barrel of crude oil into chemicals.
ADNOC signs refining and trading partnership agreements with Eni and OMV
Following a highly-competitive selection process, Eni was awarded a 20% share in ADNOC Refining, with OMV awarded a 15% share.
Rosneft enters into agreement for management of Lebanese oil products terminal
The agreement was reached with the Ministry of Energy and Water of the Lebanon Republic.
Saudi Aramco and Air Products to build Saudi Arabia’s first hydrogen fuelling station
Saudi Aramco and Air Products will establish a pilot fleet of fuel cell vehicles for which high-purity compressed hydrogen will be dispensed at the new fuelling station.
Nakilat-Keppel receives first FSRU at Erhama Bin Jaber Al Jalahma Shipyard
The FSRU, owned by Excelerate Energy, will undergo drydocking, maintenance and upgrades at the facility.
McDermott awarded EPC contract in Saudi Arabia
The fixed lump sum contract encompasses the engineering, procurement and fabrication of four Ammonia Tanks and nine CB&I storage tanks.
Sipchem schedules periodic maintenance turnaround for diol plant
The financial impact of the scheduled maintenance will be announced once the activity is completed.