Middle East downstream news
Mammoet awarded two contracts for Duqm oil refinery
Mammoet has announced the award of two contracts for the Duqm oil refinery.
WEG wins Oman refinery contracts
WEG has announced that it has been awarded contracts for a refinery project in Oman.
KPIC and Honeywell extend strategic collaboration
Honeywell has announced that it has signed a multi-million dollar contract with KPIC, extending their collaboration.
CLG, NAPCON, and Bapco open centre of excellence
CLG, NAPCON, and Bapco have celebrated the opening of an LC-FINING centre of excellence in Bahrain.
Brooge announces technical studies for refinery and oil terminals
Brooge has appointed MUC to complete technical studies for a 180 000 bpd refinery and Phase III oil storage terminals.
Petrofac provides Dalma project update
Petrofac has received notice of termination from ADNOC of two recent contracts for the Dalma Gas Development Project.
Strategic agreement signed for Abu Dhabi storage terminal
Abu Dhabi Ports and Arabian Chemical Terminals have signed a strategic agreement for the development of a commercial bulk liquid storage terminal.
Up to 3 million bpd of extra oil could hit market from April
Rystad Energy has reported on the 3 million bpd of extra crude which can hit the market from April, with more coming in May.
Saudi Aramco releases 2019 financial results
Highlighting strong profits despite a challenging macro environment, Saudi Aramco has released its 2019 financial results.
Iran to contribute 31% of Middle East refinery capacity additions
GlobalData has reported that Iran is set to lead Middle East new-build refining capacity additions by 2024.