Middle East downstream news
ADNOC and ADQ form joint venture to invest in UAE chemicals sector
ADNOC and ADQ will jointly evaluate and invest in anchor chemicals projects within the planned Ruwais Derivatives Park.
Middle East to remain key supplier of petrochemicals
GlobalData has reported that the Middle East is expected to remain a key supplier of petrochemicals post-pandemic.
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.