Middle East downstream news
Honeywell to be main automation contractor for KIPIC project
KIPIC has selected Honeywell as the main automation contractor for its PRIZe petrochemicals project in Kuwait.
ADNOC announces 4th Abu Dhabi CEO Roundtable
Thirty senior executives from the oil, gas and petrochemical industry will meet in Abu Dhabi to discuss the issues facing the energy sector.
Aramco and ADNOC boost 3Q19 contract value
GlobalData has reported that Aramco and ADNOC have expanded the value of contracts in 3Q19 despite a slight decrease in volume.
Saudi Aramco signs seven MoUs at the Future Investment Initiative
Saudi Aramco has signed MoUs with a number of companies exploring collaboration across the whole hydrocarbon value chain.
Iran to lead worldwide maleic anhydride capacity increases
GlobalData has reported that Iran is due to lead global maleic anhydride capacity additions by 2023.
PM Narendra Modi says Saudi Arabia to invest in Indian downstream projects
A partnership with India would help Saudi Arabia, the world’s top oil exporter, find a stable outlet for its crude.
McDermott awarded Amiral Complex contract
Saudi Aramco and Total have awarded McDermott a contract for what will be one of the largest mixed feed crackers in the world.
ADNOC and Russian Energy Agency sign agreement
ADNOC and the Russian Energy Agency have signed a far-reaching strategic framework agreement covering downstream oil, gas and petrochemicals.
COOEC-Fluor completes pipe spool fabrication work for KIPIC
COOEC-Fluor has announced that it has completed the pipe spool fabrication portion of its contract for KIPIC’s Al-Zour refinery project.
Middle East to contribute 43% to global acetic acid capacity additions
GlobalData has reported that the Middle East is to propel global acetic acid capacity additions by 2023.