Middle East downstream news

OQ and Royal Vopak have partnered to accelerate the development of Duqm as an integrated industrial hub.

Axens has completed its expansion of its ACAL site to produce hydrogenation tail gas treatment catalysts in Saudi Arabia.

Burckhardt Compression has won an order for digital monitoring solutions in a petrochemical facility in Saudi Arabia and has expanded its service offering in the Middle East.

AD Ports Group and Oylz Terminals have signed a strategic agreement to develop a petroleum storage terminal at Khalifa Port, in the UAE.

Aramco has completed its acquisition of a 50% stake in Blue Hydrogen Industrial Gases Co.

Oil prices are likely to be lower in 2025 than the previous year according to a report from Wood Mackenzie.

OMV and ADNOC are set to create a US$60 billion global polyolefins group, Borouge Group International.

Osaka Gas and ADNOC have signed a long-term LNG sale and purchase agreement.

Egypt has signed a framework agreement with the UK's Shard Capital for US$7 billion petrochemical complex in New Alamein.

Advario Oman has managed to earn its place on Oman’s Green List for meeting Oman’s environmental standard.