Middle East downstream news

Covestro, Fertiglobe, and TA’ZIZ have signed a memorandum of understanding (MoU) to explore collaboration across petrochemicals sector and the ammonia and nitric acid value chains.

OQ and Kuwait Petroleum International (KPI) have signed a Project Development Agreement of a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD), Oman.

PETRONAS has signed a 20-year LNG sale and purchase agreement with QatarEnergy.

ADNOC and TAQA have announced the signing of a 27-year Utilities Purchase Agreement to supply critical utilities to the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi, UAE.

Topsoe has announced its selection as the ammonia technology licensor for ACWA's Yanbu Green Hydrogen Project in the Kingdom of Saudi Arabia.

ADNOC Gas plc and its subsidiaries have announced the signing of a sales and purchase agreement valued at between US$2.5 - 3 billion for a period of 10 years with Hindustan Petroleum Corp. Ltd.

TotalEnergies and Bapco Energies have launched BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery.

Borouge Plc has announced the completion of a proof of concept for AI-powered autonomous operations at its Ruwais facility, UAE, delivered in collaboration with Honeywell.

KBR has announced that it has been awarded a contract for its PureMSM green methanol technology by Fikrat Al-Tadweer for a biomethanol plant in Saudi Arabia for transforming landfill-gas into clean fuels.

Kelton has announced two new contracts in the Middle East, totalling over US$1.3 million for an initial scope of work.