Middle East downstream news
US and Iran lead global polyethylene capacity growth to 2026, says GlobalData
Latest report forecasts global market capacity to grow by 40.4 million tpy.
MHI receives contract for Bangladesh fertilizer plant
MHI will undertake EPC responsibilities for the plant to be built in Polash, 50 km northeast of Dhaka.
Saudi Aramco signs 15 MoUs at FII forum
Riyadh investment forum sees strategic and commercial collaborations formed, valued at more than US$34 billion.
Honeywell and Gulf Downstream Association introduce new engineer training course
Collaboration will deliver a series of industry courses for entry-level and transitioning engineers.
Iran has produced and exported less crude oil since sanctions announcement, says EIA
EIA report finds that Iran's crude oil exports and production have declined since US announced that it would reinstate sanctions.
GPS to invest in UAE greenfield terminal
The terminal will provide services for industrial reprocessing of waste oils, trading, import and bunkering.
Saudi Aramco completes expansion of Yanbu’ terminal
Crude oil facility adds 3 million bpd after rehabilitation programme.
Iran and India lead global ammonia capacity growth, says GlobalData
Latest report sees trend continuing for the next nine years.
Asia will contribute 38% of global refinery coking units capacity additions by 2022, says GlobalData
New report forecasts Asia to be the major contributor to the growth of the global refinery coking units industry between 2018 and 2022.
MAN Energy Solutions and OHI open new service workshop in Oman
MAN ES strengthens its local footprint in the Middle East with a new service workshop for the oil and gas sector.