Middle East downstream news
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.
Petrofac secures contract extension in Iraq
Petrofac’s EPS East business secures four-year renewal on maintenance management services for Iraqi oil company.
Saudi Aramco and Total launch engineering studies to build a giant petrochemical complex in Jubail
Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanné, Chairman and Chief Executive Officer of Total, have signed the joint development agreement in Dhahran for the front-end engineering and design (FEED) of a giant petrochemical complex in Jubail, on Saudi Arabia’s eastern coast.
Wood secures multi-million dollar contract for refinery in Oman
Wood has secured a new multi-million dollar contract with Duqm Refinery and Petrochemicals Industries to provide two Terrace Wall™ double-fired delayed coker heaters at their refinery on the south eastern coast of the Sultanate of Oman.
PEDEC signs contract with domestic firm for crude oil storage tanks
BOT contract is the latest development at Jask port.