Middle East downstream news
Frames delivers largest ever electrostatic coalescer for Tengizchevroil future growth project
Desalination and dehydration unit will be installed in Tengiz, Kazakhstan.
PEC secures S$250 million of contracts with existing clients
PEC has secured new engineering, procurement and construction contracts with clients in Asia and the Middle East.
Asia to lead global petrochemicals capacity additions through 2026
A GlobalData report reveals that Asia and the Middle East will lead the growth of the global petrochemicals market capacity through 2026.
Nigeria will propel refining capacity growth in the Middle East and Africa
A report by GlobalData finds that Nigeria will be the growth engine of the refining industry in the Middle East and Africa between 2018 and 2022.
Kuwait and Nigeria will lead Middle East and Africa LNG growth
A report by GlobalData suggests that Kuwait and Nigeria will be growth engines of regional LNG industry between 2018 and 2022.
Production shutdowns and dip in operating rates challenge MMA market
Research by IHS Markit suggests that global MMA demand is increasing as supply becomes increasingly constrained.
Europe's role in transport markets shrinking
A report by ESAI Energy has shown that Europe's diesel imports and gasoline exports will shrink over the coming year.
GlobalData: China to continue leading global propylene capacity growth until 2026
The company’s latest report forecasts that the global propylene capacity is poised to see considerable growth over the next nine years from 121.3 million tpy in 2017 to 148.1 million tpy in 2026.
GP Petroleums and MAG Lube to distribute IPOL lubricants worldwide
GP Petroleums Ltd (GPPL) has signed an agreement with MAG Lube LLC to manufacture and market IPOL lubricants across the world.
Petrofac awarded EPC contract from Basra Oil Co.
The company will be responsible for expanding Basra Oil’s central processing facility in the Majnoon field in southern Iraq.