Middle East downstream news
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.
Petrofac secures additional scope of work from Tatweer Petroleum
Petrofac will execute on a lump-sum turnkey basis the EPC of additional gas wells for Tatweer Petroleum and connect them to a gas dehydration facility.
Nozomi Networks: Triton attack against petrochemical plant could have succeeded
Andrea Carcanco of Nozomi Networks told Black Hat conference attendees yesterday that further Triton-like attacks against industrial control systems are likely.
13th Annual GPCA Forum to address theme of ‘Executing transformation and investing in growth’
The GPCA Forum will take place in Dubai on 26 – 28 November.
KBR awarded crude-oil-to-chemicals contract
Saudi Aramco and SABIC have awarded a contract to KBR for the development of part of a crude-oil-to-chemicals complex.
McDermott awarded storage tank EPC contract
McDermott International Inc. has been awarded a contract for engineering, procurement and construction of storage tanks.
Advisian awarded petrochemical contract by Borouge
Advisian has been awarded the role of preparing the pre-FEED and licensor evaluation for the expansion of Borouge’s petrochemical facility in the UAE.
Maire Tecnimont awarded contract for polypropylene unit
Maire Tecnimont SpA has been awarded an engineering, procurement and construction contract for Borouge's new polypropylene unit.
OPEC pledges to increase production to 100% of targeted cuts
The pledge is seen by GlobalData as an attempt by OPEC to address concerns over a possible undersupply scenario that could hamper global economic growth.