Middle East downstream news

Coreworx has announced that its interface management has been implemented at a US$3.6 billion petrochemical complex project situated in Oman.

Technip has been awarded a service contract including proprietary technologies for a new gas and petrochemical complex in Azerbaijan.

Alfa Laval has announced it been awarded with an energy efficiency order, valued at SEK 150 Million, for a gas plant in the Middle East.

BP has signed an agreement that grants the company a 10% interest in Abu Dhabi’s ADCO onshore oil concession.

Electric valve actuator manufacturer AUMA has won several important contracts in Fujairah, the largest of which is for the Black Pearl project, commissioned by tank farm operator Vopak Horizon Fujairah Limited. .

The UAE LNG market is projected to grow due to a decline in domestic natural gas supply and the implementation of government policies supporting the adoption of LNG-based power generation.

Squeezed budgets and rising energy demand will significantly heighten the demand and use of renewable and energy efficiency technologies across the Middle East.

Bahrain LNG WLL, the developer and owner of the first LNG receiving and regasification terminal in the Middle East developed on a PPP basis, has completed limited recourse financing for the project.

Black & Veatch has secured a contract for the licensing technology and related services for sulfur recovery units and acid gas removal units to support natural gas processing on the Jurassic field.

JGC Corporation has announced it has been awarded a contract extension for boosting compression facilities in Algeria.