Middle East downstream news

ExxonMobil and SABIC have announced the signing of an agreement for the next phase of their proposed US petrochemical project.

The price of crude has increased this morning as Saudi Arabia and Russia have spoken out in support of extending the supply cuts agreement until March 2018.

Qatargas has announced it has successfully delivered its commissioning cargo to a new Chinese LNG terminal.

Honeywell UOP has announced it has signed an agreement to provide technology and equipment for the expansion of a Jordanian refinery for Jordan Petroleum Refinery Company.

TechnipFMC has announced it has been awarded an EPC contract for a sulfate reduction plant in Abu Dhabi.

Bechtel has announced it has been selected to deliver a major petrochemicals project in Egypt.

KBR has announced it has executed a global master contract with Chevron.

Pakistan's PARCO will begin to produce cleaner-burning transportation fuels using Honeywell technologies.

Oman Oil Company and Kuwait Petroleum International have announced the signing of partnership agreements for the development of the Duqm Refinery and Petrochemical Complex.

Hempel has inaugurated a new factory in Mina Abdullah in Kuwait, strengthening its position as a coatings supplier in the Middle East.