Middle East downstream news
DEFSA undertakes O&M services of KIPIC LNG terminal in Kuwait
DESFA has undertaken the provision of operation and maintenance (O&M) services of the KIPIC LNG terminal in Kuwait.
TechnipFMC begins work on hydrocracking complex in Egypt
TechnipFMC has an EPC contract with Assiut National Oil Processing Co. (ANOPC) for the construction of a new hydrocracking complex for the Assiut refinery in Egypt.
Uniper Energy Dubai and Neutral Fuels team up on maritime biofuel in UAE
The companies will provide maritime biofuel in Fujairah, UAE.
Al-Hejailan and Dow form joint venture
The joint venture will design, build and operate a polyacrylic acid and emulsion polymers plant in Saudi Arabia.
Canada Business Holdings proceeding with ULSFO refinery in Oman
Canada Business Holdings secured licence to produce refined products in the Special Economic Zone in Duqm in Oman on 30 June 2020.
ADNOC seeking closer UAE-India downstream ties
In the past two years, ADNOC has enhanced its strategic energy links with India – a key growth market for crude, refined and petrochemical products.
Brooge Energy Ltd commences preconstruction work on phase III oil storage facility
The company has announced the beginning of preconstruction work for its phase III oil storage terminals and refinery.
Saudi Aramco and SABIC reassessing crude-oil-to-chemicals project
SABIC has said the two companies are now considering the integration of Saudi Aramco’s existing refineries in Yanbu with a mixed feed steam cracker and downstream olefin derivative units.
ADNOC, OMV and Eni JV incorporate refined products trading unit
ADNOC Global Trading is on track in establishing the required processes, procedures and systems to begin operations in the coming months.
Petro Rabigh receives financing from Saudi Aramco and Sumitomo Chemical
Sumitomo Chemical and Saudi Aramco have made a loan of US$2 billion to Petro Rabigh in response to the challenging market conditions.