Saudi Arabia downstream news

Lummus Technology has announced a contract award from Hyundai Engineering & Construction Co. Ltd. to provide ethylene cracking heaters at SATORP’s Amiral petrochemical complex in the Kingdom of Saudi Arabia.

LyondellBasell has entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company (NATPET) from Alujain Corp.

Dragos has signed a Memorandum of Understanding (MoU) with Aramco to help protect critical industrial assets and infrastructure for Aramco and its affiliates.

Nancy Yamaguchi, Contributing Editor, discusses why oil producers in the Middle East are aiming to recapture traditional strengths in the oil and gas industry before they look to move beyond fossil energy.

Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for US$500 million.

Samsung Engineering has received the NoA (Notice of Award) for the FEED contract for a petrochemical plant from Alujain National Industrial Co. (LNIC) in Saudi Arabia.

For the first time in the MENA region, TotalEnergies, Aramco and SABIC have converted oil derived from plastic waste into circular polymers.

Technip Energies has been selected by Aramco for the project management consultancy (PMC) contract to develop the master plan for Ras Al Khair, a new industrial city in Saudi Arabia.

The company has continued its multi-year achievements of zero lost time incidents and a zero total recordable incident rate.

Samsung Engineering has been awarded heavy lifting and transport scope to Mammoet in Saudi Arabia.