Saudi Arabia downstream news
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.
SIIG and Petrochem confirm merger talks
The companies' boards have approved initial discussions to study the feasibility of a merger.
WoodServ opens compressor repair facility in Saudi Arabia
Among the services available will be the repair and reconditioning of reciprocating compressor valves and packing cases.
Siemens compressor trains selected for Saudi Aramco gas reservoir storage project
Siemens Energy is to supply 20 compression trains for Saudi Aramco’s Hawiyah Unayzah Gas Reservoir Storage project.
King Salman Energy Park completes 60% of phase one
The King Salman Energy Park has reached 60% completion of its first phase and has announced foreign direct investments.
Aramco announces downstream business reorganisation
Saudi Aramco has announced the reorganisation of its downstream business.
Aramco completes acquisition of stake in SABIC
Aramco has completed its acquisition of 70% of SABIC from the Public Investment Fund.
Clariant catalysts selected for APC petrochemical plant
Clariant has announced that its propane dehydrogenation catalyst has been selected by the Advanced Petrochemical Company.
McDermott awarded petrochemical technology contract
McDermott has announced that it has been awarded a PDH technology contract for the Advanced Petrochemical Company.
Fluor to provide project management consultancy services for AGIC
Fluor is to provide project management consultancy services for AGIC’s propane dehydrogenation and polypropylene complex in Saudi Arabia.