Saudi Arabia downstream news
Aramco to enter global LNG business
Aramco has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for US$500 million.
Samsung Engineering receives FEED contract for Saudi petrochemical project
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.
TotalEnergies, Aramco and SABIC successfully process oil from plastic waste
For the first time in the MENA region, TotalEnergies, Aramco and SABIC have converted oil derived from plastic waste into circular polymers.
Aramco awards Technip Energies a project management consultancy contract
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.
Luberef reports zero work-related incidents
The company has continued its multi-year achievements of zero lost time incidents and a zero total recordable incident rate.
Heavy lifting and transport solutions for Saudi Aramco’s gas storage project
Samsung Engineering has been awarded heavy lifting and transport scope to Mammoet in Saudi Arabia.
High catalyst selectivity prompts cycle length extension at Petro Rabigh monoethylene glycol plant
The plant in Saudi Arabia uses the Shell OMEGA process, which is based on the catalytic conversion of both ethylene to ethylene oxide and ethylene oxide to ethylene glycol.
Aramco looking to expand global footprint in chemicals
With the US$69 billion acquisition of SABIC in June and investments in oil-to-chemicals technology, Aramco has positioned itself for downstream growth.
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.
Alberta government in talks with Saudi firm on petrochemical plant
Alberta’s government is in talks with a private Saudi company to open a CAN$5 billion to CAN$10 billion (US$3.8 billion – US$7.6 billion) petrochemical plant.