Saudi Arabia downstream news

Saudi Aramco has announced the reorganisation of its downstream business.

Aramco has completed its acquisition of 70% of SABIC from the Public Investment Fund.

Clariant has announced that its propane dehydrogenation catalyst has been selected by the Advanced Petrochemical Company.

McDermott has announced that it has been awarded a PDH technology contract for the Advanced Petrochemical Company.

Fluor is to provide project management consultancy services for AGIC’s propane dehydrogenation and polypropylene complex in Saudi Arabia.

McDermott has announced that it has been awarded EPFC contracts for storage tanks in Saudi Arabia.

Wood Mackenzie has reported that Saudi Arabia’s May 2020 Official Selling Prices for crude exports target Asian refiners with steep discounts.

Highlighting strong profits despite a challenging macro environment, Saudi Aramco has released its 2019 financial results.

Sulzer has announced the opening of a new service centre in Riyadh, building on its local pump manufacturing capabilities.

Air Products Qudra has held a ceremony to celebrate the beginning of construction on its industrial gases hub in Jubail, Saudi Arabia.