Saudi Arabia downstream news
Lukoil and NNPC sign memorandum of understanding
Lukoil and the Nigerian National Petroleum Corp. have signed an MoU to explore possible collaboration across the hydrocarbon value chain.
Aramco announces successful naphtha splitter placement
Saudi Aramco has announced the successful relocation and placement of a 544 t naphtha splitter.
McDermott awarded Amiral Complex contract
Saudi Aramco and Total have awarded McDermott a contract for what will be one of the largest mixed feed crackers in the world.
Aramco IPO could break records
Analysts from Saitama Rakuten International have reported that Saudi Aramco could raise the highest amount of capital from an IPO ever.
Saudi Aramco acquires Shell’s share of SASREF
Saudi Aramco has completed the acquisition of Shell’s 50% interest in the SASREF joint venture.
Full Aramco capacity to be restored by the end of September
Saudi Aramco have announced that full production will be restored by the end of September following the attacks on its Abqaiq and Khurais plants.
Rystad Energy provides update on Aramco drone attacks
Rystad Energy has made a comment on the recent drone attacks on Aramco oil facilities in eastern Saudi Arabia.
Mammoet contracted for petrochemical module transportation
Samsung Engineering has contracted Mammoet to transport and install 49 modules for a Saudi Arabian petrochemical plant.
Saudi Aramco signs 12 agreements with South Korean partners
Saudi Aramco has signed 12 agreements worth billions of dollars with various South Korean companies.
Aramco Trading Co. opens Fujairah office in UAE
Aramco Trading’s new Fujairah office will handle all gasoline and fuel oil storage and blending activities, as part of a push into new markets.