At ADIPEC 2019, Wood has hosted a downstream industry roundtable to discuss growth strategies across the Middle East.
GlobalData has reported that Aramco and ADNOC have expanded the value of contracts in 3Q19 despite a slight decrease in volume.
Saudi Aramco has signed MoUs with a number of companies exploring collaboration across the whole hydrocarbon value chain.
Air Products has announced that it is in final negotiations to form a joint venture to acquire a number of assets at Jazan Economic City.
A partnership with India would help Saudi Arabia, the world’s top oil exporter, find a stable outlet for its crude.
Saudi Aramco and Total have awarded McDermott a contract for what will be one of the largest mixed feed crackers in the world.
Analysts from Saitama Rakuten International have reported that Saudi Aramco could raise the highest amount of capital from an IPO ever.
IHS Markit reports that the oil price jump resulting from the attacks in Saudi Arabia will not have any impact on the trajectory of 2019 US shale production.