Saudi Aramco news

A new GlobalData report forecasts Middle Eastern oil storage growth to be led by Oman and Iran.

Valve and valve-block manufacturing in the Germany-based facility has been officially in progress since July.

Reuters reports that the Malaysian state energy firm is seeking acquisitions in a bid to expand its specialty chemical business.

Air Products will supply syngas for Jiutai New Material Co. Ltd’s long-term mono-ethylene glycol project in Hohhot, China.

The joint venture will purchase gasification assets, power block and associated utilities in Jazan Economic City from Saudi Aramco for over US$8 billion.

Saipem has been awarded contracts worth approximately US$800 million in total.

Saudi Aramco and SABIC have awarded a contract to KBR for the development of part of a crude-oil-to-chemicals complex.

Saudi Aramco has responded to media speculation regarding its interest in acquiring an ownership position in the Saudi Basic Industries Corp.

Saudi Aramco and ADNOC have signed agreements to jointly pursue Ratnagiri Mega Refinery and Petrochemicals Complex.

The contract covers the design, engineering, material specifications and procurement for two 7-kilometre special material pipelines that will transport ethylene oxide (EO) and propylene oxide (PO) from Sadara plants to PlasChem Park, a collaborative effort between Sadara and the Royal Commission for Jubail and Yanbu (RCJY).