Tag: Saudi Aramco
UAE: upgrading facilities
Saudi Arabian Oil Co. (Saudi Aramco) has awarded a contract to UAE-based National Petroleum Construction Co. (NPCC) for upgrading facilities in the world’s largest offshore oilfield - Safaniya - in the Gulf.
Saudi refinery
Saudi Aramco and Japan’s Sumitomo Chemical Co. officially signed an agreement to set up an equally-owned joint venture for an integrated refinery and petrochemicals project in Rabigh, Saudi Arabia, but they now see total investment costs doubling to USD 8.5 billion, Sumitomo has said.
Saudi Arabia: Khurais project
Foster Wheeler Ltd has announced that its UK subsidiary Foster Wheeler Energy Ltd has been awarded a front-end engineering (FEED) and project management services contract by Saudi Aramco for the Khurais full-field development in Saudi Arabia.
India: refinery capacity doubled
Hindustan Petroleum Corp Ltd (HPCL), India, will double its Visakhapatnam (India) refinery capacity to 300,000 barrels per day in three years and has offered Saudi Aramco a stake in the expanded unit, the company’s chairman said.
Saudi chemical complex
Sahara Petrochemical Company and Basell Holdings Middle East GmbH have announced the signing of an agreement to construct a 450 KT per year polypropylene plant and propane dehydrogenation unit at Al-Jubail Industrial City in Saudi Arabia.
China: Qingdao refinery
Sinopec has launched a subsidiary company, Sinopec Qingdao Refinery and Chemical Company, to construct and operate a USD 1.2 billion refinery in Qingdao,China.