Industry

New company to develop Saudi Arabia’s downstream projects

refinery saudi-meandthesysopSaudi Arabia’s cabinet has approved the creation of a new company to invest in manufacturing and developing downstream industries, according to sources in the Council of Ministers

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Three consortia win bids to face-lift Kuwait’s oil refineries

refinery japan-benachou flickrKuwait National Petroleum Company (KNPC) has announced that three international consortia have recently won a combined US$12bn contract to revamp two existing oil refineries in the country

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QPI acquires stake in Greek energy company

heronQatar Petroleum International (QPI) has acquired a 25 per cent stake in Greek company GEK TERNA’s HERON II power plant

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DNO International plans another pipeline in Kurdistan Region of Iraq

pipeline iraq-kevin abbot sxc optDNO International has announced that it will build a second pipeline to export oil from its Tawke field in the Kurdistan Region of Iraq

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PetroSaudi International eyes Ghana refinery joint venture

refinery ghana-Tim Neumann sxc.huPetroSaudi International is close to signing a joint venture agreement with Ghana to revive its only refinery — Tema Oil Refinery (TOR)

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