Petrochemicals

A.T. Kearney expects state firms to drive chemicals M&A in the Middle East

Chemicals FactoryConsulting firm A.T. Kearney expects merger activity among chemical companies in the Middle East and Africa to pickup in 2018 as national oil companies in the Gulf beef up and diversify their downstream portfolio

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TechnipFMC gets Pakistan refinery contract

PARCO RefineryPak-Arab Refinery Ltd (PARCO) has awarded oilfield services company TechnipFMC an engineering contract for a refinery at Hub near Karachi, Pakistan

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ADNOC, OCP to create fertiliser JV

ADNOC OCP PhotoThe Abu Dhabi National Oil Company (ADNOC) and OCP Group of Morocco (OCP) agreed to create a fertilisers joint venture, as part of ADNOC's attempt to diversify its portfolio from oil and gas assets

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ADNOC to invest US$45bn over five years in downstream bet

8Abu Dhabi National Oil Company (ADNOC) said it would invest US$45bn over the next five years to boost the company's downstream portfolio, giving it a chance to cash in on the growing demand for petrochemical products

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KBR gets engineering contract for Aramco, SABIC’s oil-to-chemicals project

AramcoCoreAreaState-owned Saudi Aramco and Saudi Basic Industries Corp (SABIC) awarded KBR an engineering contract for their joint crude oil to chemicals project worth over US$20bn

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