Saudi Aramco and SABIC have signed a MoU to develop a fully integrated crude oil to chemicals (COTC) complex in Saudi Arabia, aiming to govern the execution of the front end engineering design (FEED) before a final investment decision is made
Petrochemicals
Gardner Denver expands Parts On Demand in the Middle East
Gardner Denver Petroleum and Industrial Pumps (P&IP) has officially launched its Parts on Demand programme in the Middle East, as its part of expansion to the international market
Statoil, Shell and Total enter CO2 storage partnership
Statoil, Shell and Total have signed a CO2 storage partnership agreement aiming to mature the development of carbon storage on the Norwegian continental shelf (NCS)
Trescorp to launch oil storage and bunker services in Sohar
Singapore-based Trescorp has announced that it will launch a new 45 ha terminal in Sohar port, worth of US$600mn, with the first phase aiming to receive, store and blend crude oil, fuel oil and diesel
Chevron selects Dassault Systèmes to accelerate new lubricant product development
Worldwide Collaboration and Innovation Aimed Dassault Systèmes have announced that Chevron Products Company, a manufacturer and supplier of premium base oils and finished lubricants, selected the 3DEXPERIENCE platform to accelerate the development of lubricant products that are sold under the Chevron, Texaco and Caltex names worldwide