Shell has completed the sale of its 50 per cent share in SADAF, the petrochemicals joint venture, located in Al Jubail, in the Kingdom of Saudi Arabia to SABIC for US$820 million
Petrochemicals
Sadara, the world’s largest chemicals complex built in a single phase, commemorates commissioning of all 26 plants
Commissioning of its last plant, the region’s first isocyanates facility, marks milestone achievement for the massive chemicals complex
Saudi Arabia to cut crude allocations by 520,000 bpd in September 2017
Saudi Aramco will cut crude oil allocations by at least 520,000 bpd to its customers worldwide in September 2017, in relation to Saudi Arabia’s commitment to OPEC’s deal on global supply reduction
Petrofac and Samsung Engineering awarded JV contract for Duqm refinery project in Oman
Petrofac, in a 50/50 joint venture with Samsung Engineering, has received notification of intent to award a contract worth approximately US$2bn with Duqm Refinery and Petrochemical Industries LLC (DRPIC) in the southern part of Oman
SNC-Lavalin transitions into EPC phase of ammonia plant contract with Salalah Methanol Company
SNC-Lavalin has announced that it has received a notice to proceed from Salalah Methanol Company LLC (SMC) with the Engineering, Procurement and Construction (EPC) phase of its anhydrous liquid ammonia plant project, located in the city of Salalah, Sultanate of Oman