Oman to build petchem plant and refinery in Indonesia

refinery oman-skeeze pixabayOman will invest US$7bn to build oil storage facilities, a petrochemical plant and a refinery as well as supply crude oil to the Southeast Asian country, an Indonesian minister has announced

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Gulf Capital invests in Egypt's Carbon Holdings

Gulf-Capital-signing-ceremonyGulf Capital and Carbon Holdings have entered a debt financing agreement to support three of the latter’s mega-industrial projects in Ain Al Sokhna on the Suez Canal in Egypt, in a bid to strengthen their presence in the region

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Fine Tubes approved as KNPC supplier

Fine-tubesUK precision tubes manufacturer, Fine Tubes, has been approved as a vendor by the Kuwait National Petroleum Company (KNPC) for the supply of ferrous and non-ferrous tubing for its refineries

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Gulf’s petrochemical and chemical exports hit 65mn tonnes last year

petchem GPCA-john mcsporran flickrGulf’s total petrochemicals and chemicals export exceeded 65mn tonnes in 2014, compared to 36mn tonnes in 2006, according to EQUATE Petrochemical Company

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Orpic to invest in petroleum coke storage facility at Omani refinery

Sohar RefineryOman Oil Refineries and Petroleum Industries Company (Orpic) has announced to invest in facilities for handling and storing petroleum coke at Sohar Refinery

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