Saudi Aramco awarded Foster Wheeler SOFCON, an unincorporated consortium between a subsidiary of Foster Wheeler's Engineering and Construction Group and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., a contract for the front-end engineering design (FEED) and project management services for the Clean Transportation Fuels Project at the Riyadh Refinery.

UOP LLC, a Honeywell company, has been selected by the Abu Dhabi Oil Refining Co. (Takreer) to provide key technology for a new petrochemical production unit in the UAE.

BP annual Statistical Review of World Energy 2011 showed a strong rebound of global energy consumption in 2010, following the global recession.

Equate Petrochemical Company attained the Responsible Care (RC) 14001 certification and accreditation as the first company in Kuwait to earn such a prestigious international endorsement.

Saudi Basic Industries Corporation (SABIC) and the Saudi Industrial Property Authority (Modon) signed a three-way deal recently with Boston Consulting Group (BCG) to conduct a study to develop six cities in the Kingdom.