Petrochemicals

Versalis and Sonatrach sign MoU for chemical complex in Algeria

Hydro Polymers PVC Plant geograph.org.uk 60976Versalis (Eni) and Sonatrach signed a Memorandum of Understanding in Algiers to carry out joint feasibility studies for an integrated petrochemical complex to be built in Algeria


Versalis (Eni) and Sonatrach signed a Memorandum of Understanding in Algiers today. The agreement is to carry out joint feasibility studies for an integrated petrochemical complex to be built in Algeria. The agreement follows the cooperation agreement signed by Eni and Sonatrach last November and provides for the terms of a study aiming at enhancing hydrocarbons with value-added petrochemical products through the development, in Algeria, of one or a few world-scale industrial petrochemical facilities.

This agreement represents an opportunity for Versalis to collaborate with an integrated oil corporation, to which the Italian chemical producer will offer its industrial experience in managing large petrochemical plants, and the access to its proprietary technologies, within the framework of strategic joint projects.

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ADNOC looks to triple petchem output by 2025

refinery danielwest sxcAbu Dhabi National Oil Company (ADNOC) plans to almost triple its petrochemical production to an annual 11.4mn tonnes by 2025 from 4.5mn tonnes at present, group chief executive Sultan Al Jaber has announced

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MAN Diesel & Turbo wins contract from Iranian oil and gas firm

turbo manMAN Diesel & Turbo has won a double-digit million dollar contract to deliver two turbomachinery trains of its ReTPac concept (refinery train package) to a refinery 450km south of Tehran, Iran, that will help the process of hydrotreating, ensuring an efficient production of ultra-low sulphur fuels

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Adnoc to integrate its shipping and marine companies

ADNOC consolidates Abu Dhabi National Oil Company (Adnoc) announced plans to integrate the operations of three of its shipping, marine and services companies into a single entity as the company moves ahead to consolidate its operations due to low oil prices

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Iran invites foreign petrochemical investors

industry 525119 640 1Persian Gulf Petrochemical Industries Company (PGPIC) has invited Iranian and foreign investors for joint venture cooperation to carry out petrochemical projects

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