Saudi Arabia’s cabinet has approved the creation of a new company to invest in manufacturing and developing downstream industries, according to sources in the Council of Ministers
Industry
Three consortia win bids to face-lift Kuwait’s oil refineries
Kuwait National Petroleum Company (KNPC) has announced that three international consortia have recently won a combined US$12bn contract to revamp two existing oil refineries in the country
QPI acquires stake in Greek energy company
Qatar Petroleum International (QPI) has acquired a 25 per cent stake in Greek company GEK TERNA’s HERON II power plant
DNO International plans another pipeline in Kurdistan Region of Iraq
DNO International has announced that it will build a second pipeline to export oil from its Tawke field in the Kurdistan Region of Iraq
PetroSaudi International eyes Ghana refinery joint venture
PetroSaudi International is close to signing a joint venture agreement with Ghana to revive its only refinery — Tema Oil Refinery (TOR)
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