Middle East will be the third-highest region in terms of ethylene capacity addition in the global ethylene industry, growing at an average annual growth rate (AAGR) of 5.3 per cent from 36.04 mtpa in 2018 to 46.94 mtpa in 2023, according to GlobalData, a data and analytics company
Petrochemicals
Eni enters strategic deals with BP and ADNOC
Eni, in collaboration with BP, has announced that it has signed an Exploration and Production Sharing Agreement (EPSA) with the Ministry of Oil and Gas of Oman for Block 77 in central Oman and has also concluded a strategic partnership with ADNOC
Veolia wins wastewater treatment contract for Kuwait’s Al Zour refinery
Kuwait Integrated Petroleum Industries Company (KIPIC) has awarded Veolia, through its Veolia Middle East subsidiary, a US$63mn operation and maintenance contract for Al Zour refinery wastewater treatment plant for a period of seven years
KIPIC expands Al-Zour refinery with Honeywell technology
The Kuwait Integrated Petroleum Industries Company (KIPIC) has awarded Honeywell UOP the reconfiguration of the refining and petrochemical sections of its Al-Zour refinery
Bilfinger wins multiple contracts in Abu Dhabi’s hydrocarbon sector
Global engineering and industrial services provider Bilfinger has been awarded multiple engineering contracts by the Abu Dhabi National Oil Company (ADNOC)
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