Market research company Frost & Sullivan’s latest analysis of the global oilfield chemical market reveals that the development of advanced oilfield chemicals that have superior performance characteristics and are eco-friendly have paved the way for increased application use, premium prices, and market growth
Petrochemicals
Aramco awards contracts valued at US$18bn for Marjan and Berri
Saudi Aramco has awarded a total of US$18bn in contracts for the engineering, procurement and construction of the Marjan and Berri increment programmes
Iraq’s upstream development is set to become more expensive: WoodMac
Iraq’s upstream development is set to become more expensive as production moves away from the easiest and largest fields, according to Ian Thom, director of Middle East Upstream at Wood Mackenzie
SABIC raises stake in Ar-Razi to 75 per cent
SABIC, a Saudi Arabia-based petrochemical manufacturing company, has signed an agreement with the Japan Saudi Arabia Methanol Company (JSMC) to renew the partnership with the Saudi Methanol Company (Ar-Razi) for another 20 years
Saudi Aramco advances chemicals strategy with S-Oil expansion project
Saudi Aramco is advancing its global chemicals growth strategy with the inauguration of S-Oil’s new residue upgrading complex and olefin downstream complex
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