Saudi Aramco has completed the acquisition of German specialty chemicals company LANXESS‘s interest in ARLANXEO Holding BV, a Netherlands-based specialty chemicals joint venture between Saudi Aramco and LANXESS launched in 2016
Petrochemicals
Iraq’s upstream ambitions remain undimmed: APICORP
Iraq’s oil sector has been characterised by steady progress despite a raft of political, security and infrastructural challenges, according to Arab Petroleum Investments Corporation’s (APICORP) energy report
ENOC extends RFID technology to DP World’s fuel terminals
ENOC Group has extended its RFID-based technology to fuel terminals two and three of DP World to serve its fleet of vehicles
Borouge begins construction of fifth polypropylene unit in Ruwais
Borouge has begun construction of its fifth polypropylene unit within the Borouge 3 plant in Ruwais, which is set to grow Borouge’s polypropylene capacity by more than 25 per cent to 2.24mn tonnes per year and unlock new opportunities to boost the local economy
Petrofac wins US$115mn contract from PDO
Petrofac has been awarded a contract worth US$115mn for the development of the Qarn Alam Co-Generation Project, located 350 kilometres southwest of Muscat, Oman