Sadara Chemical Company awarded energy services company Amec Foster Wheeler and Partners Engineering Co an engineering contract for two gas pipelines
Petrochemicals
EBRD provides US$200mn loan to boost energy efficiency in Egypt
The European Bank for Reconstruction and Development (EBRD) has announced to provide US$200mn loan to help in energy efficiency and modernisation of the oil refinery owned by Suez Oil Processing Company (SOPC) in Egypt
Sadara and Harcros-ARA to establish facility in Saudi Arabia’s PlasChem Park
Sadara Chemical Company has signed a supply agreement with Harcros-ARA, a new venture being established by international manufacturer and distributor of industrial and specialty chemicals Harcros Chemicals Inc and Riyadh-based ARA Specialty Industrial Company
A.T. Kearney expects state firms to drive chemicals M&A in the Middle East
Consulting firm A.T. Kearney expects merger activity among chemical companies in the Middle East and Africa to pickup in 2018 as national oil companies in the Gulf beef up and diversify their downstream portfolio
TechnipFMC gets Pakistan refinery contract
Pak-Arab Refinery Ltd (PARCO) has awarded oilfield services company TechnipFMC an engineering contract for a refinery at Hub near Karachi, Pakistan