EQUATE Group, a global producer of petrochemicals, has announced the next phase of its partnership with digital transformation enabler SAP, in an effort to drive the company’s global business growth and support the New Kuwait 2035 vision’s economic diversification goals
Petrochemicals
TechnipFMC awarded Bapco Sitra refinery expansion in Bahrain
The UK-based TechnipFMC, jointly with Samsung Engineering and Tecnicas Reunidas, has been awarded a US$4.2bn contract from Bahrain Petroleum Company (Bapco) for the Bapco modernisation programme (BMP)
Global oil market to reach full stability in 2018: the UAE energy minister
The world oil market is expected to reach full stability in 2018, following the anticipated reduction of the level of inventories to a comfortable level, according to Suhail bin Mohammed Faraj Faris Al Mazrouei, minister of energy and industry in the UAE
Petrochemical industry needs to transform to overcome upcoming challenges
The industry sector across the GCC region needs to transform itself for the upcoming challenges in order to continue the strong outlook for the Gulf petrochemical and chemical industry, according to Yousef Al-Benyan, vice-chairman of SABIC and CEO of the GPCA
Saudi Aramco and SABIC to develop COTC Complex in Saudi Arabia
Saudi Aramco and SABIC have signed a MoU to develop a fully integrated crude oil to chemicals (COTC) complex in Saudi Arabia, aiming to govern the execution of the front end engineering design (FEED) before a final investment decision is made