Abu Dhabi National Oil Company (Adnoc) announced plans to integrate the operations of three of its shipping, marine and services companies into a single entity as the company moves ahead to consolidate its operations due to low oil prices
Petrochemicals
Iran invites foreign petrochemical investors
Persian Gulf Petrochemical Industries Company (PGPIC) has invited Iranian and foreign investors for joint venture cooperation to carry out petrochemical projects
Technip Italy wins EPC contract for ENOC refinery expansion project
Emirates National Oil Company (ENOC) has awarded Technip Italy the EPC contract for the design and construction of a new processing unit which will expand the capacity of its ENOC Processing Company (EPCL) Jebel Ali facility by 50 per cent
Sadara Chemical’s mixed feed cracker begins operation in Saudi Arabia
Sadara Chemical Company has started operation of its mixed feed cracker (MFC), which can crack ethane as well as naphtha and will allow the company to produce a diversified range of plastics and chemical products
Petrofac and Tecnicas Reunidas may win Saudi Aramco deals, sources say
Oilfield services company Petrofac and Spain’s Tecnicas Reunidas are likely to win contracts to build projects for Saudi Aramco’s Uthmaniyah and Ras Tanura plants, industry sources have said
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