The Sohar Refinery Improvement Project (SRIP), one of three strategic growth projects being developed by Oman Oil Refineries and Petroleum Industries Company (ORPIC), has achieved a major milestone of 20mn man hours without Lost Time Injury (LTI), with 12,000 people on site
Petrochemicals
Saudi Arabia’s Yasref Refinery obtains US$4.7bn loan
The Yanbu Aramco Sinopec Refining Company Limited (Yasref) has announced the signing of unsecured corporate finance credit facilities in an amount equal to US$4.7bn to refinance an existing shareholders credit facility
Saudi Aramco efforts to balance upstream and downstream industries in KSA
Saudi Aramco has revealed its efforts to strike a better balance between upstream and downstream industries in the Kingdom
Saudi Aramco and SABIC plan joint refinery in Yanbu
Saudi Aramco and Saudi Basic Industries Corporation (SABIC) plan to build a joint refinery in Yanbu that would produce chemical products directly from crude oil
The fast growing hydrocarbon hub of Fujairah
Fujairah is the third largest oil storage and petroleum products trading centre and second largest bunkering port in the world and is growing at an impressive rate