Oman is seeking loans from banks and export credit agencies to finance its US$3.6bn Liwa Plastics Project in the Sohar Industrial Zone, according to Oman Oil Refineries and Petrochemical Industries (Orpic)
Egyptian and Kuwaiti companies have signed preliminary deals to set up petrochemical and phosphate fertiliser projects worth US$6.8bn in the North African country
Anglo-Dutch oil major Shell has signed a US$11bn deal with Iraq to build a petrochemicals plant in Basra, according to Iraqi industry minister
Shell has opened a gas-to-liquid (GTL) base in Dubai, which completes the oil major’s full global reach and is intended to serve customers in the Middle East, Egypt, India, Pakistan and South Africa
Qatar Petroleum and Shell have decided not to proceed with the proposed Al Karaana petrochemicals project and to stop further work on the project, according to a statement issued by Shell
