Saudi Aramco and Japan’s Sumitomo Chemical will transfer ownership of the planned US$8.5bn petrochemical facility to their joint venture Petro Rabigh in Q4 2014
Petrochemicals
Nexans wins power and cable contract for Laffan Refinery 2 in Qatar
CCJV, a joint venture between Chiyoda and Thailand’s CTCI, has awarded Nexans to provide power and instrumentation cable for the construction of Laffan Refinery 2 (LR2) at Doha in Qatar
Orpic gives technology licensor contracts worth US$80 million for LPP in Oman
Oman Oil Refineries and Petroleum Industries Company (Orpic) has awarded five technology licensor contracts worth US$80mn for its US$3.6bn Liwa Plastic Project (LPP), scheduled for completion in 2018
Honeywell subsidiary to provide renewable technology for UAE refinery
Honeywell company UOP’s green fuels process technology has been selected by Petrixo Oil & Gas to produce renewable jet fuel and renewable diesel at a new refinery to be built in Fujairah, UAE
Saudi Arabia to see first oil-to-chemicals plant start-up by 2020
Saudi Basic Industries Corporation (SABIC) has announced that it expects kingdom’s first planned oil-to-chemicals plant at Yanbu to start operations by the end of 2020
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