Export-Import Bank of the United States (Ex-Im Bank) has approved a US$5bn loan to Sadara Chemical Company for the export of US-made goods and services required for the construction of a petrochemical complex in Jubail, Saudi Arabia
Petrochemicals
Foster Wheeler wins Shell petrochemicals deal in Qatar
Shell Global Solutions International has awarded a subsidiary of Foster Wheeler a contract to develop the basic engineering package for a monoethylene glycol (MEG) plant in Ras Laffan, Qatar
European and Korean firms bid for Aramco refinery expansion
European and Korean companies have bid for a project to double the capacity of an oil lubricants refinery in Yanbu controlled by Saudi Aramco
British and US firms awarded contracts for Kuwait’s new fuel projects
British engineering company Amec and US-based Foster Wheeler have been awarded consultancy contracts by Kuwait for its new refinery and clean fuel projects
Equate's Ethylene Glycol unit to resume operations in November
Kuwait-based Equate Petrochemical Company (Equate) has issued a new estimate for when its Ethylene Glycol (EG) unit will come back online after the unit caught fire last month