Norways AGR Group (AGR) has been awarded a well management contract from Cooper Energy Tunisia Bargou (CTEB) to run activities on an well offshore Tunisia
Petrochemicals
Saudi firm to invest US$1 billion in Turkish polypropylene plant
Saudi’s Advanced Petrochemical Company and Turkish petrochemical trading firm Bayegan Group have agreed to jointly invest in building a Propane Dehydrogenation (PDH) and Polypropylene (PP) plant in southern Turkey
Sipchem agrees loan deal for new plant in Jubail
Saudi Arabias Sipchem Chemical Co, a fully-owned unit of Saudi International Petrochemical Co, has signed a US$43.9 million loan facility agreement with the Saudi Industrial Development Fund (SIDF) to help finance the construction of an ethyl acetate and butyl plant in Jubail
Foster Wheeler awarded aromatics FEED contract in Abu Dhabi
Abu Dhabi National Chemicals Company (ChemaWEyaat) has awarded Foster Wheeler a project management consultancy (PMC) services contract for the front-end engineering and design (FEED) phase of its aromatics complex in Al Gharbia, Abu Dhabi
Iraq looking for private sector investment in refineries
Iraq deputy oil minister Ahmed al-Shamma has said he would like to see the private sector increase its role in refining activities within the country