Total signed a Memorandum of Understanding (MoU) with Kuwait Petroleum International (KPI) and Petrochemicals Industries Company (PIC) to take a stake in the Zhanjiang refinery project in China.
Petrochemicals
Qapco awards contract for Mesaieed ethylene plant
Qatar Petrochemical Company (Qapco) has awarded a US$165.9mn contract to CTCI, a Taiwanese company, for the first phase revamp of its ethylene production facility in Mesaieed Industrial City.
Oman to go-ahead with refinery project in Duqm
Oman Oil Company has said it will go-ahead with plans to build a US$6 billion oil refinery at Duqm in a joint venture with Abu Dhabi’s International Petroleum Investment Company (IPIC).
Sabic agrees technology deal with Mitsui
The Saudi Basic Industries Corporation (Sabic) has signed a TDI and MDI technology license agreement with Mitsui Chemicals.
QP to invest in Vietnam petrochemical project
Qatar Petroleum (QP) will invest in Vietnams US$4.5 billion petrochemicals complex in a joint venture (JV) with Thai-based Siam Cement Group and its Vietnamese partners, PetroVietnam (PVN) and Vinachem.
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