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.

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 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).

The Saudi Basic Industries Corporation (Sabic) has signed a TDI and MDI technology license agreement with Mitsui Chemicals.