Iraqs cabinet has approved a US$468.5mn preliminary contract with Saipem, Europes largest oilfield-services provider, to develop export facilities in the countrys south, State Minister Ali Al Dabbagh said.
Petrochemicals
PetroRabigh extends bidding for project expansion
Saudi Arabias PetroRabigh has extended bidding for building parts of an estimated US$6-8 billion expansion project at its giant petrochemical plant.
SATORP launches its first Sukuk
Saudi Aramco Total Refining and Petrochemical Company (SATORP) launched its first public offering of a Sukuk which will help finance part of its refinery project.
Growing Iraqi optimism for oil refining expansion
Iraqs oil output could reach up to four million barrels per day (bpd) by the end of next year and it is adding a fifth project to its planned refinery capacity expansion as it seeks to meet domestic demand, its deputy oil minister said.
Iran's petrochemical exports hit US$5.3 billion
Iran exported US$5.3 billion worth of petrochemicals in the first five months of the current Iranian calendar year (March 21-August 21), according to the Iranian Oil Ministry.
More Articles …
