Petro Rabigh, the joint venture between Saudi Aramco and Sumitomo Chemical, has moved to the next round of its phase 2 expansion which includes a new aromatics facility and a number of value-added derivatives.
Petrochemicals
Aramco sells highest amount of LPG in 2011 in July
Aramco awards Foster Wheeler refinery contract
Saudi Aramco awarded Foster Wheeler SOFCON, an unincorporated consortium between a subsidiary of Foster Wheelers Engineering and Construction Group and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., a contract for the front-end engineering design (FEED) and project management services for the Clean Transportation Fuels Project at the Riyadh Refinery.
Takreer awards petrochemical contract to Honeywell UOP
UOP LLC, a Honeywell company, has been selected by the Abu Dhabi Oil Refining Co. (Takreer) to provide key technology for a new petrochemical production unit in the UAE.
Oil consumption increased in 2010 according to BP
BP annual Statistical Review of World Energy 2011 showed a strong rebound of global energy consumption in 2010, following the global recession.
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