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.
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.
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.
BP annual Statistical Review of World Energy 2011 showed a strong rebound of global energy consumption in 2010, following the global recession.
