Saudi Aramco plans to accelerate the development of its 900,000 barrels-per-day (bpd) Manifa oilfield and reach full capacity by early 2015, an Aramco executive said.
Petrochemicals
SABIC to build US$1 billion plant in China
Oxy sees Q1 2011 production jump
Occidental Petroleum (Oxy) has seen a rise in oil and gas production which has helped it see profits rise in Q1 2011.
SABIC to develop six cities in Saudi
Saudi Basic Industries Corp. (SABIC) and the Saudi Industrial Property Authority (Modon) signed a three-way deal recently with Boston Consulting Group (BCG) to conduct a study to develop six cities in the Kingdom.
'Final' major contract awarded by Borouge
Borouge, a leading provider of innovative plastics solutions, has awarded a contract worth US$169 million to Hyundai Engineering and Construction of South Korea to build a cross-linkable polyethylene (XLPE) unit at its petrochemical plant in Ruwais, Abu Dhabi.
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