Two state-owned Chinese oil companies have signed a memorandum of understanding (MoU) with Egypt about investing US$2 billion in the construction of a 300,000-b/d refinery in the country, Reuters reported recently. Rongsheng Petrochemical Co. and CNPC would develop the refinery under a 25-year build-own-operate-transfer (BOOT) contract, eyeing a possible doubling of the plants capacity after the first phase has come onstream.
p>Two state-owned Chinese oil companies have signed a memorandum of understanding (MoU) with Egypt about investing US$2 billion in the construction of a 300,000-b/d refinery in the country, Reuters reported recently. Rongsheng Petrochemical Co. and CNPC would develop the refinery under a 25-year build-own-operate-transfer (BOOT) contract, eyeing a possible doubling of the plants capacity after the first phase has come onstream.Petrochemicals
Oilfield services provider continues to expand
AlMansoori Specialized Engineering is a leading regional provider of oilfield services in the Middle East. Established in the UAE in 1977, the company now has over 1,300 employees working in 19 countries providing a variety of oilfield services and producing specialised products for the oil and gas industry.
p>AlMansoori Specialized Engineering is a leading regional provider of oilfield services in the Middle East. Established in the UAE in 1977, the company now has over 1,300 employees working in 19 countries providing a variety of oilfield services and producing specialised products for the oil and gas industry.A sustained show of strength in uncertain times
ALL OF THE region’s main oil producers have been actively rolling out diversified energy and petrochemicals capacity for some time.p>ALL OF THE region’s main oil producers have been actively rolling out diversified energy and petrochemicals capacity for some time.
Seismic acquistion firm offers hyrdrocarbon exploration solutions
Having been a leader in the seismic acquisition industry for over 50 years, Sercel continues to design, manufacture and support a full range of high-tech integrated equipment for hydrocarbon exploration in land, transition zone, ocean-bottom cable, marine, and down-hole environments.
p>Having been a leader in the seismic acquisition industry for over 50 years, Sercel continues to design, manufacture and support a full range of high-tech integrated equipment for hydrocarbon exploration in land, transition zone, ocean-bottom cable, marine, and down-hole environments.Samsung wins Ruwais
RUWAIS FERTILISER INDUSTRIES (Fertil), a subsidiary of Abu Dhabi National Oil Company (Adnoc), has awarded an engineering, procurement, construction and commissioning (EPCC) contract to
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