Oil company Saudi Aramco has completed the acquisition of a 70 per cent stake in Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund (PIF), Saudi Arabias sovereign wealth fund
Petrochemicals
MENA countries score high in G20 low carbon project investment
According to a research report by Ashurst, G20 investors have shown a growing interest in the Middle East and North African (MENA) countries, especially for renewable energy, energy transition and decarbonisation technologies, contrary to their regional counterparts
McDermott wins technology contract for petrochemical company in Saudi Arabia
Engineering company McDermott International has won a technology contract by Advanced Global Investment Company, a wholly owned subsidiary of Advanced Petrochemical Co. (APC)
Saudi Aramco, Sabic remain committed to Yanbu chemicals project
Saudi Aramco and Saudi Basic Industries Corporation (Sabic) are moving ahead with their plans to build a mega-petrochemical complex in Yanbu, said Indrajit Sen, GlobalData’s energy and technology editor
May heralds even more disruption and uncertainty for petrochemicals
Nigel Davies, Insights Editor at ICIS, examines the potential for further disruption and uncertainty for the petrochemicals sector in May
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