The Japan International Cooperation Agency (JICA) has signed a loan agreement with the Government of the Republic of Iraq in Baghdad to provide a Japanese ODA loan of up to 203,060mn yen (US$1.39mn) for the Basra Refinery Upgrading Project
Despite the decrease in global crude oil prices in Q2 of 2023, Aramco has recorded a strong financial performance in the same period, driven by efficient low-cost production and supply reliability
Technip Energies has been selected by Aramco for the project management consultancy (PMC) contract to develop the master plan for Ras Al Khair, a new industrial city in the eastern province of Saudi Arabia
The Egyptian Ministry of Petroleum and Mineral Resources has recently unveiled new refining and petrochemical ventures totalling US$9bn, according to Arabian Business
Aramco and TotalEnergies have awarded billions of dollars in Engineering, Procurement and Construction (EPC) contracts for the US$11bn "Amiral" complex, a future world scale petrochemicals facility expansion at the SATORP refinery in the Kingdom of Saudi Arabia
