The Abu Dhabi National Oil Company (ADNOC) has announced crude processing flexibility worth US$3.1bn at its Ruwais oil refinery, one of the largest oil refineries in the UAE
Petrochemicals
ADNOC looks to expand partnerships with China
HE Dr Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, has met with government and corporate leaders in Beijing, to explore opportunities for strengthening the strategic relationship between the UAE and China and deepening the partnerships between ADNOC and China’s energy, chemical and technology sector
EQUATE Group accelerates digital transformation
EQUATE Group, a global producer of petrochemicals, has announced the next phase of its partnership with digital transformation enabler SAP, in an effort to drive the company’s global business growth and support the New Kuwait 2035 vision’s economic diversification goals
TechnipFMC awarded Bapco Sitra refinery expansion in Bahrain
The UK-based TechnipFMC, jointly with Samsung Engineering and Tecnicas Reunidas, has been awarded a US$4.2bn contract from Bahrain Petroleum Company (Bapco) for the Bapco modernisation programme (BMP)
Global oil market to reach full stability in 2018: the UAE energy minister
The world oil market is expected to reach full stability in 2018, following the anticipated reduction of the level of inventories to a comfortable level, according to Suhail bin Mohammed Faraj Faris Al Mazrouei, minister of energy and industry in the UAE