Fujairah is the third largest oil storage and petroleum products trading centre and second largest bunkering port in the world and is growing at an impressive rate
Petrochemicals
Orpic secures US$3.8bn financing for Liwa Plastics project
State-owned Oman Oil Refineries and Petroleum Industries Company (Orpic) has secured US$3.8bn in project financing for its Liwa Plastics Industries Complex
Sonatrach awards Amec Foster Wheeler refineries contracts in Algeria
Amec Foster Wheeler has won a front-end engineering design (FEED) contract from Sonatrach for three new refineries in Algeria
Oman’s Mina Al Fahal Refinery reaches record capacity utilisation
Oman Oil Refineries and Petroleum Industries Company’s (Orpic) Mina Al Fahal Refinery in Muscat has reported the utilisation of a record capacity of 94 per cent in 2015, according to industry sources
Oman to build largest Sebacic acid plant in the world
Omani investors have collaborated with an Indian company in creating a joint venture (JV) to build world’s biggest Sebacic acid plant in the Duqm Free Zone