Petrochemicals
UAE’s Mubadala sells majority stake in Borealis for US$4.68bn
Mubadala Investment Company, the Abu Dhabi-based strategic investment company, and OMV, an international integrated oil and gas company headquartered in Vienna, have signed an agreement that will give OMV a majority stake in Borealis, one of Europe’s leading petrochemical companies
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Saudi Aramco signs 66 MoUs worth US$21bn with local, international partner
Saudi Aramco has signed 66 Memoranda of Understanding (MoUs) and strategic and commercial collaborations valued at more than US$21bn with international partner companies and entities from 11 countries in several industrial and business sectors across the Saudi Arabian energy sector
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Saipem signs MoU with Gulf Petrochemical Industries Company
Saipem has signed a Memorandum of Understanding (MoU) with Gulf Petrochemical Industries Company (GPIC)
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Saudi Aramco Energy Ventures makes US$5mn investment into VAKT
VAKT, the company re-imagining commodity post-trade processing underpinned by blockchain, has welcomed Saudi Aramco Energy Ventures (SAEV) as its latest investor
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Petrochemicals company Borouge establishes marketing company in Egypt
Borouge, a UAE petrochemicals company that provides plastics solutions, has announced the establishment of a new marketing company in Cairo
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