Saudi Arabia has earmarked US$91bn over the next decade to build new petrochemical plants and expand existing ones, alongwith integrating refineries with new or existing units in the Kingdom
Petrochemicals
Kuwait’s US$40bn investment on downstream projects
Kuwait National Petroleum Company (KNPC) plans to spend US$40bn until 2022 on downstream projects including a new refinery and a clean fuels project
SEZAD signs usufruct deal with Duqm Refinery
Duqm Special Economic Zone Authority (SEZAD) has signed a preliminary usufruct agreement with Duqm Refinery and Petrochemicals Industries Company (DRPIC) in Oman
Gulf Petrochem eyes Indian lubricant company
The UAE-based Gulf Petrochem has announced that it will make an open offer to acquire an additional 26 per cent of India-based Sah Petroleums after buying 72.23 per cent stake in the company
Omani refinery invites bids for construction
Duqm Refinery and Petrochemical Industries Company (DRPIC) has invited engineering, procurement and construction (EPC) contractors to participate in the bidding process for the development of 230,000 barrels per day grass root petrochemicals refinery in Oman
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