Saudi Aramco awarded contracts at the planned 400,000 bpd Yanbu refinery in Saudi Arabia to companies including Tecnicas, Reunidas SA and Daelim Industrial Co.

Saudi Aramco and Dow have agreed to the formation of a joint venture (JV) to build and operate a world-scale, fully integrated chemicals complex at a cost of US$20 billion to be located in Jubail Industrial City, Saudi Arabia.

Petro Rabigh, the joint venture between Saudi Aramco and Sumitomo Chemical, has moved to the next round of its phase 2 expansion which includes a new aromatics facility and a number of value-added derivatives.

Saudi Aramco has sold a little over a quarter of a million mt of LPG in the spot market for July loading due to a crude production hike by the Kingdom.

Saudi Aramco awarded Foster Wheeler SOFCON, an unincorporated consortium between a subsidiary of Foster Wheeler's Engineering and Construction Group and A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., a contract for the front-end engineering design (FEED) and project management services for the Clean Transportation Fuels Project at the Riyadh Refinery.