Oman Oil Company has said it will go-ahead with plans to build a US$6 billion oil refinery at Duqm in a joint venture with Abu Dhabi’s International Petroleum Investment Company (IPIC).
Petrochemicals
Sabic agrees technology deal with Mitsui
The Saudi Basic Industries Corporation (Sabic) has signed a TDI and MDI technology license agreement with Mitsui Chemicals.
QP to invest in Vietnam petrochemical project
Qatar Petroleum (QP) will invest in Vietnams US$4.5 billion petrochemicals complex in a joint venture (JV) with Thai-based Siam Cement Group and its Vietnamese partners, PetroVietnam (PVN) and Vinachem.
Foster Wheeler awarded propylene oxide unit contract
Foster Wheelers subsidiary of its Global Engineering and Construction Group has won a contract to develop a propylene oxide unit at Jubail in Saudi Arabia.
QP and Qapco to develop Ras Laffan petrochemical complex
Qatar Petroleum (QP) and Qatar Petrochemical Co (Qapco) have signed a Heads of Agreement (HoA) for the development of a new US$5 billion petrochemical complex in Ras Laffan Industrial City.