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Oman’s OQ Raises $750mn Bond As It Looks To Bring Delayed Downstream Projects Online
...nterpiece of a new industrial city – the Special Economic Zone (SEZAD) of Duqm, which was established in 2011 to “diversify the national economy.” To provide power and water to SEZAD, Oman is building a 326MW combined cycle power plant integrated with a 36,000m³/day reverse osmosis desalination plant close to...
Volume: 64Issue: 18Published at Fri, 07 May 2021 -
Sabic Boosts Transparency Ahead Of Aramco Takeover
...17 slump (see chart). Historical Sabic data does not break out fertilizers and metals before 2015. While total Sabic output reached a record 75.3mn tons in 2018, annual total production had hovered around the 70mn tons level during 2011-17 after regular annual growth previously. Last year Sa...
Volume: 62Issue: 18Published at Fri, 03 May 2019 -
Aramco Boosts Downstream, International Experience
...itish MD of Shell 1991-98, Chair 1998-2001 Andrew Gould British Chairman Schlumberger 2003-11, BG 2011-12 Amin Nasser Sa...
Volume: 61Issue: 18Published at Fri, 04 May 2018 -
Petro Rabigh, Chemanol Restart Offline Units
...rivatives – for an undisclosed period in 2015 for testing and inspection. This will be the plant’s second such shutdown since 2011, although the company says a five-year interval is typical for the industry. Petro Rabigh was hit last year by two utilities outages that necessitated repair and maintenance work on...
Volume: 57Issue: 18Published at Fri, 02 May 2014 -
GCC Polymers Capacity Expansion ‘Tremendous’
...astics Industry – Facts and Figures 2012, says this represents a 13% capacity increase over 2011. “Throughout the past five years,” says the report, “the GCC region went through tremendous polymers capacity expansion with a compound annual growth rate (CAGR) of 16%.” The largest growth in percentage te...
Volume: 56Issue: 18Published at Fri, 03 May 2013 -
Sabic To Cut EU Interests
...BIC first quarter net profits fell 10% year-on-year, as planned maintenance hit production and sales volumes. Net income for 1Q13 was SR6.56bn ($1.75bn), compared with SR7.27bn ($1.94bn) for 1Q12. Full year 2012 profits fell 15% to SR24.7bn ($6.59bn) from SR29.24bn ($7.80bn) in 2011 (MEES, 15 February). ...
Volume: 56Issue: 18Published at Fri, 03 May 2013