1. GCC Power Grid Links Four Gulf Countries

    ...scheduled for completion in 2011, with Oman scheduled to follow shortly thereafter. The project is one of the first pan-GCC schemes to get off the ground and could provide a model for regional cooperation (MEES, 27 July). It was planned back in 1991, and construction started in 2004, with the op...

    Volume: 52
    Issue: 31
    Published at Mon, 03 Aug 2009
  2. SABIC Returns To Profitability In 2Q09

    ...d 2011, the underlying value of SIP operations would still be well below original expectations. Consequently, the intrinsic recovery prospects for bondholders are lower than previously assumed, said S&P. It acknowledged that the ongoing financial commitment of the parent company SABIC (A+/Stable/A-...

    Volume: 52
    Issue: 31
    Published at Mon, 03 Aug 2009
  3. SABIC Awards Samsung $300Mn Air Separation Contract

    ...paration process. Samsung will execute the licensing, engineering, procurement and construction of the ASU, which is scheduled for start-up in 2011. The company said that despite the global economic downturn, this contract with NIGC was the fourth it had been awarded during July, the others being the Sk...

    Volume: 52
    Issue: 31
    Published at Mon, 03 Aug 2009