Sabic: Jubail MEG Start-Up

...bsidiary. United (Sabic 75%, Public Pension Agency 15%, General Organization for Social Insurance 10%) awarded Korea’s Samsung Engineering a $700mn contract for construction of the 700,000 t/y MEG plant in December 2017 with completion initially scheduled for 2020 (MEES, 5 January 2018). The facility was fl...

Iraq Sends Record Volumes To Its Refineries

...en almost 100,000 b/d sent for refining there, with the products then brought back into northern Iraq. Given that the arrangement survived last October’s Kirkuk offensive when Iraqi troops reclaimed the city and environs from Kurdistan (MEES, 20 October 2017) a cessation looks unlikely, but the ar...

Newly Streamlined Adnoc Targets EOR Expertise For Offshore Fields

...er the first nine months of 2017 against last year. By contrast, Japan is taking more volumes from its number one supplier Saudi Arabia so far this year. India is the UAE’s second largest customer, and has increased its takings this year. Liftings of Emirati crude are up around 10% year-on-year an...

Sabic Shows Steely Resolve As Saudi Petchem Profits Fall In Flagging Market

...ginning in January, and by the global economic slowdown. “We predict that 2017 is going to be a quite challenging year for us,” said Mr Benyan. “We need to focus internally on how we can improve our efficiency. Despite the challenges, Sabic will continue in its growth policy. We will expand our ma...

Kuwait Signs $13bn Refinery Contracts, Pledges Continued Oil Investment

...w 336   Nghi Son, Vietnam (35.1%, 2017)   200 Indonesia (MOU only)   160 China (MOU on...

Saudi Speciality Petchems Transformation Focuses On Aromatics

...14               Jazan* 830 2017 Produced by catalytic reforming of naphtha Benzene Satorp, Jubail 150 20...

Duqm Complex Set For 2017 Completion