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May 1st, 2016


Sabic signs deal for petrochem complex in China

Project to be jointly developed with Shenhua Ningxia Coal Industry Group (SNCG) and use coal as feedstock

IBM signs 10-year technology deal with Sipchem

Saudi International Petrochemical Company will use IBM’s cloud, mobile, analytics and security platforms and services to support its ambitious efficiency and growth strategy

IFC to invest $25mn in Egypt's Carbon Holding

Move comes as part of plans to commit $2bn in the country, and look for more ways to provide financing for the petrochemical firm

Equate says GCC petchem sales exceed $89bn in 2015

Sector grew 9.5% in the ten years between 2005 and 2015, while production volumes reached over 150mn metric tonnes, according to CEO Mohammed Hussain

Iran awards $2.2bn petchem deal to Germany's ADKL

Company is set to build and provide the technology for a complex capable of producing 3,250 tonnes of urea and 2,050 tonnes of ammonia daily

Oman approves 35% tax on petrochemical firms

Move comes as the Sultanate prepares for an $8.6bn budget deficit

Sadara signs supply deal with Saudi-Korean JV

Joint venture firm plans to build a chemical production facility in PlasChem Park in Jubail Industrial City 2

Technip awarded contract for Saudi Kayan complex

French firm will provide basic engineering and proprietary equipment for grassroots ethylene cracking furnace at the complex

Orpic signs deals for $2.5mn Liwa Cultural Centre

Contract was awarded to Wahat Khat al Shamal Trading Company at Sohar Industrial Port

Sabic opens new research centre in The Netherlands

Facility has been equipped with latest research technology and will focus on innovations in chemistry and materials

GPCA names Sabic CEO Al- Benyan as chairman

Yousef Al- Benyan is taking over from Rashed Al Shamsi, former petrochemicals director at ADNOC

DME approves ABN AMRO to issue LCs from Singapore

ABN AMRO will now be able to issue Letters of Credit directly from Singapore to guarantee deliveries of Oman blend crude oil through the Dubai exchange

DuPont holds safety event for Heriot-Watt students

Seminar was prepared to educate students on safety procedures observed in oil, gas, mechanical, chemical and petrochemical operations

Sabic replaces United boss month after deadly fire

Saudi Basic Industries Corp. has reportedly fired Adel Al-Shiraidi, president of United Petrochemical Co., one month after deadly fire at the plant killed 12 people and injured 11 more

Hempel unveils new linings range

The Hempaline Defend Vinyl Ester range is designed for tough industrial applications

Takreer to build $263.5mn waste treatment plant

Plant will handle industrial waste from all refining facilities at ADNOC's Ruwais complex located 250km west of Abu Dhabi

Bapco signs deal for gasoline blending hub

The joint venture agreement was signed with UK-based large-scale blender Greenenergy

Aramco, Pertamina award contract for $5bn JV

Detailed engineering design was awarded to British consultancy, engineering and project management company Amec Foster Wheeler Energy

DME announces first Fujairah fuel oil trade

Deal was seen as key to the development of the emirate into a global trading hub

Protests halt production at three Total refineries

Oil workers have shut down some units in a sign of protest against proposed labour law changes

Aramco, SABIC: no plans to merge petchem business

Saudi Arabia's top industrial giants denied media reports claiming the companies might merge their petrochemical operations

ENOC signs contract with Al Futtaim Logistics

Deal was signed between Tasjeel, a business unit of ENOC Retail, and UAE-based logistics provider Al Futtaim

Honeywell targets Saudi market with new technology

Insulation technology can improve energy efficiency in residential and commercial buildings

Satorp awards Jacobs two-year contract

Company to provide general engineering services for low capex projects at Jubail Industrial City II

GE sets sustainability milestone at Dammam centre

Facility is being equipped with intelligent light controls that can generate savings of 640 metric tonnes of carbon dioxide emissions

AVEVA signs business partnership with Omnix Int

The firm will offer AVEVA's software to oil and gas customers in Saudi Arabia, Kuwait and Qatar

Businesses should invest in diverse workforce- Hay

Companies can benefit significantly from a truly diverse workforce, says recruiting expert Hays

Sipchem hopes to sign $480mn sukuk issue in June

Cash could be used to finance potential acquisitions in the Kingdom

KPI: integration is a must in volatile markets

Current challenges have made downstream integration an important factor for all companies in the GCC, according to senior executive with Kuwait Petroleum International

Emerson unveils hybrid laser analyser

The Rosemount CT5100 is the world's only hybrid analyser to combine tunable diode laser and quantum cascade laser

Case Study: Mina Al Fahal refinery, ORPIC

ArabianOilandGas finds out how ORPIC managed to achieve the highest utilisation rate at one of Oman's oldest refineries

Petrochemicals rise on higher crude oil prices

Petrochemical spot prices made significant gains in April as crude jumped 3.6% from the month before

Global industrial gases market to grow at 6% CAGR

The growth will come between now and 2022 on the back of rapid industrialisation and growing global population

Iran eyes 40% share of Middle East LPG exports

Production of liquefied petroleum gas is expected to rise significantly when new phases of South Pars come on stream

Comment: Weathering the Hard Times

In the current market conditions, companies' defence survival strategies must be proactive

GPCA: industries should invest in Open Innovation

Investing in innovation today can help producers address the challenges of tomorrow, says Dr Abdulwahab Al-Sadoun

Aramco upgrades control system at Abqaiq plants

Compex is the world's largest oil processing and crude stabilisation facility

Aramco and Sabic to sign MoU for joint project

Project would allow petrochemical products to be produced directly from crude oil instead of refining it into intermediate feedstocks such as naphtha

Engineering Focus: Grand Design

RPME looks at the latest innovations in plant engineering, construction and design, and how those are driving competitiveness and boosting operators' bottom line

RPME: 2016 Top 30 EPC Contractors: 21-30

After honing their project management and consulting services, companies' main focus was on technology and innovation

RPME: 2016 Top 30 EPC Contractors: 11-20

South Korean companies dominated the EPC contractors list this year

RPME: 2016 Top 30 EPC Contractors

Refining & Petrochemicals Middle East presents its annual showcase of the region's biggest and best contracting firms

RPME: 2016 Top 30 EPC Contractors: 01-10

UK-based Petrofac retains the top spot for the second year in a row

Evonik buys Air Products specialty unit for $3.8bn

Company says acquisition will grant it access to high-margin specialty and coating additives market in North America

BASF opens Abu Dhabi office with partner Kanoo

New office to be housed in Nation Towers near the Corniche

Reliability key for petrochemicals logistics: GPCA

GCC downstream industry needs to focus on reliability to stay competitive and overcome challenges, say experts

VAT won't disrupt downstream businesses - expert

Introduction of 5% Value Added Tax unlikely to cause disruption to refining and petrochemical operations in the GCC

DMCC Energy Club hosts oil outlook seminar in May

Event will look at future outlook for crude oil markets and how regional geopolitics are likely to impact prices

First Chinese refiner trades Omani crude on DME

The Chinese government allowed independent refiners to import crude oil for the first time earlier this year

O&G Awards unveil first ever downstream category

Downstream Project of the Year will aim to select the most outstanding, ambitious and game-changing project in the refining and petrochemical sectors in the Middle East

Primus Green Energy signs deal with Tauber Oil

Company will use Primus gas-to-liquid technology to produce high value methanol from low-cost shale gas

Sabic highlights sustainability efforts

Company highlighted HSE milestones in its 2015 Sustainability Report

Penspen wins key downstream project from ADNOC

Company will provide detailed design and engineering services for some of the main ports and depots in the UAE

Saudi to be world's second largest refiner by 2018

Country's exports of refined petroleum products are expected to reach 3mn barrels per day in next two years

Oryx GTL recognises young talent in Qatar

Company awarded five university graduates for their contribution to Qatar's 2030 Vision

Kuwait opens $100mn blending plant in Belgium

Plant will be operated by Q8 Oil, a subsidiary of Kuwait's international downstream firm KPI

GPCA Supply Chain Conference kicks off in Dubai

Event is set to highlight the role of supply chain efficiency in GCC's downstream sector

ADNOC opens new convenience store in Abu Dhabi

Outlet is the tenth of its kind in the 365 convenience store chains in the UAE capital

Borouge reaffirms commitment to Chinese market

Company remains focused on logistics, security of supply, production capacity and innovation

Orpic achieves major safety milestone

Company recorded 20 million man hours without any accidents at its Sohar Refinery Improvement Project

Firm launches world's first solar-powered pump

New technology was unveiled in the Middle East for the first time

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