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Sabic signs deal for 38,000 cbm gas carrier Picture for illustrative purpose only.

Sabic signs deal for 38,000 cbm gas carrier

Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December

 •   ExxonMobil still evaluating US JV with Sabic
 •   Sabic to sell stake in Ibn Al-Baytar to Safco
 •   SABIC sells polymershapes unit to US firm
 

EDITORIAL CHOICE

Fluor wins EPC contract from Dow for RO facility

Fluor wins EPC contract from Dow for RO facility
Dow Chemical Company awards Fluor with contract in Jubail, KSA
 

DNV GL proposes wind powered water injection EOR

DNV GL proposes wind powered water injection EOR
wind-power water injection could reduce CAPEX and OPEX for EOR
 

Afren misses ambitious production targets

Afren misses ambitious production targets
Afren Plc reported first-quarter net production of 35,465 bpd
 

Record breaking Shah field to open

Record breaking Shah field to open
The UAE's ultra-sour gas field posed a number of logistical challenges
 

 

Onshore More »

Aramco operating 220 rigs: Energy minister

Aramco operating 220 rigs: Energy minister

Khalid al-Falih said that continuous investment in drilling enables Saudi Arabia to offset the gradual decline in output from mature fields
 

Downstream More »

Proscient to digitise Aramco's Jazan refinery

Proscient to digitise Aramco's Jazan refinery

Petrotechnics' Proscient selected by Accenture to deliver ground-breaking digital approach to industrial operations for Saudi Aramco's Jazan refinery.
 
 

Offshore More »

Nogaholding closes Bahrain LNG terminal financing

Nogaholding closes Bahrain LNG terminal financing

For this project, K-SURE will provide commercial and political risk cover for approximately 80% of the financing. Standard Chartered Bank, Arab Petroleum Investments Corporation (APICORP), and the Korea Development Bank acted as lead arrangers.
 
 

Industry Trends More »

OPEC committee agrees on measures to monitor cuts

OPEC committee agrees on measures to monitor cuts

They further agreed on a number of stipulations, such as a production data report to be presented at the OPEC secretariat in Vienna each month and the issuance of a monthly press release on the progress of the implementation of the production adjustment.
 
 

International News More »

Reliance-SIBUR JV for halogenated butyl rubber

Reliance-SIBUR JV for halogenated butyl rubber

The unit will produce 60,000 MT of halogenated butyl rubber every year under Reliance SIBUR Elastomers Private Limited – a joint venture of which RIL owns 74.9% and SIBUR 25.1%.
 
 

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