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Aramco yet to make a decision on rig numbers Aramco has not decided whether to increase the number of rigs on its books.

Aramco yet to make a decision on rig numbers

Company currently has 212 oil and gas platforms

 •   Saudi Aramco in talks for $10bn loan
 •   McDermott bags Saudi Aramco offshore contract
 •   Saudi Aramco raises LPG March prices


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Saudi Aramco puts out tender for rare gasoil cargo

Saudi Aramco puts out tender for rare gasoil cargo

Offer closing on 29th of May with bids to stay valid until 1st of June
 
Iran to add 170,000 bpd of crude oil by year’s end

Iran to add 170,000 bpd of crude oil by year’s end

Iran and the P5+1 nations are due to meet on the 30th June
 
Al Waha restarts Saudi propylene plant

Al Waha restarts Saudi propylene plant

The site has been closed since 1st April 2015.
 
Iran minister heads to Germany for petchem talks

Iran minister heads to Germany for petchem talks

Iran wants to agree a deal for petrochemical exports to Europe should international sanctions be lifted on the 30th June
 

 

Gulf Capital invests $25mn in Egyptian petchems

Gulf Capital invests $25mn in Egyptian petchems

The investment will be split between three projects
 
Enoc recognised for commitment to entrepreneurs

Enoc recognised for commitment to entrepreneurs

ENOC wins semi-government supporting entity honour at ninth 'Mohammed Bin Rashid Award for Young Business Leaders'
 
Orpic secures $910mn loan

Orpic secures $910mn loan

The money will be used to fuel progress on three key projects in the Sultanate.
 
Iran to unveil three new petchem complexes

Iran to unveil three new petchem complexes

The projects will increase polyethylene production by 900,000 tonnes
 
Iran plans $2.8bn downstream project

Iran plans $2.8bn downstream project

Project to add 480,000 barrels a day of processing capacity at the Siraf refinery
 
Sadara signs  supply agreement  with ECSC

Sadara signs supply agreement with ECSC

The deal will run for 20 years    1 Comments
 
Conventional methods dominate ethylene production

Conventional methods dominate ethylene production

CTO and MTO technology are also fast growing methods
 
Petro Rabigh extends VDU maintenance

Petro Rabigh extends VDU maintenance

Financial impact of the maintenance has not yet been revealed
 
GPCA calls for EU and GCC Free Trade deal

GPCA calls for EU and GCC Free Trade deal

It is estimated that the development of a free trade agreement would boost GCC downstream revenues by $5bn
 
Ruwais expansion to add 417,000 bpd capacity

Ruwais expansion to add 417,000 bpd capacity

The facility will produce 500,000 tonnes per annum of grade III base oil
 
Petrochemical markets jump by 10%

Petrochemical markets jump by 10%

First double digit jump since February 2012
 




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