Saudi Aramco acquires 70% majority stake in SABIC
Advancing its integrated refining and petrochemicals business, Aramco gains access to SABIC’s 62 million tpy petrochemicals capacity.
Browse the latest downstream news news and articles.
Advancing its integrated refining and petrochemicals business, Aramco gains access to SABIC’s 62 million tpy petrochemicals capacity.
The upscaling follows the trend of increased investment in the global petrochemicals industry.
Demonstrating their commitment to the North American oil and gas market, Airswift have filled a number of senior positions.
The subsidiary will begin sales and service operations in Fornebu, Norway from April 2019.
McDermott to provide its industry-leading engineering, procurement and construction management (EPCM) services to upgrade Unipetrol's hydrocracking unit.
The chemical industry technology research company was founded in 1999 and today plays an important role in catalysis R&D.
A further development in the company’s relationship with Sinochem, Wood will provide project management and EPCM services.
The 105 000 bpd RHDS unit started up in May 2018 and passed performance guarantees in December 2018.
Figures show healthy performance in the chemical and refining industries with a 12% increase in revenue.
The company will provide engineering and concept design work exploring carbon capture in gas power and industrial settings.
As part of Saudi Vision 2030, the company aims to improve health and safety while growing its downstream capacity.
Former CEO of Tamar Energy will lead the UK-based biogas to liquid-fuel company.