Alfa Laval settles with US over trade with Iran
Alfa Laval has settled a complaint from the US about exporting storage tank cleaning units to Iran.
Refining
Genoil signs up for Chinese-backed Omani refinery
A small US-listed company has signed an agreement to develop a $2.4 billion refinery in Oman’s Port of Duqm.
IFC signs off on Shell-backed BGC flare work in Iraq
The International Finance Corp. (IFC) has arranged a $360 million for Basrah Gas Co. (BGC), which will be one of the largest gas flaring reduction schemes in the world.
Mammoet secures Saudi work for gas storage
Mammoet has won heavy lifting work from Samsung Engineering at Saudi Arabia’s Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS).
Adnoc lifts destination restrictions, signs Chinese MoUs
Adnoc has signed up two more potential Murban Futures customers and lifted destination restrictions, in addition to providing more market information.
Petrofac starts up largest CDU in Kuwait
Kuwait’s Clean Fuels Project has started up the country's largest crude distillation unit (CDU) 111, at the Mina Abdullah refinery.
Adnoc launches product trader
Adnoc has launched its second trading arm, focusing on refined products.
Saudi acknowledges Jeddah missile attack
Saudi Arabia has confirmed a missile attack on a fuel tank in the city of Jeddah, claimed by Houthi rebels in Yemen.
Adnoc makes 22bn barrel unconventional find
Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council (SPC) has said.
Prevention of corrosion, scaling and fouling
Novel injection, dispersion & mixing technology combats refinery corrosion
Aramco, Sabic to reassess $20bn crude-to-chemicals project
Saudi Aramco and Saudi Basic Industries Corp. will re-evaluate the scope of a planned crude-to-chemicals project in the kingdom as they seek to reduce spending amid a slump in prices for their products.