Alfa Laval has settled a complaint from the US about exporting storage tank cleaning units to Iran.
A small US-listed company has signed an agreement to develop a $2.4 billion refinery in Oman’s Port of Duqm.
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 has won heavy lifting work from Samsung Engineering at Saudi Arabia’s Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS).
Adnoc has signed up two more potential Murban Futures customers and lifted destination restrictions, in addition to providing more market information.
Kuwait’s Clean Fuels Project has started up the country's largest crude distillation unit (CDU) 111, at the Mina Abdullah refinery.
Adnoc has launched its second trading arm, focusing on refined products.
Saudi Arabia has confirmed a missile attack on a fuel tank in the city of Jeddah, claimed by Houthi rebels in Yemen.
Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council (SPC) has said.
Novel injection, dispersion & mixing technology combats refinery corrosion
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.