downstream
Takamul to call for tender Sohar PTA and PET projects The joint venture Oman International Petrochemical Industry Company (OIPIC) between the State-owned companies Takamul Investment Company (Takamul), Oman Oil Company (OOC) and the South Korean LG Corporation (LG) is preparing the call for tender to invite engineering companies to bid for the engineering, procurement and […]
PTT and Saudi Aramco to reduce Binh Dinh project size The national oil companies (NOC) Saudi Aramco from Saudi Arabia and the PTT Public Company Limited (PTT) from Thailand has decided to form a joint venture to build and operate the giant Binh Dinh Refinery and Petrochemical complex in the center of Vietnam. Despite the […]
Mozambique Key Projects and Business Highlights 2014 Mozambique appears as one of the most promising country for natural gas exploration production and could become one of the largest exporter of liquefied natural gas (LNG) under the lead of companies such as Anadarko Petroleum Company (Anadarko) from USA, Eni from Italy, Mitsui E&P from Japan, China national Petroleum […]
Kazakhstan – Turkmenistan Key Projects and Business Highlights 2014 Kazakhstan is the second largest after Russia producer of crude oil from the former Soviet Union, it also holds the second largest reserves. More than 40% of the oil and gas production is coming from the famous Tengiz and Karagchaganak. With the support of the international […]
IOC Paradip PP project received board approval The state-owned Indian Oil Corporation Limited (IOC) company received the board approval for the construction of greenfield world class polypropylene (PP) production unit at the Paradip Refinery and Petrochemical complex currently in construction on the east coast of India. India counts not less than 22 refineries out of […]
PDO to launch Rabab follow-up in Harweel Cluster The national oil company (NOC) Petroleum Development of Oman (PDO) made the final investment decision (FID) on the Rabab Harweel Integrated Project (RHIP) in the South of Oman. Following BP‘s decision to go ahead with the giant Khazzan and Makarem tight gas project in the center of […]
Takamul at FEED stage for Salalah Ammonia Project The Omani Takamul Investment Company (Takamul) is moving forward in the downstream sector with petrochemical projects at Salalah in the south of the Sultanate and at Sohar in the north. Acting as the chemical branch of the Oman Oil Company (OOC or Oman Oil), Takamul benefits also from […]
Ningbo Fortune selects UOP technology for propylene As an Oriental Energy Corporation Ltd (Oriental Energy) company, Ningbo Fortune Petrochemical Corporation Ltd (Ningbo Fortune) selected the US-based UOP-Honeywell technology for a greenfield project to produce propylene at the port of Ningbo, in the Zhejiang Province, China. Previously named Zhangjiagang Oriental Energy, the company became Oriental Energy in […]
