fertilizers
Quantum selected Ibeno for world-scale methanol plant The Nigerian Quantum Petrochemical Company Limited (Quantum) has decided to invest $1.5 billion capital expenditure in a world-scale petrochemical and methanol complex at Ibeno in the Akwa Ibom State of the southern Nigeria on the Gulf of Guinea. Quantum was recently founded by the Nigeria banker Jim Ovia, ranked […]
Nigeria Key Projects and Business Highlights 2014 Nigeria holds first largest proven reserves of natural gas and the second largest of crude oil in Africa as a result of intensive campaign of exploration on the early 2000s years led by international companies such as Chevron, Eni, ExxonMobil, Shell or Total. Despite flaring the major part […]
Jacobs completed FEED on mining Phosphate City The Saudi Arabian Mining Company (Maaden) is moving into the engineering, procurement and construction (EPC) phase for its $6 billion capital expenditure Phosphate City project. To be located in the north of Saudi Arabia, the Phosphate City project is also called Al-Khabra project as Maaden is aiming at debottlenecking the Al-Khabra phosphates mines. Through the Phosphate City […]
Qatar to double petrochemicals production until 2020 On December 23rd 2012, Qatar established a new company, the Qatar Chemical and Petrochemical Marketing and Distribution Company (MUNTAJAT) Q.J.S.C., to lead the strategic development of the country on the downstream sector. In creating this corporation, Qatar is targeting to more than double the chemical and petrochemical production from […]
Brazil Key Project and Business Highlights The year 2012 has seen Brazil congested by the upstream projects causing delays. But more importantly, in 2012, Brazil started to implement its integrated business model in which upstream, midstream and downstream sectors are developed in parallel in order to optimize the hydrocarbon value chain. On the upstream the bottleneck […]
Bechtel and Fluor to share Phosphates PMC contracts The Saudi Arabian Mining Company (Maaden) made the final decision regarding the project management consultancy (PMC) contracts to be awarded for the $6 billion capital expenditure for the Phosphate City project. Maaden is planning the Phosphate City project in the north of Saudi Arabia to debottleneck its Al […]
SABIC and Shell to invest in and beyond Saudi Arabia In November 2012, Saudi Basic Industries Corporation (SABIC) and Shell have decided to work on expansion opportunities of their joint venture Saudi Petrochemical Company (Sadaf). These expansion ambitions are not limited to the sole Saudi Arabia but should also aim at increasing positions in overseas markets. […]
SABIC and Vopak to build $400 million storage facility Saudi Basic Industries Corporation (SABIC) and Royal Vopak (Vopak) signed Heads of Agreement (HoA) to form a joint venture to build new storage facilities in the Al Jubail Terminal on the east coast of Saudi Arabia. The joint venture between SABIC and Vopak should be established under […]
