
petrochemical complex
After Eni, Talisman and Total, Sonatrach eyes on ExxonMobil and Shell After signing contracts with ENI from Italy, Talisman Energy (Talisman) and Total from France, Sonatrach is willing to attract ExxonMobil and Shell for the exploration and production of unconventional gas, shale gas and tight gas, in Algeria. According to recent studies performed by Sonatrach, […]
Qatar to invest $25 billion in petrochemicals until 2020 In February 2012, Qatar Petroleum (QP) and Qatar Petrochemicals Corporation (Qapco) had signed a Heads of Agreement (HOA) to add a $5.5 billion petrochemical complex in Ras Laffan Industrial City, Qatar. In this project QP and Qapco will share interests according to: – Qatar Petroleum 80% – Qapco 20% In Qapco […]
Saudi Aramco extends Jacobs’s FEED on $3 billion Ras Tanura Refinery Clean Fuel and Aromatics project In May 2011 Saudi Aramco awarded the Front End Engineering and Design (FEED) to Jacobs ZATE for the Ras Tanura Refinery Clean Fuel and Aromatics project. Located in the Eastern Province of Saudi Arabia, along the Arabian Gulf, Ras […]
Shell signed with Horsehead for Pennsylvania site In March 2012, Shell signed with Horsehead Corp (Horsehead) a land option agreement on a 300 acre site for its $2.5 billion ethane cracker and petrochemical complex. This Appalachia ethane cracker project is a key milestone in Shell’s strategy to develop an upstream–downstream integrated business model to benefit from […]
BASF and Sinopec signed MOU for INA facility in China BASF and China Petroleum & Chemical Corporation (Sinopec) signed in Shenzhen, China, a Memorandum of Understanding (MOU) to start the feasibility study of a new isononanol (INA) facility in Maoming, Guangdong Province, China. With this MOU, BASF and Sinopc intend to extend their actual cooperation […]
YPFB awards Samsung first ammonia and urea plant Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Bolivia’s state-owned oil company, sent to Samsung Engineering Co., Ltd (Samsung) a notification of award (NOA) for a $843 million fertilizer plant. YPFB is planning to build this fertilizer facility in the city of Entre Rios, in the State of Cochabamba, in Bolivia as part […]
Saudi Aramco and Sabic gives momentum to GES+ Saudi Aramco initiated the concept of General Engineering Services Plus (GES+) initiative in order to enhance the level of competence of the local engineering companies and contractors and to contribute to create more value within Saudi Arabia. Indirectly the General Engineering Services Plus (GES+) is to increase the […]
Ibn Sina to move ahead in high performance chemicals Saudi Basic Industries Corp (Sabic) and its partners in Ibn Sina joint venture, Celanese Corp (Celanese) and Duke Energy Corp., have decided to reactivated the Polyacetal (POM) project in Al Jubail Industrial City, Saudi Arabia. Ibn Sina is the common name of the joint venture called […]