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Shoaiba Storage tendered as In-Kingdom EPC contract Saudi Aramco is continuously adjusting its contractual strategy for the construction of the hydrocarbon bulk storage terminal planned at the mi-distance of the Saudi Arabia west coast on the Red Sea. Located 220 kilometers south of Jeddah, Shoaiba is the city on the west coast at the shortest […]

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Banagas considers Sitra Third Train Expansion project While Tatweer Petroleum (Tatweer) is increasing its oil and gas production from the Bahrain Field, Bahrain National Gas Company (Banagas) is considering the expansion of its Sitra gas processing facilities with the addition of a third train. Covering 80 percent of Bahrain main island, the Bahrain field was discovered […]

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Basf Petronas Chemicals invest $500 million in Gebeng The German chemical global leader Basf and the Malaysian Petronas Chemicals Group Berhad (Petronas) have decided to expand their joint venture Basf Petronas Chemicals (Basf–Petronas) with a world-scale integrated aroma ingredients complex at Gebeng, near Kuantan, on the east coast of the Malaysia peninsula. Through their Basf–Petronas joint venture,Basf and […]

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Methanex to invest $550 million to benefit from low shale gas prices Methanex produces about 3.8 million t/y of Methanol and is the world’s largest supplier of Methanol to major international markets with production units in Canada, Chile, Egypt, New Zealand and Trinidad.   Methanol is produces mainly out of natural gas, therefore the access to reliable and […]

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