“We continue to see progress,” said Genel CFO Luke Clements. “It’s painfully slow. But it’s not like we’re close and then it all blows up. It’s just small steps, but with good progress.”
At FID, Total said it aimed to start commercial operations in 2027.
"Upon completion, the new facility is set to create over 100 job opportunities for technicians and workers, thereby contributing to the local employment landscape," he said.
The project is QE’s “largest investment ever in Qatar’s petrochemicals sector and the first direct investment in 12 years”, Al-Kaabi said.
Siemens Energy has signed up to work with Adnoc to account for the emissions linked to production.
ADNOC has hailed a “tartan” energy revolution in Aberdeen while seeking supply chain partners for a $5bn opportunity in Abu Dhabi.
Kuwait has started up its giant Al-Zour refinery, Kpler has reported IIR Energy as saying. One crude distillation unit (CDU) at the 615,000 barrel per day plant started up a few days ago, it said.
KBR has won a seven-year contract to provide general maintenance services (GMS) to the Satorp complex in Saudi Arabia.
Saudi Aramco has taken a final investment decision (FID) on a major refinery and petrochemical project in China.
ACWA Power has secured financial close on its $12 billion Jazan project, which will supply Saudi Aramco’s refinery under a 25-year deal.
Kuwait’s Mina Al-Ahmadi refinery is on fire, Kuwait National Petroleum Co. (KNPC) has confirmed, with some minor injuries.
Fuel shortages are taking their toll in Lebanon, including on the UK embassy, which is withdrawing some staff.
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.