Petrochemicals

Saudi Arabia to support South Africa’s oil industry

36750078170 321e35dd20 zSaudi Arabia has plans to invest US$10bn in South Africa through the construction of an oil refinery and petrochemicals plant, according to Saudi Arabia's Energy Minister Khalid Al-Falih

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Tendeka wins AICDs contract to boost oil recovery in Middle East

tenIndependent global completions service company Tendeka has won a major contract in the Middle East, where it will provide reservoir modelling and the installation of its FloSure Autonomous Inflow Control Devices (AICDs) to boost production and improve reservoir performance in several mature fields

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ADNOC L&S to transport cargo from Ruwais container terminal

boro adnoc 9jBorouge, one of the leading petrochemical companies that provide plastics solutions, has awarded ADNOC Logistics & Services (ADNOC L&S) a three-year contract to transport 11mn tonnes of polymers from its Ruwais container terminal to Khalifa and Jebel Ali Ports

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Dentons advises OOCEP on sale of Khazzan stake to Petronas

Oman 9jDentons has advised Oman Oil Company Exploration & Production LLC (OOCEP), the exploration arm of the state-owned Oman Oil Company SAOC, on the sale of a 10 per cent stake in the giant Khazzan gas onshore field and project in Oman to Malaysia's Petronas

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‘Oil prices to trade between the US$60-70 per barrel range by mid-2019’

oi price 8jOil prices are likely to trade between US$60-70 per barrel range by mid-2019, barring sharp economic slowdown, according to Arab Petroleum Investments Corporation (APICORP)

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