Middle East
ADNOC and OMV to Create $60+ Billion Global Polyolefins Champion
Combination of Borouge and Borealis to create Borouge Group International, with new entity to acquire Nova Chemicals for $13.4 billion, establishing the world’s fourth-largest polyolefins player
China National Chemical Engineering Company to Build Al-Faw Refinery in Iraq
In a ceremony from May 2024, Iraqi Prime Minister Mohammed Shia AL-Sudani announced the signing of a contract for China National Chemical Engineering Company (CNCEC) for the construction of the upcoming Al-Faw refinery project.
Aramco Awards $7.7 Billion Contracts to Add 1.5 bscfd of Raw Gas to Fadhili Gas Plant
Aramco, one of the world’s leading integrated energy and chemicals companies, today awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd).
His Highness the Amir Lays the Foundation Stone for the Ras Laffan Petrochemical Complex
His Highness Sheikh Tamim bin Hamad Al Thani, Amir of the State of Qatar, laid the foundation stone for the Ras Laffan Petrochemical Complex, one of the largest in the world, which will raise Qatar’s overall petrochemical production capacity to about 14 million tons per annum by the end of 2026.
Shell Pulls Out of Talks on Significant Petrochemical Project in Iraq
After nearly a decade of working to get the large Nebras petrochemical project up and going, Shell has chosen to cease its talks with the Oil Ministry of Iraq.
Técnicas Reunidas and Sinopec awarded two contracts by Saudi Aramco for more than 3.3 billion USD
Saudi Aramco, one of the world’s largest energy companies, has awarded a joint venture formed by the Spanish company Técnicas Reunidas and the Chinese Sinopec Engineering Group the development of new Natural Gas Liquids (NGL) fractionation facilities in Saudi Arabia. The works will be developed on the basis of two EPC (engineering, procurement and construction) contracts for the execution of Riyas NGL Fractionation Trains (Package 1) and Riyas NGL Common Facilities (Package 2), which includes utilities, storage and export facilities. Total investment arising from these two contracts amounts to more than 3.3 billion USD. Since the joint venture is 65% owned by Técnicas Reunidas and 35% by Sinopec Engineering Group, the Spanish company is entitled to more than 2.15 billion USD of this total amount.
Ringing in the New Year with Energy Intelligence!
The team at Global Energy Infrastructure (GEI) are thrilled to share what makes us your resource hub for international energy market intelligence in 2024. In the coming months we have exciting plans to expand our intelligence and data offerings. Data Knowledge Hub for the Energy World GEI is yo..
The future of H₂: A regional outlook—Part 3: The Middle East and the US
Nations around the world are investing in new technologies and pathways to limit carbon emissions and adhere to ambitious net-zero goals. Part of this strategy includes the massive scale-up of H₂ production capacity, primarily green routes that use renewable energy for production. Part 1 of this work detailed current and future H2 demand, active H2 project numbers and capital spending globally in Africa, Asia and Canada. Part 2 focused on Western and Eastern Europe, Russia, the Commonwealth of Independent States, and Central and South America. This final article will examine major H2 developments in the Middle East and the US.
Samsung Engineering receives FEED contract for Saudi Petrochemical Project
Samsung Engineering, a world leading engineering solutions and project management company, announced today that it received the NoA(Notice of Award) for the FEED (Front End Engineering Design) contract of a PDH, PP, UTOS plant from Alujain National Industrial Co.(LNIC) in Saudi Arabia. The contract amount is USD 19.428 million and the FEED work is expected to be carried out in Samsung Engineering’s offices in Seoul, Korea until May 2024.
Award of Packages 1 & 4 for a Petrochemical Expansion at the SATORP Refinery in Jubail, Kingdom of Saudi Arabia
Hyundai Engineering & Construction Co., Ltd. (“HDEC”) has been awarded contracts for two EPC packages related to a petrochemical expansion at the SATORP refinery in Jubail, Saudi Arabia. Package 1 (Mixed Feed Cracker and Refinery Off Gases) involves installing a Mixed Feed Cracker (MFC) to produce an additional 1,650 KTA (kilo tons per annum) of ethylene and related industrial gases. Package 4 (Utilities, Flares & Interconnecting) relates to installation of facilities that supply utilities such as electricity and water to plants, and functions as interconnecting systems that support main packages within the facilities.
Upcoming Capacity Additions Expected to Pay Off for Regional Demand
Following the trend of refinery closures and feedstock conversions over the last couple of years, some projects from around the world are approaching startup after years of development. Despite the new focus on renewable fuel development projects spreading across Europe and North America, other are..
ADNOC Makes Statement on Possible Merger of Borouge and Borealis
Abu Dhabi National Oil Company (ADNOC) P.J.S.C. (“ADNOC”) is excited to confirm that, following initial exploratory discussions, it has entered into formal negotiations with OMV AG (“OMV”), about the potential creation of a new combined petrochemicals holding entity, through the proposed merger of their respective existing shareholdings in Borouge plc (“Borouge”) and Borealis AG (“Borealis”).
Saudi Aramco and TotalEnergies sign deals to build $11bn Amiral petrochemicals complex
Saudi Aramco and France's TotalEnergies have awarded contracts to build the $11 billion Amiral petrochemicals complex in the city of Jubail in the kingdom's Eastern Province. The awarding of the engineering, procurement and construction contracts for main processing units and associated utilities marks the start of construction work on the major project, following the final investment decision made in December 2022, the companies said on Saturday.
NEW: Carbon Capture Storage Database is now available!
Addressing the challenges of climate change requires innovative solutions to reduce greenhouse gas emissions. Carbon capture and storage (CCS) technology has emerged as a promising approach to mitigate carbon dioxide (CO2) emissions from energy-intensive industries and power generation. To support the advancement and deployment of CCS, the new Global Energy Infrastructure (GEI) Carbon Capture Storage database provides a comprehensive collection of information and data related to CCS projects worldwide.
Masdar and Airbus sign agreement to support development and growth of global sustainable aviation fuel market
Use of sustainable aviation fuel estimated to reduce greenhouse gas emissions by up to 95 percent compared to existing jet fuel
Baker Hughes announces major LNG order from QatarEnergy for the North Field South (NFS) project
HOUSTON and LONDON, April 03, 2023 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday an order to be booked in the first quarter of 2023 with longtime partner QatarEnergy to supply two main refrigerant compressors (MRCs) for the North Field South (NFS) project, which will be executed by Qatargas. The MRCs are part of two LNG “mega trains” representing 16 million tons per annum (MTPA) of additional capacity that is estimated to further boost Qatar’s LNG production capacity to 126 MTPA, helping to propel Qatar as a leader in global LNG production by 2027.
Excelerate Energy Extends Time Charter Agreement with Dubai Supply Authority
THE WOODLANDS, Texas--(BUSINESS WIRE)-- Excelerate Energy, Inc. (the "Company" or "Excelerate") (NYSE: EE) announced today the extension of its Time Charter Agreement with Dubai Supply Authority ("DUSUP") for the FSRU Explorer. Prior to this agreement, the FSRU Explorer had a remaining firm charter period of approximately three years. Under the terms of the new agreement, the time charter period will be extended by an additional five years from the end of the existing contract in the fourth quarter of 2025.
Petrojet Has Signed an EPC Contract with Luberef for Production Facility in Yanbu in KSA
Petrojet - the executive arm for the Egyptian Petroleum Ministry- has signed an EPC contract with LUBREF ( Saudi Aramco Base Oil Company ) for carrying out the second phase of development named Growth - 2 Expansion Project, the agreement seeks to raise the Yanbu Facility’s base oil production capacity to approximately 1.3 million metric tons per year in 2025. Additionally, the contract will further enable Luberef to flexibly produce Group-II and Group-III base oils based on market demands.
ADNOC Announces Gas IPO
ADNOC, the Abu Dhabi state-owned energy company has announced its intention to float a stake in ADNOC Gas plc (“ADNOC Gas” or the “Company”), a world-class, large-scale integrated gas processing company, on the Abu Dhabi Securities Exchange (“ADX”) through an Initial Public Offering (“IPO”). ADNOC intends to offer approximately 4% of the total issued share capital of the Company.
Brunsbuttel FSRU Recieves First Cargo
The partnership between RWE and the Abu Dhabi National Oil Company (ADNOC) for the supply of Liquefied Natural Gas (LNG) is becoming visible with the arrival of the “Ish” as the first LNG cargo at the Brunsbuettel Elbehafen port. Here, the LNG will be regasified and fed into the German gas grid via the Floating Storage and Regasification Unit (FSRU) “Hoegh Gannet”, which was chartered by RWE on behalf of the German government. 137,000 cubic metres of LNG were shipped by ADNOC from Das Island, Abu Dhabi, to Brunsbuettel. This corresponds to more than 82 million cubic metres of regasified natural gas and to approximately 900 million kilowatt hours of energy. The LNG is to be fed into the grid from the end of February as part of the commissioning phase of the FSRU, which is currently underway.
DEWA and ENOC sign a Memorandum of Understanding to develop and operate a joint integrated pilot project for the use of hydrogen in mobility
The MoU was signed on the first day of the World Government Summit 2023. The signing ceremony was attended by officials from the Dubai Supreme Council of Energy, DEWA, and Enoc.
A Step Toward a Greener Future – Brooge Renewable Energy Ltd and Siemens Energy Announce Partnership at the 2023 World Government Summit to Pioneer Green Hydrogen and Ammonia Initiative in Abu Dhabi
Brooge Energy Ltd, a Cayman Islands-based infrastructure provider, which is currently engaged in clean petroleum products and biofuels and crude oil storage and related services, today announced a partnership through the company’s subsidiary Brooge Renewable Energy (“BRE”) with Siemens Energy (“SE”), one of the world’s largest energy technology companies, to build a PV solar farm to supply BRE’s Green Hydrogen and Green Ammonia project in Abu Dhabi, United Arab Emirates at the World Government Summit 2023 taking place on February 13 – 15, 2023 in Madinat Jumeirah, Dubai, United Arab Emirates.
HYDROM extends bid submissions for Phans A Round 1 by 1 month
As part of Oman Green Hydrogen Auction process, Hydrom is announcing that the bid submission deadline for Phase A Round 1 has been extended by 1 month. Bidders are now expected to submit their proposals by 15th of March 2023
Emerson Selected to Automate Largest Ethane Cracker in Middle East
Global software and engineering leader Emerson (NYSE: EMR) will provide automation technologies, software and analytics for the Ras Laffan Petrochemical Complex in Qatar as part of a consortium with Viasat Energy Services, a division of global communications company Viasat (NASDAQ: VSAT). The $6 billion integrated polymers project, a joint venture between QatarEnergy and Chevron Phillips Chemical, is currently under construction and scheduled to go online in late 2026.
Masdar, ADNOC, bp, Tadweer and Etihad Airways explore production in the UAE of sustainable aviation fuel from municipal solid waste and renewable hydrogen
Partners to conduct a feasibility study for the region’s first project to produce sustainable aviation fuel using renewable hydrogen and municipal solid waste SAF will be crucial in helping to decarbonize the aviation industry worldwide Joint feasibility study announced at the Abu Dhabi Sustainability Week
TA’ZIZ and Proman Sign Shareholders’ Agreement to Develop UAE’s First Methanol Facility
bu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG (Proman), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the United Arab Emirates’ (UAE) first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruwais Industrial City, Abu Dhabi.
QatarEnergy and Chevron Phillips Chemical Make a $6 Billion FID for the Ras Laffan Petrochemical Complex in Qatar
In early January 2023, QatarEnergy announced that it had made a Final Investment Decision alongside Chevron Phillips Chemical (CPChem) to build the Ras Laffan Petrochemicals Complex in Qatar for $6 billion dollars. QatarEnergy stated that this is the largest petrochemical investment in Qatar that they have ever made.
Aramco, Sinopec and SABIC expand refining and petrochemical cooperation
The Saudi Arabian Oil Company (“Aramco” or “the Company”), one of the world’s leading integrated energy and chemicals companies, China Petroleum and Chemical Corporation (“Sinopec”) and SABIC, are exploring collaboration across refining and petrochemical projects in China and Saudi Arabia.
Aramco and TotalEnergies to build a giant petrochemical complex in Saudi Arabia
The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The “Amiral” complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern coast. The investment decision is subject to customary closing conditions and approvals.
SABIC to Study Oil-to-Chemicals Project in Ras Al-Khair
SABIC, a global leader in diversified chemicals, announced on Wednesday its intention to study the establishment of a complex to convert oil and liquids into petrochemicals in Ras Al-Khair in the Kingdom of Saudi Arabia.
