Middle East
HP Business Trends
To satisfy its growing refined fuel demand, Latin America has relied heavily on imports from the US. Major refinery projects have been announced to curb this reliance, but the drop in crude oil prices has limited capacity expansions.
New projects decline, but backlog holds strong
Even after the recent downturn in oil and natural gas pricing, our analysis shows why downstream E&C companies can depend on a strong backlog to last through the decade.
Egypt plans $300M refinery expansion in gasoline; contracts UOP technology
ANRPC will add a second UOP CCR Platforming process unit, including a modular CCR section, at the facility to produce high-quality reformate, which is used to produce high-octane, low-sulfur gasoline.
BP to license purified terephthalic acid technology for new Oman facility
Using BP's technology, OMPET intends to build a 1.1-million tpy unit at Sohar, Oman, to produce PTA, the primary feedstock for polyesters used in the textile and packaging industry.
Iran eyes new methanol projects after sanctions
A full repeal of sanctions would also open up a large volume of methanol supply to global markets within the next five years, reducing the country's dependence on the Indian and Chinese markets for its exports, the IHS report said.
Borouge selects Neste Jacobs as FEED contractor on Ruwais PE upgrade
This project is the third FEED project in a row which Neste Jacobs is delivering to Borouge in the UAE under the long-term service contract that was previously signed between the two companies.
CB&I licenses styrene, ethylbenzene technology for Egypt plant expansion
The units will be a part of the Tahrir Petrochemicals complex expansion and will use CB&I's ethylbenzene (EB) and styrene (SM) technologies to produce 400,000 tpy of styrene monomer.
Manoir to equip refinery hydrogen furnaces for KNPC’s clean fuel project
The Manoir Industries deliveries are part of the KNPC's strategic Clean Fuel Project, which aims at upgrading the hydrogen production volume of integrated refinery plants so as to enhance the refinery's production capacity and reduce the sulfur content of their petrochemical products.
Automate environmental monitoring at petrochemical plants with LIMS
Environmental regulations can add to the cost of doing business in the petrochemical industry, so making compliance more efficient and less expensive is a bottom-line priority.
HP Global: Investment in Egypt’s downstream on the rise
Egypt is adopting a mix of investment strategies in refinery upgrades and construction of new capacity to meet the nation’s target for more high-quality light and middle distillate products and a reduction of transportation fuel imports.
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
- Nigeria's Seplat Energy hit by strike amid push for higher output 4/3
