Middle East

Middle East

S-Oil expansion project opened

An MoU was also signed between Aramco and S-Oil to collaborate on a $6 billion Steam Cracker amd Olefin Downstream ProjectSaudi Aramco is advancing its global chemicals...

Middle East

In Brief

SRF buys 49pc stake in AcwaRIYADH: Silk Road Fund (SRF), a state-owned investment fund of the Chinese government, has reached an agreement with Saudi-based Acwa Power, a...

Middle East

Petrofac loses out on deals

Oilfield services provider Petrofac lost out on $10 billion worth of contracts globally due to a probe by Britain’s Serious Fraud Office into dealings in the Gulf, its...