Posted inNews

Alfanar, Daewoo to develop oil, gas and petrochemical projects in Saudi Arabia

Saudi construction company Alfanar signed an agreement with Korea’s Daewoo Engineering & Construction Co to explore opportunities for joint collaboration in the construction of ‎oil, gas, and petrochemical projects in ‎Saudi Arabia. Through this agreement, Alfanar will work on transferring and localising expertise in the engineering construction field and exchange the expertise of advanced technologies […]

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Posted inDownstream

Iraq to launch bids for five new oil refineries

Iraq is planning to invite bids for five new oil refineries to rehabilitate its hydrocarbon industry and other sectors, the country’s Oil Minister Hayan Abdel Ghani said in remarks published on Thursday. Ghani said the new refineries would add more than 500,000 barrels per day (bpd) to Iraq’s refining capacity, which will support its bid […]