In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
Luberef
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Aramco’s refining unit awards $148 million EPC contract for Yanbu Growth II Expansion project
Saudi Aramco Base Oil Co (Luberef) has awarded a $148.55 million engineering, procurement and construction (EPC) contract to Egypt’s Petrojet for Yanbu growth II expansion project. The project will expand the Yanbu facility’s base oils (Group II and Group III) production capacity to 1.3 million Metric Tonnes (MT) per annum by 2025, the company said […]
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Saudi Aramco’s refining unit to raise $1.3 billion from IPO
The company sold more than 50 million shares, or about 29.7% of the company’s issued share capital