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SNC-Lavalin and Florexx ink contract category
June 16, 2018

SNC-Lavalin and Florexx ink contract

Montreal-based SNC Lavalin has signed a contract with Florexx International Investments to build a refinery in the UAE with a capacity of 100,000 barrels of petroleum products per day. SNC-Lavalin will conduct extended basic design engineering and subsequent design and delivery of the advanced topping refinery. The results of the basic engineering, projected to be out by the third quarter of 2018, will be used to support project FID approvals.

Sadara signs pipeline contract with Foster Wheeler category
May 29, 2018

Sadara signs pipeline contract with Foster Wheeler

Sadara Chemical Company, a venture of Saudi Aramco and the Dow Chemical Company, has signed a contract with Amec Foster Wheeler and Partners Engineering Co. for the detailed design and procurement of two pipelines. The two EO/PO pipeline transportation systems are 7 km long, and first of its kind, in the entire region of Middle East and North Africa (MENA).

APICORP report-MENA region is all set to invest USD 1tn over the next 5 years category
March 22, 2018

APICORP report-MENA region is all set to invest USD 1tn over the next 5 years

The annual MENA Energy Investment Outlook of Arab Petroleum Investments Corporation (APICORP), the multilateral development bank, predicts 3.2% growth in 2018 and 2019. It reflects that a considerable number of critical projects will be pushed in the MENA region in the next five years despite the volatile geopolitics. A total of $345 billion has been committed to ongoing projects and furthermore, $574 billion worth of development is planned.

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