A major Red Sea oil refinery joint venture between Saudi Arabia and China is expected to be working by November 2014, the venture's chief executive officer told Reuters on Monday.
Yanbu Aramco Sinopec Refining Company's (Yasreef) 400,000 b
State-run Saudi Aramco signed an initial deal with China's Sinopec Group to jointly build a $10-billion Yanbu refinery on the Red Sea coast, a pact that further cements ties between the two energy giants.
China, the world's No. 2 o
US-based KBR has been awarded a contract by Saudi Aramco Lubricating Oil Refining Company (Luberef) to implement its solvent deasphalting (SDA) technology, ROSE, for Luberef’s Yanbu refinery expansion project.
Under the contract, KBR will
State oil giant Saudi Aramco plans to award deals to build a 400,000 barrels per day (bpd) oil refinery in Yanbu in the coming few days, industry sources said on Wednesday.
Yanbu accounts for just under a quarter of Saudi plans to add arou
Saudi Aramco and US firm ConocoPhillips have set a February 28 deadline for bids for a solids unit at their joint 400,000 barrels per day (bpd) Yanbu refinery, industry sources said on Thursday.
The refinery is part of top oil exporter Sau
Saudi Aramco and ConocoPhillips have awarded KBR, a US firm providing technology services in the energy sector, an engineering contract for their Yanbu joint venutre refinery project.
Under the contract, KBR will provide detailed engi