Tuesday 16 April 2024
 
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Luberef

Aramco lubricants JV signs deal with Samsung

  Saudi Aramco Lubricating Oil Refining Co (Luberef) has signed a contract with South Korea's Samsung Engineering to expand an oil lubricants refinery in Yanbu, Luberef said.   "The Yanbu R

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Samsung Engg wins Luberef deal

  South Korean group Samsung Engineering is to double the capacity of a Luberef oil lubricants refinery in Yanbu that is majority-owned by Saudi Aramco, two industry sources said on Monday.   Samsun

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Jacobs wins Aramco unit expansion deal

Saudi Aramco Lubricating Oil Refining Co (Luberef) has awarded US Jacobs Engineering a contract to design the expansion of its Yanbu refinery, the company said. Luberef, established in 1976, produces around 550,000 tonnes per year (tpy) of

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Aramco JV plant expansion to cost $1bn

Saudi Aramco Lubricating Oil Refining (Luberef) expects the cost of expanding its Yanbu refinery to be nearly $1 billion, an Aramco executive said on Tuesday. Luberef, established in 1976, produces around 550,000 tonnes per year (tpy) of o

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Jadwa acquires Luberef stake

Jadwa Investment Company has entered a deal with Mobil Petroleum Company (ExxonMobil) to acquire its 30 percent interest in the Saudi Aramco Lubricating Oil Refining Company (Luberef). Saudi Aramco owns 70 percent of Luberef. King

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