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Petrochemicals

Middle East petrochemicals news, analysis, tenders, contracts awarded, commentary and data. Keep up to date by signing up to MEED's petrochemicals newsletter. If you are not a subscriber but need access then subscribe to the region's leading business intelligence service now
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New projects

Saudi Aramco to retender Ras Tanura in late 2014 or early 2015 Subscription

1 July 2014 | By

Front-end engineering and design being reconfigured to fit new scope of work for the Ras Tanura refinery clean fuels and aromatics project

Project bids

Sabic has given international contractors until 2 November to submit tenders for its planned acrylonitrile plant

November deadline for Sabic acrylonitrile plant tender Subscription

13 October 2014 | By

Three contractors bidding for long-awaited petrochemicals scheme

Maaden is expected to make a decision by the end of September on the last two remaining technical packages for its $7bn phosphates city at Waad al-Shamal

Maaden to award remaining Waad al-Shamal packages Subscription

9 September 2014 | By

Two contracts still under evaluation after initial bids were too high

Petrochemical plant

Oman invites prequalification on Liwa Plastics Subscription

9 September 2014 | By

Sohar petrochemicals complex split into four construction packages

Refinery

Three bidders remain for $6.4bn Qatar petrochemical scheme Subscription

18 August 2014 | By

Final commercial submissions for Al-Karaana Petrochemicals Complex are expected in October

Ras Laffan petrochemicals complex in Qatar

Prequalification starts at $7.4bn Qatar chemicals scheme Subscription

18 August 2014 | By

Al-Sejeel petrochemicals complex invites interest for last two packages at Ras Laffan

Oman seeks interest in Liwa Plastics construction tender Subscription

1 July 2014 | By

Companies ask to express interest in $3.6bn petrochemicals project in Sohar

Sabic joint venture yet to sign petrochemicals plant deal Subscription

30 June 2014 | By

Nothing has been finalised on project to build two petrochemicals facilities in Saudi Arabia, say sources

Frontrunners emerge for $500m Sabic project Subscription

4 June 2014 | By

Decision expected to be made between Spanish and Taiwanese contractors

Project awards

caustic soda

Nuberg wins deal to expand Abu Dhabi caustic soda plant Subscription

13 October 2014 | By

Indian group awarded $15m contract by project owner Al-Ghaith Industries

fertilisers

KBR wins Algerian fertiliser contract Subscription

17 September 2014 | By

Fertial awards US engineering firm design contract to overhaul ammonia plants

Plant

Jordan signs fertiliser deal with Chinese group Subscription

17 September 2014 | By

State mining group plans to build $350m phosphates plant in Aqaba

Petrochemical plant

Oman awards five technology licences on Liwa Plastics Subscription

16 July 2014 | By

Petrochemicals deals worth $80m handed to Randall, Axens, CB&I, LyondellBasell and Univation

Linde wins design deal on Salalah ammonia plant Subscription

23 June 2014 | By

Construction deal of Omani chemicals project expected to be tendered at the end of 2014

Financing

Orpic pushes forward with Liwa Plastics Project

Orpic pushes forward with Liwa Plastics Project Subscription

21 October 2014 | By

Financial adviser confirmed on Oman petrochemicals scheme

Petrochemicals

Tahrir complex will go ahead with or without EXIM Subscription

16 September 2014 | By

Carbon Holdings says its $5bn project in Egypt will continue if US EXIM Bank is unwound

Updates

Bid deadline extended for $6.4bn Al-Karaana complex

Bid deadline extended for $6.4bn Al-Karaana complex Subscription

8 October 2014 | By

Qatar Petroleum and Shell give consortiums more time to formulate tenders

GCC polymers exports

Kuwait revives Olefins 3 plans Subscription

8 October 2014 | By

Multibillion-dollar petrochemicals project sees new momentum

Qatar gas

Al-Sejeel just a blip in Qatar's grand plan

25 September 2014 | By

Doha has a reputation for spending money on projects it believes in

Qatar puts Al-Sejeel petrochemicals plant on hold

Qatar puts Al-Sejeel petrochemicals plant on hold Subscription

24 September 2014 | By

Joint venture partners to look at alternative plans that could give higher yields

petrochemicals

Egypt’s Ain Sokhna ammonium nitrate plant to go online Subscription

24 September 2014 | By

Ain Sokhna plant is one of two Carbon Holdings facilities expected to start production in coming months

Maaden is expected to make a decision by the end of September on the last two remaining technical packages for its $7bn phosphates city at Waad al-Shamal

Maaden to award remaining Waad al-Shamal packages Subscription

9 September 2014 | By

Two contracts still under evaluation after initial bids were too high

Global lab demand

Farabi moves $1bn plant from Jizan to Yanbu Subscription

7 September 2014 | By

New petrochemicals plant has secured land allocation and is now in discussions for feedstock

Start-up of Saudi urea plant pushed back Subscription

25 June 2014 | By

Safco-5 fertiliser plant to start up in the first quarter of 2015 amid construction delays

Petrochemical trends

Middle East contracts September 2014

Middle East contracts awarded: September 2014 Subscription

16 October 2014

Over $2bn of contracts awarded in September in the Middle East

Nationals in petrochemicals workforce

GCC chemicals industry creating local jobs with varied success Subscription

14 October 2014 | By

Industry group says almost 150,000 people directly employed in regional chemicals sector

Illustration of Basil el-Baz

Basil el-Baz, chairman and CEO of Carbon Holdings Subscription

1 October 2014 | By

Basil el-Baz believes Egypt can compete with the US and Saudi Arabia when it comes to world-class petrochemicals facilities

Filter all petrochemicals analysis by country

MEED comment

Oil-to-chemicals offers solution on an epic scale

Oil-to-chemicals offers solution on an epic scale

9 October 2014 | By

New petrochemicals venture could provide jobs and insulation from oil shocks for the whole region

Kuwait Olefins 3 integration adds uncertainty to New Refinery Project

Olefins 3 integration adds uncertainty to New Refinery Project

9 October 2014 | By

Project merger sparks concerns about further delays

Qatar gas

Al-Sejeel just a blip in Qatar's grand plan

25 September 2014 | By

Doha has a reputation for spending money on projects it believes in

Yanbu petrochemicals

The expansion challenge for Farabi

11 September 2014 | By

Building a petrochemicals plant is always difficult, but Farabi faces doing so without state ownership

Ras Laffan, Qatar

Qatar’s return to spending Subscription

21 August 2014 | By

Doha is keen to both strengthen its gas operations as well as diversify its hydrocarbons sector

Mining

Morocco’s chance to lead the pack Subscription

7 August 2014

With the right management from Rabat, Morocco can become a global phosphates superpower

Refinery

Chemicals plan hits fuel hurdle Subscription

3 April 2014 | By

A planned oil-to-chemicals project in Yanbu has huge potential, but could be derailed by the amount of subsidised fuel it needs for power

Gasification

Jizan success to attract investors Subscription

27 March 2014 | By

While the gasification scheme is expensive, it could end up paying for itself very quickly

See all MEED commentary

Special reports

Petrochemicals

Petrochemicals: Sabic tests oil-to-chemicals

9 October 2014

Middle East producers can no longer ignore streams outside the established ethylene and propylene product chains

Petrochemicals

Petrochemicals: Evolution of the region’s plastics industry Subscription

19 February 2014

Despite increasing product diversity, the Middle East petrochemicals sector must seek new markets in light of increased competition

See all petrochemicals special reports

Presentations

Lusail Iconic stadium

Webinar: Qatar Projects Subscription

8 April 2013

There are more than $220bn-worth of projects planned or under way in Qatar, as it pushes forwards with major infrastructure developments

Abu Dhabi petrochemicals plant

Future developments in Middle East petrochemicals Subscription

26 March 2012

MEED’s exclusive subscriber-only online seminar on the petrochemicals sector in MENA outside of the GCC

See all presentations

Top 10 projects

Rank Project Name Country Contract value ($m)
1 Damietta Fertiliser Plant Expansion Egypt 1,800
2 Tahrir Petrochemicals Complex: Offsites & Utilities Egypt 1,700
3 Jubail New Petrochemical Complex: Utilities & Offsites Saudi Arabia 1,650
4 Expansion of Rabigh Aromatics Complex: RP2 Saudi Arabia 1,500
5 Borouge 3 Expansion Project: Ruwais Polyolefins Unit UAE 1,250
6 Jubail Methyl Methacrylate & Polymethylmethacrylate Plants Saudi Arabia 1,200
7 Jubail New Petrochemical Complex: Mixed Feed Cracker Saudi Arabia 1,000
8 Borouge 3 Expansion Project: Ruwais Offsites & Utilities UAE 937
9 Waad Al Shamal Mining City: Phosphoric Acid Plant Saudi Arabia 933
10 Jubail New Petrochemical Complex: Polyethylene Package Saudi Arabia 900
Click through to the full data table on the biggest petrochemical projects in execution
Click through to MEED's Q2 2014 Top 100 Projects report
Source: MEED Projects; Data compiled: September 2014

Project trends

Gulf projects index

Market eases for Eid break Subscription

9 October 2014

Oman is only projects market to record significant movement

Gulf Projects Index

Iran market expansion shores up index Subscription

7 August 2014

With a market growth of 3.8 per cent, Iran offers the main support for the Gulf Projects Index

See all Gulf Projects Index articles

People

Wael Sawan

16 June 2014

Wael Sawan is managing director and chairman, Qatar Shell Companies

Thani Thamer Mohammad al-Thani

16 June 2014

Thani Thamer Mohammad al-Thani is deputy general manager, Qatar Shell

Ziad al-Labban Subscription

9 March 2014

Ziad al-Labban is CEO, Sadara Chemical Company

Alan Yeap

20 February 2014

Alan Yeap is CEO, New Quantum Holdings

Daniel Starta

20 February 2014

Daniel Starta is managing director and partner, AT Kearney Limited

Graham Hoar

20 February 2014

Graham Hoar is vice president, Middle East, Nexant

See all petrochemicals biographies

Meet the analysts


Kevin Baxter
Energy and Industries Editor
Countries covered: Saudi Arabia, Bahrain, Qatar, Algeria

Phone: +971 (0)4 818 0246
Email: kevin.baxter@meed.com

Mark Watts
Energy and Industries Reporter
Countries covered: UAE, Oman, Iran

Phone: +971 (0)4 818 0248
Email: mark.watts@meed.com

Research Reports

Qatar Report 1152x640

Qatar Projects Market Report 2014

3 April 2014

A comprehensive overview of the region’s fastest growing projects market

See all research reports

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MEED events

Kuwait Projects 2014

Kuwait Projects 2014

Exploring project opportunities in the Kuwait Market

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