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Oil - Downstream

Middle East downstream oil sector news and analysis, tenders, contracts awarded, commentary and economic data.

New projects

Emarat tenders Fujairah storage terminal expansion

Emarat tenders Fujairah storage terminal expansion Subscription

13 October 2014 | By

UAE group invites bids for third phase of work at UAE facility

Project bids

Fujairah refinery bids set for March

Fujairah refinery bids set for March Subscription

22 January 2015 | By

Contractors given deadline for main package of new refinery project

Pipeline construction

Kuwait delays Al-Zour pipeline contract award Subscription

21 January 2015 | By

Contractors asked to extend bid bond until the end of March

Refinery

Still no awards decision on Bazian refinery Subscription

11 January 2015 | By

Qaiwan Group still assessing proposals for Bazian refinery expansion and pipeline in Kurdistan region of northern Iraq

Refinery

Hyundai E&C bids low for New Refinery package Subscription

8 January 2015 | By

Consortium comprising Hyundai Engineering & Construction, Saipem and Essar submits low bid of $1.55bn

Refinery

Saipem and Essar bid low on Al-Zour Refinery package four Subscription

9 December 2014 | By

Consortium submits a price of $1.4bn

Al-Zour refinery project faces another delay

Al-Zour refinery project faces another delay Subscription

4 December 2014 | By

Bid deadline extended for package five

Gasoline forecasts

Qaiwan Group in talks on Bazian refinery expansion Subscription

3 November 2014 | By

Iraqi Kurdistan company prepares to award refinery and crude pipeline packages

Larsen & Toubro pulls out of New Refinery pipeline deal

Larsen & Toubro pulls out of New Refinery pipeline deal Subscription

30 October 2014 | By

Dubai’s Dodsal now favourite to win Kuwait Oil Company contract

Projects awards

GPS consortium wins Oman oil pipeline deal

GPS consortium wins Oman oil pipeline deal Subscription

18 December 2014 | By

Work involves building refined products pipeline linking Muscat and Sohar

Bapco has awarded the US’ Chevron Lummus Global a $100m-plus contract to carry out design and engineering work on its Sitra refinery

Bapco awards Chevron Lummus $100m design deal Subscription

15 October 2014 | By

US joint venture will also provide licensed technology for refinery modernisation programme

oil pipes

Bapco awards package to Chevron Lummus Subscription

22 September 2014 | By

US company to build residue hydrocracker at Bahrain refinery

Bapco has awarded France’s Technip a front-end engineering and design contract as part of its refinery modernisation programme

Technip wins Bapco refinery design Subscription

21 September 2014 | By

French contractor awarded deal worth $55m for front-end work

Gasification

Aramco on verge of awarding Linde Jizan air supply deal Subscription

1 September 2014 | By

Scheme will involve some third-party ownership and is worth well in excess of $1bn

Financing

Refinery under construction

Aramco sees Jizan refinery costs soar by $2bn Subscription

20 November 2014 | By

Contractors claiming more funds due to delays and scope changes in huge refinery scheme

Oil - downstream market news

Refinery

Yemen looks to import refined goods Subscription

13 January 2015 | By

Local refiner has to pay for gasoline and gasoil after Saudi Arabia suspends financial aid

Refining industry

Oman mulls share sale of state refining group Subscription

12 January 2015 | By

Orpic shares may be offered to public, oil minister quoted as saying

Engineers hard at work to reopen Baiji refinery

Engineers hard at work to reopen Baiji refinery Subscription

22 December 2014 | By

Iraq’s biggest refinery was taken back from Isis in November

Design for Sitra refinery expansion to be completed by 2015

Sitra refinery design set for 2015 finish Subscription

21 December 2014 | By

Bahrain oil minister says all capital projects are going ahead as planned

GPS consortium wins Oman oil pipeline deal

GPS consortium wins Oman oil pipeline deal Subscription

18 December 2014 | By

Work involves building refined products pipeline linking Muscat and Sohar

Lower oil prices will spur reforms

Morgan Stanley says oil could fall to $43 a barrel Subscription

9 December 2014 | By

Bank cuts base-case crude forecast to $70 a barrel for 2015

Baiji refinery

Iraq forces break siege at Baiji refinery Subscription

19 November 2014 | By

Baghdad claims strategic victory as army regains ground from Islamist militants

Mina al-Ahmadi refinery in Kuwait

Kuwait extends deadline for fifth gas train at Mina al-Ahmadi Subscription

11 November 2014 | By

State refiner asks companies to submit bids by 25 January

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Oil - downstream trends

Refinery

A new era for contracting Subscription

11 December 2014 | By

The recent price dispute at Aramco’s Jizan project suggests a new period of less aggressive bidding is around the corner

Current account balance

A lifeline for oil importers Subscription

11 December 2014 | By

Low oil prices will provide an economic boost for Middle East and North Africa

Fujairah's location on the Gulf of Oman coast gives it direct access to the Indian Ocean, a geographical advantage that has attracted investment in key energy infrastructure over the past decade

Oil and gas drives $9bn projects pipeline in Fujairah Subscription

13 November 2014 | By

Emirate’s access to Indian Ocean attracts investment

Yanbu Export Refinery

Yanbu Export Refinery Subscription

22 September 2014

The refinery, jointly owned by Saudi Aramco and China Petrochemical Corporation, will have a capacity of 400,000 barrels a day

Mostorod New Refinery Subscription

22 September 2014

Egyptian Refinery Company is building new hydrocracker and vacuum distillation units at the existing Mostorod refinery

Gulf projects index

Projects index dips as market slows Subscription

22 May 2014

Oman only country to record growth in value, while Iraq posts biggest decline

Filter all oil - downstream analysis by country

MEED commentary

Ras Tanura refinery in Saudi Arabia

Aramco still committed to long-term vision

6 January 2015 | By

Ras Tanura postponement should not be misconstrued as anything other than capital investment planning

Offshore oil rig

Choosing the right model

11 December 2014 | By

International contractors are still willing to take all the risks

Some industry experts working in Saudi Arabia have said the low-risk, low-cost, lump-sum turnkey contracting model has now had its day

Saudi Aramco lays down the law

27 November 2014 | By

The days of high-risk project bidding are probably over

Kuwait’s projects market is enjoying a long-awaited period of high activity

Bright future for Kuwait projects market

27 November 2014 | By

While contract awards are expected to keep flowing in 2015, the country is little prepared for the surge in activity

Jizan Economic City

End result will justify Jizan overruns Subscription

20 November 2014 | By

Refinery project has been a challenge to all involved

Baiji refinery, north of Baghdad, in Iraq

Erbil strives to meet domestic fuel demand Subscription

6 November 2014 | By

Baiji refinery outage highlights importance of refining expansion in Iraqi Kurdistan

Kuwait Olefins 3 integration adds uncertainty to New Refinery Project

Olefins 3 integration adds uncertainty to New Refinery Project Subscription

9 October 2014 | By

Project merger sparks concerns about further delays

Gasification_xl

The real work now starts for Jizan Subscription

1 September 2014 | By

Riyadh needs to ensure region is an attractive proposition to investors

See all MEED commentary

Special reports

Oil

Oil & Gas: Middle East lifts refining capacity Subscription

6 February 2014

Both companies and governments are investing in new refineries

See all oil - downstream special reports

Companies

Nargan Engineers & Constructors logo

Nargan Engineers & Constructors Subscription

The Iranian engineering, construction and procurement contractor works in the oil, gas and petrochemicals sectors

UOP Honeywell logo

UOP Subscription

Honeywell’s UOP is an international supplier of technology in the oil refining, gas processing and petrochemical production industries

See all oil - downstream company profiles

People

Mohammad Ghazi al-Mutairi Subscription

22 January 2015

Mohammad Ghazi al-Mutairi is CEO, Kuwait National Petroleum Company

Abdulrahman al-Wuhaib Subscription

9 March 2014

Abdulrahman al-Wuhaib is senior vice-president downstream, Saudi Aramco

Abdulrahman F. Al-Wuhaib

Abdulrahman F. al-Wuhaib

20 February 2014

Abdulrahman F. Al-Wuhaib

Takashi Kawamura Subscription

3 January 2013

Takashi Kawamura is chief executive officer of Hitachi Plant Technologies

Khaled Abu Nasrah Subscription

3 January 2013

Khaled Abu Nasrah is president, Middle East, at KBR

Marwan Chedid Subscription

3 January 2013

Marwan Chedid is chief executive officer (CEO) for engineering, construction, operations and maintenance at Petrofac

See all oil - downstream 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

Tenders

Kuwait: LPG tankers Subscription

30 November 2014 | By

Design, building and delivery of two liquefied petroleum gas (LPG) tankers

See all oil - downstream tenders

Research reports

Oil & Gas

MENA Oil & Gas Market Report 2015

A comprehensive overview of the $700bn-plus MENA upstream oil and gas, downstream refining and petrochemical sectors

See all research reports

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MEED events

Bahrain

Bahrain Energy & Infrastructure Forum 2015

Showcasing updates on the $46.8 bn worth of projects planned until 2030

See the MEED events calendar

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