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Oil - Downstream

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

New projects

Marine intake structure

Oman seeks firms for Duqm seawater supply Subscription

11 March 2015 | By

Facility to supply and dispose of seawater for proposed Duqm refinery

Global biofuels production and Fujairah oil and gas projects

Petrixo to tender $1.3bn biofuels refinery Subscription

23 February 2015 | By

Fujairah facility to produce 1 million tonnes a year of fuels from 2016

Refinery

Egypt mulls $9bn refinery Subscription

9 February 2015 | By

Cairo considers presenting the project to investors at its Sharm el-Sheikh conference

Project bids

Refinery

Commercial bids submitted for refinery Subscription

16 March 2015 | By

Contracts expected to be awarded in late Q2 or Q3 for Fujairah refinery

New Refinery Project bids $4.2bn over budget

New Refinery Project bids $4.2bn over budget Subscription

10 March 2015 | By

Price differences stoke concerns the project will be retendered by Kuwait

Refinery

Tecnicas Reunidas bids low on Kuwait gas train Subscription

9 March 2015 | By

Spanish contractor submits price of $1.45bn for Mina al-Ahmadi contract

Egypt and Kuwait to partner on downstream projects

Prices revealed for Kuwait’s Al-Zour Refinery Subscription

9 March 2015 | By

Consortiums led by Tecnicas Reunidas and Fluor bid low

Refinery

Contractors prepare for Kuwait refinery deadlines Subscription

4 March 2015 | By

Bid submission dates loom for the New Refinery Project and the Mina al-Ahmadi gas train

Refinery

Kuwait refinery bidders must justify their price Subscription

22 February 2015 | By

Central Tenders Committee questions the low-bidder on Al-Zour package five

Refinery

Prequalification extended for refinery Subscription

16 February 2015 | By

Companies given extra four weeks to submit documents for Oman’s Duqm oil refinery project

Oman port

Oman prequalifies for Duqm berths terminal Subscription

4 February 2015 | By

Contractors asked to submit documents by 10 March

Projects awards

The offtake will be sold in-kingdom to steel, aluminium and titanium oxide producers

Hanwha wins $350m Saudi project Subscription

24 February 2015 | By

South Korean contractor to build calcined petroleum coke plant

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

Financing

Refinery

Kuwait discusses Al-Zour refinery package Subscription

11 February 2015 | By

Contractors invited to meeting on price discrepancy on Al-Zour New Refinery Project marine package

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

UK firm awarded Oman services contract Subscription

26 March 2015 | By

Engineering group to provide technical services to refineries and petrochemicals plants

Egypt petrochemicals

Mostorod New Refinery is 50 per cent complete

15 March 2015 | By

Qalaa Holdings says the $3.7bn project will create 10,000 construction jobs at its peak

Petrochemicals

Bids in for Al-Zour refinery packages Subscription

9 March 2015 | By

Contractors submit bids for the New Refinery Project process packages

Refinery

Jizan refinery and power plant scheduled for 2018 Subscription

25 February 2015 | By

If execution goes to schedule commissioning of both will start in 2017

Kuwait oil and gas awards

Oil and gas packages worth $11.6bn see delays in Kuwait Subscription

11 February 2015 | By

Al-Zour New Refinery Project and Mina al-Ahmadi gas train among the delayed projects

Refinery

Call for increased refinery efficiency Subscription

4 February 2015 | By

Bahrain Energy minister says companies should set clear reduction targets

Petrol pumps

Adnoc lost more than $1.7bn in gasoline sales Subscription

4 February 2015 | By

Energy minister says local oil companies suffered significant losses on low prices during 2014

Refinery

Libyan refining sector faces challenges Subscription

3 February 2015 | By

Ongoing violence and elderly facilities cloud outlook for downstream operations

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Oil - downstream trends

Refined products sales

Saudi refining plan hinges on curbing subsidies Subscription

1 March 2015 | By

Kingdom aims to become world’s second-largest exporter of refined products

Kuwait oil and gas contract awards

Record oil and gas contract awards expected in Kuwait Subscription

6 January 2015 | By

Project contracts worth $21.5bn due to be awarded over 2015

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

Filter all oil - downstream analysis by country

MEED commentary

Wil Crisp

Kuwait could re-tender Al-Zour refinery

26 March 2015 | By

Refinery negotiations reach critical point as state oil firm holds talks with contractors

Refinery

Kuwait’s Al-Zour refinery negotiations at a critical juncture

26 March 2015 | By Wil Crisp

KNPC to decide on possible re-tender

Aramco calls time on Jeddah refinery

Aramco calls time on Jeddah refinery

17 March 2015 | By

Decommissioning the aged facility seems to be the right way to go, given the new refineries coming online in the kingdom

Refinery

Kuwait's Al-Zour refinery in danger of stalling Subscription

11 March 2015 | By

Any new delays to the refinery project must be avoided

Kevin Baxter

Aramco pushing ahead with Jizan refinery Subscription

5 March 2015

The $20bn investment is expected to drive growth in the remote area of Saudi Arabia

Refinery

Jizan turning the corner Subscription

24 February 2015 | By

Economic forum will bring renewed hope for the region

Ras Tanura refinery in Saudi Arabia

Aramco still committed to long-term vision Subscription

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 Subscription

11 December 2014 | By

International contractors are still willing to take all the risks

See all MEED commentary

Special reports

Refinery

Oil & Gas: Times are changing for the region’s refiners

16 February 2015

Refining companies may have to rethink their refining investment strategies to overcome the uncertainty of low oil prices

See all oil - downstream special reports

Data

Top 100 Projects, Q4 2014 Subscription

4 February 2015 | By

The largest projects in the Middle East, listed by value

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


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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

Latest oil price

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