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Oil - Downstream

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

New projects

Biofuels

High interest in Fujairah biofuels Subscription

27 May 2015 | By

Banks surveyed on financing project

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

Oil tanker

Companies prequalified for Duqm liquids terminal Subscription

26 May 2015 | By

Tender expected to be floated in third quarter of 2015

Price of steel reinforcing bars in UAE

Al-Zour retender may fail to produce a lower price Subscription

10 May 2015 | By

Contractors warn of rocketing construction costs in Kuwait

KNPC has officially announced its decision to retender package four of the Al-Zour New Refinery Project

Kuwait announces retender of Al-Zour package four Subscription

10 May 2015 | By

Process will be fast-tracked

Refinery

Kuwait to retender Al-Zour tankage package Subscription

16 April 2015 | By

State downstream operator believes contractors could not justify high prices

Pipeline

Bidders on New Refinery pipeline renew bonds Subscription

13 April 2015 | By

Contractors voice concerns about possible retendering

Refinery

No quick decision on Al-Zour retender Subscription

30 March 2015 | By

Senior official says he does not expect early verdict on refinery’s future

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

Projects awards

Oil storage

Audex awarded $231m of work on Fujairah oil storage Subscription

21 May 2015 | By

Singapore group to build oil storage terminals for two companies at UAE port

Power station

Indian company wins Kuwait substation contract Subscription

20 May 2015 | By

New facility will supply the Mina al-Ahmadi refinery

Pipeline projects

Tebodin picks up three Abu Dhabi oil project contracts Subscription

17 May 2015 | By

Dutch group to study replacement of piping systems on Das Island

Oil pipeline

Tebodin overseeing Muscat-Sohar pipeline Subscription

14 May 2015 | By

Dutch group appointed project management consultant for Oman infrastructure scheme

The scope includes a storage tank

UK company wins design contract in Kuwait Subscription

13 May 2015 | By

Project estimated to be worth $500m

Galfar awarded Duqm refinery site preparation work

Galfar awarded Duqm refinery site preparation work Subscription

3 May 2015 | By

Local group to complete contract by second quarter of 2016

Technip awarded management on Basra refinery upgrade

French firm awarded management on Basra refinery upgrade Subscription

28 April 2015 | By

Partners Japan’s Unico to oversee estimated $1.5bn project in southern Iraq

Refinery

Aramco awards final major Jizan package Subscription

20 April 2015 | By

$20bn refinery and power plant complex in southwest of Saudi Arabia ready to enter construction phase

Financing

Refinery

Orpic secures loan Subscription

19 May 2015 | By

Omani refining company says funds will be used to support growth

Refinery

State oil company requests bigger budget for Al-Zour Subscription

15 April 2015 | By

Kuwait National Petroleum Company seeks permission to spend an extra $2.88bn

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

Oil - downstream market news

Oil storage

Audex awarded $231m of work on Fujairah oil storage Subscription

21 May 2015 | By

Singapore group to build oil storage terminals for two companies at UAE port

Pipeline projects

Tebodin picks up three Abu Dhabi oil project contracts Subscription

17 May 2015 | By

Dutch group to study replacement of piping systems on Das Island

Payments from Baghdad disappoint as Kurds hit record oil exports

Baghdad disappoints as Kurds hit record oil exports Subscription

14 May 2015 | By

Erbil receives less than half expected budgetary payment for April

Chinese coal-to-olefins production set to impact the Middle East

Chinese coal-to-olefins set to impact Middle East Subscription

12 May 2015 | By

Total says new Chinese facilities could erode petrochemical prices

Debt financing secured for Egypt’s $2.1bn Asyut hydrocracker

Egypt hydrocracker secures finance Subscription

6 May 2015 | By

About 6 institutions have committed to providing funds for the project

Refinery

Al-Zour package awaiting approval for re-tender Subscription

29 April 2015 | By

Decision expected on New Refinery Project package from Kuwait’s Central Tenders Committee in coming weeks

Petcoke

Saudi Arabia refinery makes first petcoke shipment Subscription

13 April 2015 | By

Yasref complex in Yanbu continues to ramp up production to full capacity

Bahri signs shipping deal with S-Oil

Bahri signs shipping deal with S-Oil Subscription

13 April 2015 | By

Saudi company agrees to 10-year deal

Filter all oil - downstream news by country

Oil - downstream trends

Refinery

Jizan enters next phase Subscription

23 April 2015 | By

Construction of refinery and power plant will offer up some serious challenges for Saudi Aramco

Fujairah oil storage capacity

Fujairah oil storage continues rapid expansion Subscription

30 March 2015 | By

Capacity demand rises as traders hold stocks while crude prices stay low

Jubail cover

Sadara Chemical is Jubail’s game changer Video Subscription

10 March 2015 | By ,

The imminent opening of the Sadara chemicals project signals the start of a new era of growth for the city

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

Filter all oil - downstream analysis by country

MEED commentary

South Korean firms now have experience on some of the largest hydrocarbons projects that have ever been built

South Koreans will be back Subscription

12 May 2015 | By

The Asian contractors will return when the region’s oil and gas projects market picks up

Iraq’s refining sector receives boost

Iraq’s refining sector receives boost Subscription

28 April 2015 | By

Basra refinery progress to help increase gasoline production

Kevin Baxter

Saudi Aramco welcomes Jizan investors Subscription

23 April 2015 | By

Acwa Holding and Air Products will build world’s largest industrial gas complex

Refinery

The real work at Jizan starts now Subscription

21 April 2015 | By

The execution phase will offer up some huge challenges at the extremely complex scheme

Refinery

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

31 March 2015 | By Wil Crisp

KNPC to decide on possible re-tender

Kevin Baxter

Aramco programme looks to the future Subscription

29 March 2015 | By

Oil major ties up long-term engineering contract and calls time on ageing refinery

Wil Crisp

Kuwait could re-tender Al-Zour refinery Subscription

26 March 2015 | By

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

Aramco calls time on Jeddah refinery

Aramco calls time on Jeddah refinery Subscription

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

See all MEED commentary

Special reports

Refinery

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

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

Tenders

Iraq: Instrument supply Subscription

13 April 2015

The supply of instrument and meters for the oil industry

See all oil - downstream tenders


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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

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