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Oil - Downstream

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

New projects

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

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

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

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

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

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

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

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

Boats

Sohar shelves new liquid bulk jetty project Subscription

27 January 2015 | By

Northern Oman port operator says there is no need for increase in jetty capacity

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

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Oil - downstream trends

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

Refinery

Jizan turning the corner

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

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

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 Subscription

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 Subscription

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

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

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


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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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