Gulf Oil and Gas accountACCOUNT

Sharq Signed Letters of Intent with Foster Wheeler

Source: www.gulfoilandgas.com 8/29/2005, Location: Middle East

SABIC affiliate, Eastern Petrochemical Company (SHARQ), has singed letters of intent on 24th Aug 2005 to award contracts to Foster Wheeler to construct Utilities Offsite Facilities within its expansion project III. The letters of intent were signed by Mr. Mohammad Al-Jabri , company President on behalf of SHARQ with executive representative from Foster Wheeler.

Mohamed Al-Mady, SABIC Vice Chairman and CEO said, “SHARQ’s expansion project will add a total of 2.8m MT annually to SABIC’s production including 1.3 million MT of Ethylene, 700.000 MT of Ethylene Glycol, 400.000 of Linear Low Density Polyethylene (LLDPE), and 400.000 MT of High Density Polyethylene (HDPE). This will further enhance SHARQ’s position as the world’s largest single producer of Ethylene Glycol and will also enhance SABIC’s global ranking.

The above mentioned arrangements will cover engineering, procurement and construction of the plants which will be erected at SHARQ complex in Al-Jubail, Saudi Arabia that will be completed by first quarter 2008.

SHARQ is a joint venture equally owned by Saudi Basic Industries Corporation (SABIC) and SPDC Ltd, a Japanese consortium led by the government of Japan and a consortium of companies led by Mitsubishi.

Ethylene News in Saudi Arabia >>

Qatar >>  2/18/2019 - Baker Hughes, a GE company, the world’s first fullstream oil and gas company, has signed a Memorandum of Understanding (MoU) with Qatar Petroleum (QP)...
United Arab Emirates >>  2/2/2019 - The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding an onshore block – known as Onshore Block 3 – to US based international oil a...

United Arab Emirates >>  1/27/2019 - The Abu Dhabi National Oil Company (ADNOC) signed two new strategic equity partnerships with Eni and OMV covering both ADNOC Refining and a new tradin...

Related Categories: Agents, Anti-foaming  Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Grout  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Summer Diesel  Surfactants 

Related Articles: Aromatic Solvents  Butene  Cleaning  Corrosion Inhibiting  Crude Oil  Diesel Fuel  Ethylene  Fluids Drilling, Completion, Workover & Stimulation  Fluids/Chemicals  Fracturing Sand  Fuel oil  Gasoline (Lead free)  General  Jet fuel  Kerosene. Domestic use  Lubricants, Oils & Greases  Nitrogen  Oil Treating & Refining  Polyethylene  Polyvinyl chloride  Propane  Sand, Sandblast  Surfactants 


Saudi Arabia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |

Oil & Gas Projects in Saudi Arabia >>

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.