Wed, 01 May 2013 21:27:04 CDT   ameinfo.com

Oman Oil Co (OOC) is in talks with bankers about raising a $4bn loan to build an oil refinery in the southern coastal town of Duqm, Reuters has reported, citing banking sources. Oman unveiled a plan to build a large petrochemical complex alongside a $6bn refinery in Duqm last year, as it seeks to expand downstream oil operations. The company is developing the 230,000 barrel-per-day refinery project with UAE-based International Petroleum Investment Co (IPIC) .


Thu, 28 Mar 2013 07:34:04 CDT   ghanaweb.com

As government continues to dance around the challenges facing the state-owned Tema Oil Refinery (TOR) , some natives of Pumpuni in the Western Region are beginning to express fear and anxiety over the Pumpuni oil refinery project which government has already acquired land to establish.


Mon, 25 Feb 2013 17:24:51 CDT   ameinfo.com

Saudi Arabia: Saudi Aramco is set to award South Korea's Samsung Engineering the engineering, procurement and construction (EPC) contract for the $700m-$1bn Clean Transportation Fuels Project (CTFP) at its Riyadh refinery, Meed has reported, citing industry sources. "Samsung Engineering is the hot favourite for this project now and I think Aramco will make an award shortly," said an oil and gas source based in Saudi Arabia. The scope of works includes new isomerisation, naphtha-splitting and sulphur....


Mon, 04 Feb 2013 20:09:54 CDT   ameinfo.com

Oman: Oman's Port of Duqm Co (PDC) has announced the contract for the development of a major Liquid Terminal at the port will be floated later this year, Oman Daily Observer has reported. "We are now working on the formalities relating to the design and construction of the Liquid Terminal that will be used primarily for the supply of crude to the planned refinery," said the commercial director of PDC, Reggy Vermeulen. "Our objective is to have the terminal up and running in 2017, in parallel with the....


 
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