Gulf Oil and Gas accountACCOUNT

Aramco & Dow JV Project Continues to Make Progress

Source: www.gulfoilandgas.com 8/3/2010, Location: Middle East

Share |
Saudi Aramco and Dow Chemical Company have announced that a proposed joint venture petrochemical project continues to make progress with the front-end engineering and design (FEED) work expected to be completed in mid-2011.

Saudi Aramco and Dow confirm that they have decided on Jubail Industrial City as the planned site location for the project. The decision comes after having evaluated a broad set of variables, which includes anticipated infrastructure benefits and various potential business integration opportunities.

Jubail Industrial City is the largest industrial complex of its kind in the world. It is located in the Eastern Province of the Kingdom of Saudi Arabia, approximately 100 kilometers northwest of Dammam.

Abdulaziz Al-Judaimi, Saudi Aramco’s vice president responsible for the project, said: “We continue to execute the project. The commitment of both partners demonstrates the strategic importance of this project and the benefits of investing in the Kingdom of Saudi Arabia.”

Dow senior vice president Jim McIlvenny commented: “The project has and continues to benefit from the shared dedication and hard work of top talent from Dow and Saudi Aramco. The project team will continue to evaluate all variables that could impact the ultimate investment decision and the relevant stakeholders.”



Engineering News in Saudi Arabia >>

United Arab Emirates >>  11/11/2018 - On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, grantin...
Saudi Arabia >>  11/7/2018 - WorleyParsons has been awarded a five-year framework agreement by Saudi Basic Industries Corporation (SABIC), for the provision of engineering, procur...

Israel >>  11/4/2018 - Israel announces the launching of its second bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters in the Easter...
United Arab Emirates >>  11/4/2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) approved the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase it...

Saudi Arabia >>  10/23/2018 - At the highly impactful Future Investment Initiative (FII) forum in Riyadh, Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic an...
Saudi Arabia >>  10/22/2018 - Seabed Geosolutions (Seabed) and its partner have been awarded a 3D ocean bottom node survey in the Red Sea. The S-79 project will require the acquisi...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


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

Oil & Gas Projects in Saudi Arabia >>

More News

 

Oil & Gas Companies in Saudi Arabia >>


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.