Saudi Arabia and Indonesia have signed several agreements and memorandums of understanding valued at approximately $27 billion. These deals, reported by the Saudi state news agency SPA, involve private sector institutions and focus on areas such as clean energy and petrochemicals. The agreements were finalized during the visit of Indonesian President Prabowo Subianto to Saudi...
Borouge Plc and ADNOC Logistics & Services Plc (ADNOC L&S) have announced a significant 15-year strategic partnership aimed at increasing the production and export of petrochemicals from the UAE. This collaboration is expected to enable a substantial rise in Borouge’s output, particularly following the expansion of the Borouge 4 plant. The partnership will involve ADNOC...
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, conducted a meeting with representatives from the British company Shard Capital to discuss the advancement of the $7 billion Mediterranean Petrochemicals Complex in New Alamein. This meeting follows the signing of a joint framework agreement with the Saudi Al-Qahtani Group last February during the EGYPES event....