Petrochemicals

The CEO of the Petrochemical Special Economic Zone Organization (PETZONE) said that appraisal studies were being carried out for construction of 12 downstream petrochemical projects in the PETZONE.

Head of Iran’s National Petrochemical Company Behzad Mohammadi announced that his country will increase its propylene output by three times after the opening of 7 new projects.

Iranian ships export petrochemical products to Brazil and return with the South American country’s agricultural products onboard. an Iranian official said.

Attracting investments to the energy sector which would benefit both the producers and consumers. and the Kingdom’s leading role in maintaining market balance.

The two sides could reach an agreement on the value of a possible deal around June.

Iran is currently producing nearly 56 million tons of petrochemicals each year.

UK oilfield services giant Petrofac has secured £1.3 billion worth of orders so far this year. and expects to compete for contracts worth £11.7bn in the second half of 2019.

Building on their decade-long partnership for Eastern Canada seismic gravity surveys. TGS and PGS have announced a partnership with Bain Geophysical Services to create a new regional study of the crust offshore Newfoundland and Labrador.

Implementation of the projects would create a new movement in the southern province of Hormuzgan.

The 51st installment of the Global Petroleum Show (GPS). North America’s largest onshore-oriented oil-and-gas event. kicks off today in Calgary. amid a Canadian activity trough from which industry leaders hope to recover soon.