September 2006

Trends and Resources

HP Construction: Middle East

ConocoPhillips and International Petroleum Investment Co. signed a memorandum of understanding to identify new upstream and downstream opportunities for joint investment. The parties also signed a hea..

Jackson, Kim M., Hydrocarbon Processing Staff

ConocoPhillips and International Petroleum Investment Co. signed a memorandum of understanding to identify new upstream and downstream opportunities for joint investment. The parties also signed a heads of agreement to conduct a feasibility study to construct a world-scale refinery in Fujairah, United Arab Emirates. The feasibility study will focus on developing the optimum configuration for the Fujairah Refinery Project, which will have a capacity of 500,000 bpd. Saudi European Petrochemical Co. (IBN ZAHR) has a contract with Samsung Engineering Co. Ltd. to construct a 500,000-tpy polypropylene plant. The unit will be erected at the IBN ZAHR complex in Al-Jubail, Saudi Arabia. Completion

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