Tag: Petro Rabigh

Energy, Oil & Gas

Rabigh Refining appoints Hassan Al Yami as president and CEO

Rabigh Refining and Petrochemical Company (Petro Rabigh) has appointed Eng Hassan bin Hamad Al Yami as its new President and Chief Executive Officer, following the resignation of Eng Othman bin Ali Al-Ghamdi from the post....

Energy, Oil & Gas

Petro Rabigh cuts accumulated losses to 14.77% of share capital

Petro Rabigh, a leading petrochemical company jointly owned by oil giant Aramco and Japan's Sumitomo Chemical, has announced that it has cut its accumulated losses to 14.77% of share capital, dropping below a key regulatory threshold after a capital reduction and a return to profit. ...

Energy, Oil & Gas

KBR, Petro Rabigh enter 10-year maintenance services contract

KBR and Rabigh Refining & Petrochemical Company (Petro Rabigh) on Wednesday announced a strategic 10-year general maintenance services contract, with an optional two-year extension, covering Petro Rabigh Polymer I and Polymer II plants at Rabigh in Saudi Arabia....

Energy, Oil & Gas

Aramco completes acquisition of additional stake in Petro Rabigh

Aramco has advanced its strategic downstream expansion with the acquisition of an additional 22.5 per cent stake in Rabigh Refining and Petrochemical Company (Petro Rabigh) from Sumitomo Chemical Corporation (Sumitomo) for $702 million (SAR 7 per share)....