SAMREFSaudi Aramco Mobil Refinery
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SAMREF's cleaner fuel project will be brought online by the end of the year but initial work was completed during the shutdown, traders said.
The deal gave the Swiss group a stake of 74.49% in Samref Overseas.
He sits on the boards of the two JV refineries in Saudi Arabia, Samref (50% Mobil) of Yanbu' and Sasref (50% Shell) of Jubail.
Anabeeb recently, completed the major turnaround projects of Satorp, Samref, Chevron, Yanpet, Luberef and Ibn-Zahr.
The company's top clients since 1978 include Saudi Aramco, Sabic, Sadara, Samref, Satorp, Sasref, Saudi Chevron, Sipchem, Tasnee, SEC, SWCC, Marafiq, NWC, Veolia, Ma'aden, and the biggest international and local EPC contractors and consultants, he said.
22-24 loading from the joint-venture Samref refinery in Yanbu to US-based trader Cargill at a discount of about $22.00-$23.00 a tonne to Singapore spot quotes on a free-on-board (FOB) basis, down from around minus $20.00 previously, traders said.
The 90,000-tonne parcel of 700-centistoke (cst) fuel oil, for July 13-15 lifting from its joint-venture Samref refinery in Yanbu, was sold to a Middle East trader at a discount of $17.00-$18.00 a ton to Singapore spot quotes on a free-on-board (FOB) basis, steady to the previous deal.
Saudi Aramco's joint-venture Samref refinery with ExxonMobil exported three 650-cst parcels as well as one combination 700-cst and blend-stock light cycle oil (LCO) cargo for lifting from mid- to late October.