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The deal was signed on May 30 by Abdullah Al-Saadoon, Sipchem CEO, and Hussain Al-Qahtani, the President of SASREF, Sipchem said in a filing to the Saudi Stock Exchange (Tadawul).
SASREF will continue to be a critical facility in our refining and chemicals business and we look forward to further optimising its performance and long term viability."
Sasref will continue to be a critical facility in our refining and chemicals business and we look forward to further optimising its performance and long term viability," said Abdulaziz Al-Judaimi, Saudi Aramco's Senior Vice President of Downstream.
Expertise's high-profile clients include Saudi Aramco, Sabic, Farabi, Tasnee, Sadara, Sasref, Maaden, Sahara, Sabtank, Safco, Chemanol and Satorp.
SASREF (Saudi Aramco Shell Refinery Company), the joint venture of Saudi Aramco and Shell International, has completed a comprehensive leadership development program that aims to nurture the skills and competencies of its senior professionals with the support of Aon, a global professional services firm providing a range of risk, retirement and health solutions.
Local, regional and international companies will participate in the exhibition accompanying the conference, including Saudi Aramco, BAPCO, GPIC, SASREF, ExxonMobil, Haldor Topsoe and Arkema Company and other international companies.
In 2010 SA launched a clean diesel unit at its 305,000 b/d refinery (SasRef) in Jubail 50% owned by Shell.
Located in the heart of Jubail Industrial City in Saudi Arabia, the Saudi Aramco Shell Refinery Company (SASREF) is one of the largest petroleum refinery companies in the Kingdom of Saudi Arabia.
However, Shell and Aramco continue to cooperate in two major joint ventures: the 50:50 Saudi Aramco Shell Refinery Co (SASREF) in Jubail, Saudi Arabia, and the Showa refining venture in Japan.
"The Sasref unit was down and the Jeddah refinery maintenance has been extended.
It exports at least 3-4 cracked fuel oil cargoes of up 90,000 tons each from its 550,000 barrels-per-day Ras Tanura plant as well as the joint-venture Samref and Sasref facilities in Yanbu and Jubail, respectively, for most of the year except the summer months of June to August, when it imports for power-generation.
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