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).
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."
John Abbott, Shell Downstream Director, said: SASREF
has been a long and successful partnership between Shell and Saudi Aramco.
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.
(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.
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.