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FINANCIAL NEWS
Oman’s Orpic USD9bn project to make Sohar main petrochemical site
02 Aug 2016
(MENAFN) Oman Oil Refineries and Petroleum Industries Co. (Orpic) USD9bn worth of projects will make Sohar top petrochemical site in the world.
Furthermore, Sohar Refinery will overcome the limits of Residue Fluidised Catalytic Cracking (RFCC) unit in Sohar and will enhance capacity by 70 percent.
Meanwhile, the project with a capital expenditure of USD2.7bn is organized for commissioning towards the end of this year.
In addition, the project covers three key elements; a 290km multiproduct pipeline, a terminal in Al Jifnain and a pipeline link from Al Jifnain to Muscat Intl’ Airport.
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03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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