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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.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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