Cursor International executes projects and collaboration activities across several industries.
By John Lee.
Shell is reported to be still in the process of evaluating the viability of the $11-billion Nebras petrochemical complex in Basra.
The project was designed to produce 1.8 million mt/year of various petrochemicals, using naphtha as a feedstock.
Last year, Reuters reported that Saudi Basic Industries Corp (SABIC) was in talks to join the project, but according to S&P Global Platts there has been no update on the progress of these talks.
(Source: S&P Global Platts)
By John Lee.
Saudi Basic Industries Corp (SABIC) is in talks to join Iraq’s Nebras petrochemical project, according to a report from Reuters.
An advisor to Prime Minister Haider al-Abadi told the news agency at the CWC Iraq Petroleum Conference in Berlin that talks are at advanced stage at ministerial level.
He said SABIC would enter as a fourth partner in the project, along with Shell and the Iraqi oil and agriculture ministries.
(Source: Reuters)