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- Bahrain All Share Index, Islamic Index close lower
- Omantel launches "Otech" as provider of technologies of future, enabler of digital transformation
- Three industrial projects begin operations in Salalah Free Zone with investments exceeding OMR5 million
- NBK concludes Its Participation in the Innovation Challenge Program
- Oman signs concession agreement for Offshore Block (18)
- Batelco by Beyon, GCCIA extend partnership to strengthen regional connectivity
- Adnoc Drilling net profit tops $1.45b as it sets sights on regional expansion
- Investcorp Capital H1 operating income up 16% to $52m
- Taqa records total net income of Dh7.5 billion for 2025
- Oil prices tumble more than $1 as IEA cuts demand forecast
13/02/2026 06:46 AST
Petro Rabigh, a joint venture between Saudi oil giant Aramco and Sumitomo Chemical, has signed up KBR, a leading technology and engineering solutions company, to provide maintenance services for its polymer plants in Rabigh, Saudi Arabia for a 10-year period.
Under the agreement, KBR will deliver maintenance solutions designed to improve plant reliability, optimise asset performance, and ensure safer operations across the facilities.
The partnership reflects Petro Rabigh's commitment to implementing global best practices and leveraging industry expertise to drive continuous improvement.
This long-term deal marks a major step in Petro Rabigh's transformation journey, supporting safer operations, stronger reliability, and long-term improvement across its facilities, it stated.
Petro Rabigh said this strategic move was expected to strengthen operational efficiency, minimize downtime, and support long-term value creation for stakeholders.
By aligning with a globally recognized engineering and services provider, Petro Rabigh reinforces its focus on safety, reliability, and operational resilience.
The 10-year agreement underscores both companies' shared vision to foster innovation, enhance maintenance standards, and contribute to the sustainable growth of the Kingdom's petrochemical sector, it added.
The Petro Rabigh plant, valued at $10 billion, can originally produce 18.4 million tons per annum (mtpa) of petroleum-based products and 2.4 mtpa of ethylene and propylene-based derivatives.
Trade Arabia
02/09/2025
Rabigh Refining and Petrochemical Co. (Petro Rabigh), Saudi Arabia's largest refining and petrochemicals company, has launched a capital restructuring plan aimed at reducing accumulated losses that r
Asharq Al Awsat
09/01/2018
Rabigh Refining and Petrochemical Company (Petro Rabigh) said that ten out of 12 units of its $7bn Rabigh phase II petrochemical expansion project in Saudi Arabia have entered into production.
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Energy Business Review
10/07/2017
Reference to the announcement of Rabigh Refining and Petrochemical Company (Petro Rabigh) on April 13, 2015, regarding the recommendation of the Board of Directors to increase the company's capital t
Tadawul
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 24.52 | 0.06 (0.24 |
| ADNOCGAS | 3.36 | 0.02 (0.59 |
| ADNOCDRILL | 5.49 | 0.09 (1.66 |
| BAHRI | 29.50 | 0.00 (0.00 |
| ADES | 16.97 | 0.12 (0.71 |
13/02/2026
Omantel yesterday launched "Otech," the Provider of Technologies of the Future and Enabler of Digital Transformation. This move comes as part of national efforts to accelerate digital transformation
Times of Oman
13/02/2026
The National Bank of Kuwait concluded its participation in the Innovation Challenge Program, organized by the Kuwait Foundation for the Advancement of Sciences, for the tenth consecutive year, in col
Kuwait Times
13/02/2026
Batelco by Beyon has announced the renewal of its strategic partnership with the Gulf Cooperation Council Interconnection Authority (GCCIA) during Capacity Middle East.
This renewal undersc
Trade Arabia
13/02/2026
Adnoc Drilling reported its strongest year on record in 2025, posting a net profit of $1.45 billion as the company accelerated its regional expansion, ramped up technology-driven efficiencies and del
Khaleej Times
13/02/2026
Investcorp Capital (ICAP), an Abu Dhabi Securities Exchange (ADX)-listed alternative investment company founded by the Investcorp Holdings group, reported a total operating income of $52 million, an
Trade Arabia
Financial Information Co.
Saudi Arabia