Sunday, July 8, 2007

Aramco, Dow to award Ras Tanura contracts soon

(Reuters) - Saudi Aramco and U.S. firm Dow Chemicals are expected to award the engineering, design and project management contracts for the giant Ras Tanura petrochemical plant by the end of July, industry sources said on Sunday.

Dow's investment in the plastics and chemicals plant would be the largest foreign investment to date in the Saudi energy sector.


Read more at Reuters Africa

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