Media ININ Economy We Trust
Media In – Abu Dhabi 7 February 2018 WAM
Abu Dhabi National Oil Company (ADNOC) plans to invest US $ 3.1 billion in a project to boost the refinement of crude oil refining at its Ruwais refinery.
The announcement of the project “Enhancing the Flexibility of Crude Oil Refining” is another important step as ADNOC continues to implement its Gas, Refining and Petrochemicals strategy, which aims to increase profitability margins in refining operations by enhancing operational asset flexibility supported by strong crude oil and product marketing initiatives.
The announcement follows the award of its engineering, procurement and construction contract to a consortium of Samsung Engineering Korea and CP & A of the Netherlands
