Saudi Aramco and ExxonMobil JV completes clean fuels project
The new hydrotreater dramatically reduces sulfur levels in gasoline and diesel
BS B2B Bureau B2B Connect | Yanbu, Saudi Arabia
“Our long-term partnership benefits from the technology and innovation from both companies. Our refinery will continue to be an industry leader throughout the Middle East and in the global market place well into the future. It is also testimony of Saudi Arabia’s long-standing role as a reliable energy supplier to key geographic areas of the world,” said Khalid Al-Falih, president and CEO of Saudi Aramco.
Darren Woods, senior vice president of Exxon Mobil Corporation, said, “We continue to apply advantaged technology that will deliver world-class products that contribute to the fuels value chain. The successful, recent startup of the clean fuels project illustrates the refinery’s advancements and preparations to meet global energy demands.”
SAMREF is a joint venture between the Saudi Arabian Oil Company (Saudi Aramco) and Mobil Yanbu Refining Company Inc (a wholly owned subsidiary of Exxon Mobil Corporation). The SAMREF refinery complex was formed for the development, construction, ownership and operation of crude oil refining facilities in Yanbu, Saudi Arabia. Following the construction and start-up of the facilities, it commenced operations in late 1984.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Dec 11 2014 | 5:58 PM IST